Analysis of Point of Sale System and Its Benefits for Business Operations

IT for Business

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Executive summary
This report covers the analysis of case study of Four Seasons Greenhouse and Nursery
Company that make use of point of sale system and how it has proven to be efficient in
company’s growth. The report covers the importance of point of sale system and how it has
helped in making better decisions. Along with the use of centralised database has been
discussed. Taking into consideration the risk caused by the POS system can been discussed
along with their count measures.

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Table of Contents
Introduction...........................................................................................................................................2
Answer to question 1.............................................................................................................................2
Answer to question 2.............................................................................................................................3
POS Gains competitive advantage of point of sale........................................................................3
Answer to question 3.............................................................................................................................3
Benefits of using centralised database..........................................................................................3
Answer to question 4.............................................................................................................................4
Decision making with help of POS.................................................................................................4
Answer to question 5.............................................................................................................................4
Telecommunication for point of sale system.................................................................................4
Answer to question 6.............................................................................................................................5
Recommendation..................................................................................................................................6
Conclusion.............................................................................................................................................7
References.............................................................................................................................................8

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Introduction
Point of sale is a combination of software and hardware that is used for making the
business operations work effectively. It takes care of all the transactions that happen in a
business. It has replaced the old traditional methods that required lot of human efforts. Point
of sale systems are the emerging trend in the marketplace. It has somewhere increased the
revenue of the company by improving the way operations are performed. Point of sale system
has turned out to be very beneficial for businesss (Fleyder,et. al, 2018). In this report various
benefits and drawbacks associated with it has been analysed. The report covers analysis of
point of sale system from different aspects. Centralised database has also added flexibility in
the business as it has eliminated the issue of updating the data at different locations. Point of
sale system offers ease in making better decision regarding the betterment of an organisation.
Addition to it the report covers the telecommunication media and type of network that could
be used by businesses to communicate between different parties. There are various risk
associated with the point of sale system. Thus it is important to protect the system by using
various mitigation techniques.
Answer to question 1
Point of sale system is a technology that has been widely used among businesses these
days. It not only helps in analysing the sale and return policies of products rather than it
makes the business automatic by eliminating all the manual efforts.
There are various advantages and disadvantages that businesses face. Some of them are listed
below:
Advantage