retail365cloud

Retail store owners operate on tight margins and manage many moving parts. This becomes especially difficult to manage effectively when using manual methods. A point-of-sale system (POS) is a great tool to manage all these moving parts while helping to ensure customer satisfaction—but finding the right POS for a small to midsize business (SMB) is no easy feat. “POS can help businesses in a variety of ways, including managing inventory, providing customer management data, identifying opportunities and weaknesses in the store and much, much more.” To help, Software Advice identified five must-have POS features to look for in a system. These features can streamline the management of your store and lead to more positive customer experiences. We’ll also share advice from retail store owners who are using POS software successfully and highlight some of our own data on POS systems and retailers.  1) Sales Reporting and Analytics: Transparency into Data  Sales reporting ...

Retail is an important part of the supply chain. It is the place where the goods are sold directly to the end user. Let's discuss more about the retail management information systems.  The Indian Retail sector has come off age and has gone through a major transformation over the last decade with a noticeable shift towards organized retailing. AT Kearney, a US Based global management consulting firm has ranked India as the fourth most attractive nation for retail investment among 30 flourishing markets.  The Indian Retail Industry has come forth as one of the most dynamic and fast paced industries with several players entering the market. The Retail sector is one of India's fastest growing sectors with a 5 % compounded annual growth rate.  Today due to Retail business the total concept and idea of shopping have been undergone an attention drawing change in terms of format and consumer, buying behavior, ushering in a revolution in shopping in the country.  ...