06-10-2014, 11:32 AM
Abstracts: Retailers look for more efficient ways to operate their businesses. Whether dealing with shrinkage issues, unnecessary paperwork or time management issues, a point-of-sale (POS) system can save money and time. While POS systems can be costly, depending on the size of the business, they can often pay for themselves within a year or two. A point-of-sale (POS) system provides businesses with the ability to computerize systematize and correlate retail information. Where cash registers, including complex register systems, have limited information collection capacity, POS systems can gather, store and return detailed reports on inventory trends and customer information. Additionally, POS systems more easily integrate with numerous sales and ordering systems, including mail or online ordering systems used in conjunction with in-person sales. Warehousing is the placement of products, merchandising and goods in storage units as a major part of distribution management. Goods may move between multiple warehousing and distribution systems from the time they are initially manufactured to the time they ultimately are delivered to end users. The managerial logistics that ensure an efficient and timely flow between these distributions points define the objectives of warehousing and distribution.