Procurement and Food Cost Control

Running Head: PROCUREMENT AND FOOD COST CONTROL
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Procurement and food cost control
Students name
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PROCUREMENT AND FOOD COST CONTROL
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Procurement and food cost control
Introduction
POS system is a point of sale where consumers pay for the goods they have already
picked. Once customers have done their shopping, they pass through the cashiers for payments of
collected products. A complete POS system constitutes a computer, credit cards, receipt printer,
barcode scanner, the drawer for keeping cash and POS software. In-depth analysis, the
discussion below explains the importance of a POS system in businesses for easy supervision,
management of workers and also for future decision-making purposes (Scotto, Battle, Evnin,
Danielson, & Adams, 2015).
Benefits of using a POS system
One of the benefits of POS system is the sales reports. The system keeps on updating the
owner about the overview of the business. It gives the record of the industry, its financial, sale
and inventory status of the market. The system helps in keeping private and confidential
information about the business, and such information is used for future decision-making
purposes (Sendelbach et al, 2017).
The system helps in identifying the most and least profitable goods and services in the
business. Such identifications would help in knowing the fast-moving commodities and therefore
rely much on them at the expense of buying the slow-moving products. The system will also
assist in adapting with the customer's behavior of buying (Scotto, Battle, Evnin, Danielson, &
Adams, 2015).