Implementation of POS System in Four Seasons Greenhouse and Nursery
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This report discusses the implementation of POS system in Four Seasons Greenhouse and Nursery. It covers the pros and cons of POS system, advantages of centralized system, and risks associated with it. The report also provides expert recommendations for telecommunication network for POS system.
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Running head: IT FOR BUSINESS IT FOR BUSINESS Name of the Student Name of the University Author Note:
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1IT FOR BUSINESS Table of Contents Introduction..........................................................................................................................2 Discussion............................................................................................................................2 Pros and Cons of POS system.........................................................................................2 POS system for competitive advantages..........................................................................3 Advantages of centralized system...................................................................................4 POS system for decision making.....................................................................................5 Recommendation of Telecommunication for POS system..............................................5 Risk in POS system.........................................................................................................6 Conclusion...........................................................................................................................6 References............................................................................................................................7
2IT FOR BUSINESS Introduction POS stands for Point of Sale can be sated as a place where a particular transaction can be done completely (Rahman and Ripon 2014). The role of the merchant is to evaluate the total amount which is paid by a customer and also highlights the amount which is needed for preparing an invoice. The payment process is done as soon as the invoice is completed. In other words, POS system can be sated like a traditional cash register system which is required for simplifying the checkout process (Rossi et al. 2017). POS system can easily connect various credit card transaction at the time of checkout. POS system is beneficial as it helps in simplifying and speeding up the whole transaction process. In the coming pages of the report, the case study of Four Seasons Greenhouse and Nursery has been provided. The following report mainly deals with implementation of POS system in this particular organization. Various pros and cons of POS system have been discussed in details. The last section of the report deals with a list of recommendation for this particular firm. Discussion Pros and Cons of POS system There are a large number of advantages of making use of POS system like Increasing efficiency:With the help of the POS system, the work efficiency of the employees of Four Seasons Greenhouse and Nursery will be improved to large extent (Laudon and Laudon 2016). POS system helpful in decreasing the overall checkout time as the employees have the right tool for the given job.
3IT FOR BUSINESS Expanding payment capabilities:POS comes up with advantages like ability to ability to accept diverse payment like EMV based chip cards. POS system provides some of the other kind of payment methods like NFC payment and payment through mobile wallet (Wright and Ashida 2016). By providing more number of payments methods, Four Seasons Greenhouse and Nursery can increase their revenue. Better Accuracy:A POS (point of sale) can easily ease out for its use like touchscreen interface for providing all the necessary information (Abel and Obeten 2015). Apart from this, it removes the manual method of keeping the item and different prices in the cash register. Removing the need of upload or entering data in the back office system helps in reducing the error or risk of human error. POS system comes up with large number of disadvantages like: Cost of Web access:POS system aims in establishing connection between single register to a large network for various information. In many cases it is seen that is unavailable or incontinent for access (Eskandari, Clark and Hamou-Lhadj 2018). For this particular reason, various round the globe prefer web-based system over a software-based system. So the user of POS is required to pay for internet charges for accessing the register. Updates:Software-based point of sale system is required for continuous updating with new version from manufacture or any software based organization (Smith 2014). In addition, for various kind of compliance and among updates, Four Seasons Greenhouse and Nursery need invest a huge amount of money on hardware. Security risk:Customer who makes use debit card at POS comes up with various kind risk of divulging their PIN number to other customers (Saxena et al. 2015). Most of system take
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4IT FOR BUSINESS up certain number of measures for hiding the keypad but they fail. For a web-based system, various kind of security and privacy risk comes into action for carrying out business on internet platform. POS system for competitive advantages Point of Sale helps in creating the entire transaction into a much simpler thing. It helps in analyzing every aspect of business operation which is needed for carrying out the given transaction (Ephraim and Samual 2016). The workload of various employee is reduced as the whole transaction procedure is simplified. As without POS system employees need to manage the whole transaction process in manual way. After the adaptation of POS system, all the given process can be carried out in automatic way. This particular system can be benefitted for providing better acknowledgment of products which bring a large number of benefits to Four Seasons Greenhouse and Nursery (Cheng et al. 2018). It can easily bring huge amount of profit to this particular firm.POS system is helpful in decision making for various firm and is also cost-effective for various organization. POS system is very much helpful in bringing more amount of revenue to Four Seasons Greenhouse and Nursery. By implementation of POS system in this firm can bring huge amount of profit. POS system helps in completing the business activities ineffective and faster way (Edelman, Jaffe and Kominers 2016). Advantages of centralized system In centralized database, the core unit can be considered to be method for serving the whole organization (Siahpush et al. 2015). Various organization which is large and comes up with single business organization which requires analytics, application and proper kind of information which requires certain number of boundaries. It ultimately helps in improving the
5IT FOR BUSINESS overall communication process within the given organization (Vilches-Montero et al.2018). It aims to provide effective kind of leadership from C-suite which is as per the given requirement. Data Preservation:Preservation of data can be easily done with the help of centralized database (Edelman, Jaffe and Kominers 2016). It is mainly built for providing fault tolerance which helps in preservation of some of confidential data. Security of Data:Physical security is an important aspect which is required for providing security to data (Rahman and Ripon 2014). Centralized database is mainly required for any kind of restriction to physical access to any provided location. Cost-effective:Centralized database is considered to be cost-effective in nature and so it can be easily afforded by both small and medium size organization. POS system for decision making Point of Sale (POS) system helps various organization in proper decision making. In earlier days, the organization that is Four Seasons Greenhouse and Nursery used to place order in manual way (Rossi et al. 2017). So, implementation of POS in business can be beneficial as it can change the whole process. It would ultimately have led to efficient and much fast service to large number of people which is required for some critical decision in the given system (Vilches- Montero et al.2018). Different aspect like the thing to be bought and the thing to be sold can be easily tracked and sold by the help of POS system (Laudon and Laudon 2016). The gathered information due to this particular question helps in having much better management for various business in Four Seasons Greenhouse and Nursery.
