POS System: Advantages, Disadvantages, and Recommendations

Running head: POS SYSTEM
POS system
Name of the Student
Name of the University
Author’s Note:

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POS SYSTEMS
Executive Summary
The main objective of this report is to understand the case study of Four Seasons Greenhouse
and Nursery. It is a small nursery located in Colorado for managing or tracking all types of
inventories manually. The organization has faced significant losses within the business and
hence, the management has decided to incorporate POS system or point of sale system in the
organization. This report has properly enhanced the proper implementation of the POS
system within the business and provided significant information regarding various benefits
and disadvantages of POS system. WAN technology is the most effective and suitable for this
organization.

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POS SYSTEMS
Table of Contents
Introduction................................................................................................................................3
Discussion..................................................................................................................................3
1. Advantages and Disadvantages of New POS System........................................................3
2. How can POS System help in gaining competitive advantages.........................................4
3. Benefits of a centralized database......................................................................................5
4. POS System Facilitating Decision Making........................................................................6
5. Recommendations of Telecommunication Options...........................................................6
6. Probable Risks in POS System with Mitigation Plans.......................................................7
Conclusion..................................................................................................................................8
References..................................................................................................................................9
Bibliography.............................................................................................................................11
Appendices...............................................................................................................................12
Appendix 1...........................................................................................................................12
Appendix 2...........................................................................................................................12

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POS SYSTEMS
Introduction
POS or point of sale system is the particular time as well as place, where any retail
transaction is being completed. Point of sale is that point of time, when a specific merchant
evaluates the particular amount, which is being owned by the customer and thus indicating
the exact amount (Frisby et al. 2012). Next, the invoice is eventually prepared for the
customers and the customers then can proceed towards payment section. When he has made
the payment successfully, he gets the product from the seller. Point of sale is present in every
retail transaction, irrespective of the size of the organization.
The following report will be outlining a brief description on the significant case study
of a specific organization, namely, Four Seasons Greenhouse and Nursery. This report will be
demonstrating regarding the basic system of POS or point of sale in the particular
organization. There are various benefits and disadvantages of the system and all of them will
be mentioned here. Several recommendations will be provided here.
Discussion
1. Advantages and Disadvantages of New POS System
Point of sale system comprises of several important and significant advantages and
disadvantages. The organization of Four Seasons Greenhouse and Nursery will be having
various advantages form the new point of sale system (Chavali, Yang & Nehorai, 2014). The
most significant advantages of the new POS system are as follows:
i) Efficiency and Rapidity: The first advantage of POS system is efficiency and
rapidity. The typical system of point of sale is utilized for improving the overall efficiency of