Chapter 1 POS
Chapter 1 POS
Chapter 1 POS
INTRODUCTION
Point of Sale (POS) systems, also known as POS software, have come a long way from
being bolt-on applications for cash registers. Today, the cash register as the cornerstone
piece of retail technology has been replaced by PCs, tablets and mobile devices. We offer
integrated software programs and POS systems for "mom-and-pop" stores to large retail
chains, and everything in between. Our web based solution can handle any combination
of checkout, inventory control (Stock) and customer management (CRM). Our system
will help you automate the point of sale, improve inventory tracking and enable more
effective management of customer data to grow profits and decrease store inefficiencies.
To calculate the amount owed by a customer, the merchant may use any of a variety of
aids available, such as weighing scales, barcode scanner, and cash registers. To make a
payment, payment terminals, touch screens, and a variety of other hardware and software
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1.2. PROJECT GOALS AND OBJECTIVES
This project isn't that easy to do, we want for our project will be executed successfully.
This project Point of Sale (POS) can help which a customer makes a payment to the
merchant in exchange for goods or after provision of a service. After receiving payment,
the merchant may issue a receipt for the transaction, which is usually printed, but is
Retailers and marketers will often refer to the area around the checkout instead as
the point of sale (POS) when they are discussing it form the retailer's perspective.
This is particularly the case when planning and designing the area as well when
Objectives: The reason for deploying a Point of Sale information system are
obvious:
- Reduce Cost
- Buy Smarter
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- Control the money
- Less Saving
- Improve Marketing
Technology is moving business forward. If you're a retailer who refuces to upgrade your
point of sale methodology, it's quite possible you'll be left behind in a world of
calculators, printed receipts and late night inventory checks. POS systems provide
POS technology refers to Point of Sale (POS) and this is being used in the restaurant,
Shopping malls, and retail sector industries to help this business grow at a rapid pace.
This is the advanced technology which helps the business in a various forms as they
easily track their sales, cash flow, food inventory and these businesses can also simplify
The sales and inventory system is focused on sales and inventory system of TH Garment.
The store is located at Car-Car City. Along the process, the sales incurred by the said
establishment will be updated automatically during every transaction. The transaction and
recording process will be made accurate, fast and reliable due to the reduction of human
error. The system will also provide computerized searching of inquired products; it will
generate accurate records in the inventory, and it will also provide system security to
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protect the business in the records. This study does not include the following features: the
use of barcode scanner technology, payroll for the establishment employees. It does not
Customer. They will be given more quality service which will be more convenient for
them. The new system will lessen the time spent by customers in the buying and paying
process.
Manager. If the manager wants to check the status of their sale, he just needs to login
Owner. The owner will also benefit from the system because he or she can manage the
system which provides everything for the user, he can also benefit from the accurate
Staff. The staff will have an easy way of recording the orders. They will not have
problems in product orders since it’s now computerized. They will not be having a hard
Future Researcher. The future researchers can use this project as a sample study guide if
ever they conduct some study to develop a system related to this kind of system. This
project can serve as their reference; they can use the data in this project for further
studies.
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Scope and Limitations:
Point of Sale (POS) they can use in the retailer like casher. POS stands for Point Of
Sale, a system that is used throughout the restaurant and retail industry. This
computerized system allows business owners to track sales, cash flow, food inventory and
can help simplify your bookkeeping enormously. It's an all-in-one solution that processes
your customer transactions, payments, and inventory levels. It streamlines your staff
management, provides you with live data access and helps you target customer
Limitation A point of sale (POS) system is what you see when you take your groceries
up to the front of the store to pay for them. It is a computerized system that links the
the customer and store and maintaining updates on pricing and promotions. Although a
point of sale system has many advantages, it is important not to overlook the
disadvantages.
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1.4. THEORETICAL BACKGROUND
POS system can include the ability to record and track customer orders, process credit
and debit cards, connect to the other systems in the network, and manage inventory.