6IT FOR BUSINESS Recommendation of Telecommunication for POS system Four Seasons Greenhouse and Nursery should go for WAN type connection as it can bring a large number of benefits to the organization (Wright and Ashida 2016). LAN stands for local area network is considered to beneficial for only small region. MAN can be work for much bigger in comparison to LAN (Siahpush et al. 2015). WAN is considered to be most suitable for some of bigger areas or zones like city or even a state. It is much bigger in size and claims to provide much greater network speed Wireless technologies are considered to be most suitable option for Four Seasons Greenhouse and Nursery as does not complexities like wire connection (Abel and Obeten 2015). Involvement of wire needs some extra expenditure for this organization so wireless technology will be suitable one(Cheng et al. 2018). Wireless technology aims to provide high-speed network service and the most suitable example for wireless connection is Wi-Fi. Risk in POS system There is mainly three kinds of security risk in POS system like: Confidentiality:All the working personnel of Four Seasons Greenhouse and Nursery should focus on preventing the organization from any kind of data breach (Smith 2014). It should allow any individual to carry out this kind of activities in the organization. Firewall is known to be one of most suitable way for preventing data breach (Ephraim and Samual 2016). Privacy:In many cases it is seen that malware attacks can be considered to be most risky one. This particular kind of attack are mainly there and can be stopped with the help of password mechanism (Eskandari, Clark and Hamou-Lhadj 2018). Various customers and associated
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7IT FOR BUSINESS Personal of Four Seasons Greenhouse and Nursery should implement unique id and login in the given system. Security:It is considered to be as one of the vital risks in the network. There is high chance of the fact that the POS system to be hacked and losing or theft of some vital data if the network is not protected properly (Saxena et al. 2015). This particular kind of risk can be tackled by the help of proper antivirus program as it will help in preventing the entry of various hackers in the system. Conclusion The above pages of the report helped us in concluding the fact that Four Seasons Greenhouse and Nursery makes use of manual register for keeping a track of various inventories. Currently, they are encountering a large number of problems in managing their business and so, as a result, they are encountering loss in their business. So, as a result, they have planned to implement POS system so that various problems can be easily tackled. Various pros and cons of POS (Point of Sale) System have been discussed in details. In the above pages of the report methods used by POS system for gaining competitive advantage has been discussed in details. Different advantages of centralized database have been discussed in the above pages. A list of recommendation for telecommunication network for POS has been discussed in brief. Various kind of risk in POS like security, privacy, and confidentiality has been addressed in the report.
8IT FOR BUSINESS References Abel, E.E. and Obeten, E., 2015. Restaurant Customer Self-Ordering System: A Solution to Reduce Customer/Guest Waiting Time at the Point of Sale.International Journal of Computer Applications,111(11). Cheng, K.W., Shang, C., Huang, J., Ngo, A. and Chaloupka, F.J., 2018. Association between Point-of-SaleAdvertisingBansandCigaretteSmoking.TobaccoRegulatoryScience,4(5), pp.20-29. Edelman, B., Jaffe, S. and Kominers, S.D., 2016. To groupon or not to groupon: The profitability of deep discounts.Marketing Letters,27(1), pp.39-53. Ephraim, B. and Samual, J., 2016. Advanced Cycloshift Encryption (ACE) for Point of Sale Barcode System.Imperial Journal of Interdisciplinary Research,2(10). Eskandari, S., Clark, J. and Hamou-Lhadj, A., 2018. Buy your coffee with bitcoin: Real-world deployment of a bitcoin point of sale terminal.arXiv preprint arXiv:1802.04236. Laudon, K.C. and Laudon, J.P., 2016.Management information system. Pearson Education India. Rahman, M. and Ripon, S., 2014. Elicitation and modeling non-functional requirements-a POS case study.arXiv preprint arXiv:1403.1936. Rossi, M.C., Nicolucci, A., Pellegrini, F., Bruttomesso, D., Bartolo, P.D., Marelli, G., Dal Pos, M., Galetta, M., Horwitz, D. and Vespasiani, G., 2009. Interactive diary for diabetes: a useful and easy-to-use new telemedicine system to support the decision-making process in type 1 diabetes.Diabetes technology & therapeutics,11(1), pp.19-24.
9IT FOR BUSINESS Saxena, N., Sloan, J.J., Godbole, M., Cai, J.Y.J., Georgescu, M., Harper, O.N. and Schwebel, D.C., 2015. Consumer Perceptions of Mobile and Traditional Point-of-Sale Credit/Debit Card Systems in the United States: A Survey.International Journal of Cyber Criminology,9(2), p.162. Siahpush, M., Shaikh, R.A., Cummings, K.M., Hyland, A., Dodd, M., Carlson, L., Kessler, A.S., Meza, J., Wan, N. and Wakefield, M., 2015. The association of point-of-sale cigarette marketing with cravings to smoke: results from a cross-sectional population-based study.Tobacco control, pp.tobaccocontrol-2015. Smith, D.C., 2014.Preventing point-of-sale system intrusions(Doctoral dissertation, Monterey, California: Naval Postgraduate School). Vilches-Montero, S., Hashim, N.M.H.N., Pandit, A. and Bravo-Olavarria, R., 2018. Using the senses to evaluate aesthetic products at the point of sale: The moderating role of consumers’ goals.Journal of Retailing and Consumer Services,40, pp.82-90. Wright, V.M.N.V.T. and Ashida, V.K., 2007. Fujitsu’s palmsecure-based e-pos system for school cafeteria.FUJITSU Sci. Tech. J,43(2), pp.236-244.