Beginners Guide To EPoS Systems

Word Count: 543
Total View: 215

Although the name may not seem familiar, many people have seen, and even used, an EPoS system.  EPoS stands for ‘Electronic Point of Sales’ and is used in almost every shop to track sales, stock etc.  Fast food restaurants use these machines, equipped with touch screen cash registers, extensively for the quick ordering of customers’ food.  These machines are used every day, yet not much is known by the general public about how they work or what interesting other uses they offer.

License: Royalty Free or iStock

License: Royalty Free or iStock

Read on if you’re interested in finding out more.

The Basics

You might already have an image in your head of these machines and be able to begin to understand how useful they can be.  However, if you still can’t quite place what they are exactly, this will explain it further.  EPoS systems are usually found at the checkout of each shop and are used to record transactions.  They also provide stock information; when an item of stock is sold, it removes it from the store’s stock list.

Some large retailers provide these touch screen stock systems around their store so that it is convenient for customers to see if the product they are looking for is in stock.  These useful pieces of technology can also be linked to a store’s website and provide real-time stock information online.  Again, the benefits of this for both customer and company are clear to be seen.

Benefit for the Business

One of the biggest problems for businesses is having their cash tied up in stock.  An EPoS system can completely ease this dilemma through its stock handling system.  By being provided information about what stock is sold quickest and which stock doesn’t sell quite so well, store managers are able to purchase items sensibly.  For example, if a shop is selling more sneakers than hiking boots, the system will provide information about which item of stock is more in demand.  This allows the manager to see that he needs to get more sneakers in to meet the demand, while not needing to buy any more hiking boots as they’re not as popular.

Benefit for the Customer

A touch screen PoS system provides an interactive sales experience for the customer.  Many supermarkets now have self-checkout services which allow the customer to purchase items easier and quicker, which inevitably make both store and customer happy.

Another benefit that the EPoS system provides for the customer is the fact that it can be linked to a website.  The beneficial factor of this is that a real-time stock update is provided to the customer, so that they can see what items are in stock, and which are not.  This will certainly lower a customer’s frustration at having to travel all the way into the shop, only to find the item they want is sold out.  Other information provided to the customer is the delivery date of an out of stock product, as well as suggesting any similar products which the customer may also want to buy.

About Author: This article was written by Alex Girardi, who recommends going to www.captiva.ie when in need of an EPoS system.

2 Comments

  1. Jonnie October 7, 2013
  2. Ravi Sankar October 6, 2013
Games Security
eCommerce
The Million-Dollar Question of eCommerce: How to Get Repeat Business?
Telephone System
Office Telephone System: How to Choose the Right One for Small Enterprise
Internet Marketing
Top-Most Internet Marketing Strategies on the Go
External Giveaway Freebie TechnoGiants Giveaway
MacXDVD
Freebie: MacXDVD Gives Away 10K Free Copies of MacX Video Converter
Flipbook
Giveaway #40: FlipHTML5 Flipbook 3-months Platinum Plan Subscription
iCare Data Recovery Pro
Giveaway #39: iCare Data Recovery Pro Free Download with License Key
Android iPhone
Travel App
5 Apps You Need to Pack for Your Next Vacation
Android Phone
5 Tricks to Speed Up Your Slow Android Phone
Money Online
Great Ways to Earn Money Online With Your Smart Phone
Adsense
On Page Optimization
Understand the effectiveness and important of On Page Optimization
Search Engine
Why Content Marketing is the New Key to Good SEO
Outsource SEO
5 tips that will help you with SEO Outsourcing
MAC Software
Hiring Software
How to Get the Most Out of Your Hiring Software?
DVD Copy
How do you copy DVD with DVDFab DVD Copy Software?
Able2Extract Professional 11
6 Time-Saving Tricks: Featuring Able2Extract Professional 11
Blogging Social Media
Time Management
8 Time Management Strategies for Fellow Bloggers
WordPress
7 Pros and Cons of WordPress for Blogging!
eCommerce
How to Set Up an eCommerce Store Using WordPress in 7 Steps
Email Marketing
Infographic: The Giant Email Marketing Statistics Guide
Ecommerce
Infographic: How to Create Your Ecommerce Store With Magento
Ways to Backup iPhone
Infographic: Ways to Backup iPhone – Avoid iPhone Data Loss
Debit cards
The Rise in use of Credit/Debit cards in India after Demonetization