Generally, a POS terminal has as its core a personal computer, which is provided with
application specific programs and I/O devices for the particular environment in which it
will serve. a POS system for a restaurant, Shopping malls, Super Market for example is
like to have all menu items stored in a database that can be queried for information in a
number of ways. POS terminals are used in most industries that have a point of sale such
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1.5. REVIEW OF RELATED LITERATURE
James Ritty, an Ohio native and saloon owner, invented the first cash register in
“In 1878, while on a ship bound for Europe, Ritty saw a machine that counted the
number of times that the ship's propeller completed a revolution,” the article
states. "Using the same sort of technology, Ritty became convinced that he could
Ritty, as the story goes, was especially motivated to do this, as he had discovered
several years earlier that an employee was stealing money from him, and thought
Ritty’s register was a simplified version of the cash register that we know today.
“Instead,” Ohio History Central states, “it simply recorded the number of sales
and also the amount of each one. This machine allowed Ritty to keep accurate
track of the number of sales and the amount of each sale that was made.”
Ritty didn’t see much of a financial benefit to his invention, so he eventually sold
his patent to John H. Patterson, who would establish the National Cash Register
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(NRC) Company in 1884. This is still in business, now known as the NRC
Corporation, and is responsible for making the initial mechanical cash register a
in 1979, Gene Mosher's Old Canal Cafe in Sysracuse, New york was using
customer order at the restaurant's front entrance then complete preparation details
in the kitchen. With such process in place, customers would often proceed to their
tables to find their food already waiting for them. The software also included real
In 1985, Mosher introduced the first color touch-screen driven POS interface. This
software operated on the Atari St,which was the world's first consumer-level color
graphic computer. By the end of the 20th century, adoption by many cash register
manufacturers and other Point of Sale Software developers as the de facto standard
Improvements to the cash register were made following Ritty's invention. This included
adding a cash drawer and paper roll for receipts. As a result, an increasing number of
businesses started to utilize the machine, making it easier to record transactions and
manage capital.
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As the 20th century continued, even more changes were made to further refine the cash
display (LCD) screens, credit card magnetic stripes, and thermal printing, occurred
during the mid-1900s, resulting in additional changes to the cash register. Ultimately,
these helped transform it into a digital machine that would be widely used, for decades.
Online resource The Green Sheet discusses some of the changes that took place in the
1980s and 1990s. One 2016 article specifically explains that between Gene Mosher’s
touch-screen interface invention in the late 1980s and Martin Goodwin and Bob Henry's
Microsoft platform POS system, the original cash register got a whole new makeover.
However, it’s important to note that POS systems differed—and still do—depending on
the industry. For example, Mosher’s touch-screen was initially for restaurants.
Additionally, the NCR Corporation highlights other new features introduced during this
POS systems that emerged during this time look a lot like those we use today. There, of
course, have been other technological advancements throughout the 21st century,
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Today, everything is in the “cloud.” This has pushed manufacturers to further revamp the
POS system. Due to so many consumers reaching for their phones to pay for items and
utilize store membership discounts and coupons, it's no longer enough for POS systems
POS systems nowadays are expected to do much more than simply complete transactions.
This is the reason why companies, such as Clover®, designed highly efficient and
technically savvy POS systems capable of tracking employee activity and inventory,
delivering invoices, providing real-time information, even operating when the internet is
down, and offering applications merchants can easily download for additional features
However, while POS systems have indeed come a long way, these advancements will
Today, There are hundreds of software vendors making software for POS. The software
runs on all types of machines and different operating system (OS). although Windows
variations (XP, Windows Embedded, known as WEPOS and Windows Server) dominate
the industry. Large businesses run via a client server model in which there is a dedicated
database server, which all the other station talk to for retrieving and storing data. Even
small businesses like Shopping Mall can run on this model. The industry continues to
grow rapidly as more and more businesses realize the value to be gained by adopting
POS.
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1.6. DEFINITION OF TERMS
Inventory – Or stocks refer to goods and materials that a business holds for the
interconnecting network.
Software – Is a based solution used to track sales and inventory of the garments.
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Hardware – The main component of a point of sale system is the CPU, or
computer, that runs the software. It may have a standard operating system running
the machine or it may come loaded with proprietary software from the POS
software vendor inventory control. This means you should resist the urge to use
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