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Point of Sales System: Advantages, Disadvantages, Business Gain, and Recommendations

   

Added on  2023-06-04

11 Pages2598 Words163 Views
Leadership ManagementProfessional DevelopmentDatabases
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Running Head: POINT OF SALES
Point of Sales
Name of the Student
Name of the University
Author Note
Point of Sales System: Advantages, Disadvantages, Business Gain, and Recommendations_1

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POINT OF SALES
Table of Contents
Introduction................................................................................................................................3
Advantages of implementing POS system.................................................................................3
Disadvantages of implementing the POS system.......................................................................3
Business Gain.............................................................................................................................4
Advantage of centralised data base............................................................................................4
POS benefits in decision making...............................................................................................5
Tracking of the data manually................................................................................................6
Questionnaire.........................................................................................................................6
Managing better business.......................................................................................................7
Recommendation........................................................................................................................7
Types of Network...................................................................................................................7
Types of media (wired or unwired)........................................................................................7
Risks and mitigation system.......................................................................................................8
Security Risks.........................................................................................................................8
Privacy and confidentiality issue...........................................................................................8
Conclusion..................................................................................................................................9
References................................................................................................................................10
Point of Sales System: Advantages, Disadvantages, Business Gain, and Recommendations_2

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POINT OF SALES
Introduction
Implementation of the information technology has been acting as one of the major
technological advancement in today’s society. The usage of the information technology has
been proven beneficial in the case Small and Medium sized enterprise. This is the main
prospect that leads to increase in efficiency of the commencing of the business processing.
This report deals with the advantages and disadvantages that are present in the course of
implementation of the Point of Sales system. This report also states the advantage that the
organization will enjoy on implementing the centralization of the data centre. This report also
states the methodology that increases the efficiency of the implementation of the system.
Recommendation of the most suitable networking system is also stated in this report. This
report also provides the risks that nature present in the digitization of the data.
Advantages of implementing POS system
The major advantages that the organization enjoys on implementing POS system are as
follows: -
Providing offers as per the demand of the clients: POS helps in understanding the
offers that the users wants. This helps n implementing the offers that will be well
accepted by the users (Sana 2016)
Lack of downtime: since the data that are stored can be controlled by the remote
access, though there might be fail in the data base of the system it will not affect the
business organization if POS is implemented
Disadvantages of implementing the POS system
The major disadvantages that are faced by the business organization due to the
implementation of the POS system are as follows: -
Point of Sales System: Advantages, Disadvantages, Business Gain, and Recommendations_3

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POINT OF SALES
The security of the data that are gathered during the performance of the POS system is
treated as one of the major disadvantage of this system
The data that are stored can be accessed by the imposter who can affect the business
organization in a negative way (Nagamachi and Lokman 2016)
Business Gain
The main aspect that beneficiates the business management is the processing of the
audience of the business. This methodology helps in understanding the demands of the clients
that affects the point of sales. In case the business organization does not understand the
demand of the clients, the products and services that will be manufactured by the
organization will not satisfy the clients of the organization. In case the client of the business
organization gets dissatisfied, the clients will not stay loyal to the brand and will be forced to
look for substitutes of the business organization (Lin 2013). This will lead to an increase in
brand equity of the business organization. This is the reason that the Four seasons green
house and the nursery system. In the process of implementation of the information
technology in the small and medium scale industry, the main aspect that is to be performed
will constitute the processing of the Point of Sales.
Advantage of centralised data base
The advantages that are enjoyed by the business organization due to centralization of data
are as follows: -
Better access to the data by the higher authority: the data that are stored in the data
base can be accessed by the higher authorities of the business organization. This
access of the data by the higher authority leads to an increase in the processing of the
data management system. This also helps in understanding the fact that the data
Point of Sales System: Advantages, Disadvantages, Business Gain, and Recommendations_4

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