Advancements in Point of Sale

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Advancements in Point of Sale

Transcript of Advancements in Point of Sale

Page 1: Advancements in Point of Sale

Advancements  in  Point  of  Sale

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Advancements  in  Point  of  Sale  Software

Today’s POS systems  provide  more  functionality  than  simply  capturing  a  transaction  and  should  be  used  to  better  the  customer  shopping  experience  across  all  channels.  Modern POS system  functionality  includes  mobile POS (allowing  store  associates  to  be  untethered  from  the  counter)  drop  shipping,  ship  from  store  and  pick  up  in  store,  as  well  as  the  delivery of catalog  and  customer  information.

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Advancements  in  Point  of  Sale  Software

Evolution  of  Point  of  Sale  Hardware  and  Software  have  been  tightly  coupled  in  order  to  process  a  Sales  Receipt

From  Pencil  and  a  Pad  of  Paper  to  cloud  computing  and  an  iPad

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Advancements  in  Point  of  Sale  Software

• Traditionally  Point  of  Sale  Software  was  focused  on  the  “Sale”  figuratively  at  the  “point  of  sale”  hence  POS.  • Capturing  what  item  was  sold,  how  much  and  what  price  • Creating  a  Sales  Receipt• Taking  payment,  cash,  credit,  debit  • Printing  a  sales  receipt

Basic,  Customer  Facing,  and  Single  Channel

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Advancements  in  Point  of  Sale  Software

Advancements  are  a  byproduct  of:• Improve  the  customer  experience• Save  the  “SALE”  and  increase  conversion  • e-­‐Commerce  •Multi  or  Omni-­‐Channel  Pressure• Hardware  catching  up  to  Software• Cloud  based  vs.  on  Premise  Based  Deployment

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Advancements  in  Point  of  Sale  Software

Point  of  Sale  Solutions  Maintain  Inventory

• View  Inventory  by  Store• View  Inventory  by  DC• View  Inventory  by  Channel• View  Inventory  by  Open  Purchase  Order• View  Inventory  by  Transfer  Order

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Advancements  in  Point  of  Sale  Software

• Ship   from  another  store• Ship   from  vendor• Ship   from  distribution   center• Ship   from  3PL• Ship   to  Store• Pick  up  at  Store  

Save  the  “Sale”

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Advancements  in  Point  of  Sale  Software

e-­‐Commerce  Catalogue Store(s)  Catalogue

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Integrated  POS  with  Clienteling

• What  has  she  bought  from  me  and  when• What  channels  has  she  bought  from  me• What  are  her  preferences• What  is  her  average  spend  per  TX• How  many  items  does  she  buy  per  TX• What  is  her  return  rate• Does  she  have  anything  in  her  wish  list• What  are  her  loyalty  points  • Who  has  helped  her  in  the  past

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Advancements  in  Point  of  Sale  Software

Hardware  Agnostic

Operating  System  Agnostic