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Point of sale

August 10, 2009
What is point of sale?
Point of sale, or POS, refers to the capturing of data and customer payment information at a physical location when goods or services are bought and sold. The POS transaction is captured using a variety of devices which include computers, cash registers, optical and bar code scanners, magnetic card readers, or any combination of these devices
Where we are using point of sale system?
Points of sale system are used in following:
  • Retail Point of Sale Systems
  • Grocery Point of Sale Systems

  • Gas Station Point of Sale Systems

  • Restaurant Point of Sale Systems

  • Liquor Store Point of Sale Systems

What are the components of point of sale system?
The components of point of sale system are as follows,
Personal Computer – to run the retail POS SOFTWARE
Magnetic stripe readers – process credit cards
Scanners – to read the bar codes
Advantage of POS over Cash register:
For example, a cash register is usually a heavy object that sits in one place, records its operations on paper tape, and operates a cash drawer. A POS terminal, by contrast, can be networked to other POS terminals, and to a server in the back room, or at another location. It can be expanded with handheld devices wirelessly linked to the main system, and it can track a far greater number of operations in more useful ways, and its software customizations changed over time as your needs change, or as you think of new things you want to record, organize, and analyze.
The main advantage of a computerized POS system over a cash box or a cash register is the sophisticated and detailed sales reports you can get. You can look at sales many ways, including by item sold, time periods, by store if you have more than one, even by sales clerk. It can also help reduce employee shrinkage.
Microsoft in point of sale and service:
The advent of the Internet has created a foundation for automating insurance sales and services. Powerful new applications coupled with the Microsoft .NET strategy of integrating core systems are helping to make both the employee and the customer experience more efficient and cost effective.
Microsoft-based point-of-sale and service solutions can reduce or eliminate the need for employees and customers to reenter data. By implementing .NET-enabled Web service applications and supporting industry standards, compliant insurance applications can share data entered into any system.
The flexibility of Microsoft software architecture makes it possible for insurance carriers to use industry-specific data to differentiate themselves from competitors by applying business rules for specific customers
The following partners offer point-of-sale and service solutions built on the Microsoft platform
  • Acrosoft

  • AMS

  • Avanade

  • Bearing Point

  • Bluebook

  • Decision Research Group

  • GRT

  • Hewlett Packard

  • IDP

  • Impact
  • Infosys
Microsoft Product:
Microsoft released a point of sale software known as Microsoft Dynamics. It is specially designed for independent, single-store retailers. Microsoft Dynamics ¬タモ Point of Sale streamlines inventory management and reporting, automates transaction processing start-to-finish, and makes it easy to track customer information and maintain detailed customer histories. Point of Sale also includes Microsoft Office Accounting Professional 2007, delivering a true solutions suite that connects point of sale (POS) and financial management processes.
System Requirement:
The minimum system requirement for this software to install and update is given below,
Operating System and Software:
  • Microsoft Windows XP Professional with Service Pack 2 or later, Microsoft Windows Vista Business or above, Microsoft Windows Embedded for Point of Server 2003
  • Microsoft SOL server2005 Express edition

Hardware Requirement:
  • PC with Pentium lll 1.2 GHz or faster processor
  • At least 512 MB of RAM
  • Approximately 1.5 GB of available hard-disk space for the Point of Sale program and files
  • CD-ROM drive
  • VGA(1024 * 768) or higher resolution
  • Microsoft mouse or pointing device
HP in point of sale:
The HP Point of Sale Solution (POS), designed specifically to withstand the demands of the retail environment, provides a complete point-of-sale solution for retailers ranging from small to large. In retail point of sale system the PCs used are subjected to more stressful condition than the PCs used by the home and office. PCs are mainly dedicated to a single person for a few hours each day but POS systems are handled by several people and for whole day. So the performance of the system is reduced. In order to overcome this problem HP introduced HP rp5000.This affordable, retail-ready solution is ruggedly designed to withstand the rigors of a stressful retail environment. The HP rp5000 features a steel chassis for durability and protection, extra fans for cooling, and an oversized heat sink and power supply. Gold interior connectors for long wear and recessed, locking connectors for exterior cabling to prevent accidental unplugging help ensure the system is up and running whenever the store is open.
The products released by HP for point of sale is given below,
  • HP rp5000
  • HP L5006 LCD 15¬タ? Touch screen monitor
  • HP cash drawer
  • HP USB Barcode Scanner
  • HP USB Thermal Receipt Printer
  • HP USB Mini Magnetic Strip Reader
  • HP USB POS Keyboard

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