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A POS System is the backbone of the whole backend operation of the business within one system. It is a vital component that integrates multiple departments into a single system that helps in speeding up the whole process.
TRADITIONAL POS TRENDS
The use of a traditional point-of-sale system was to capture billing, inventory, and payment details. They were
If we talk about the business world, then 2020 has been the year of innovations and digitalization. Many changes were witnessed throughout the year because of the ongoing pandemic. Retailers, distributors, manufacturers, everyone started looking for innovative solutions that can enable them to work remotely, with safety and security. And POS systems are one
Mobile apps have influenced the lifestyle of almost every person on this planet. Not only that, but mobile applications are playing a vital role in business transformation also. Over the last couple of years, various segments have come forward to digital transformation and take the business online. Out of which, the grocery business experienced astonishing
2020 is about to end. We witnessed a lot of changes in the retail, distribution, and manufacturing sector, especially after the COVID-19 hit hard on the global scale. It was enough to change the grocery store experience for both, shopper and grocer. Many shoppers who used to go grocery shopping every few days suddenly started panicking from going outside at
For running a retail business, there are various aspects that one needs to vary - market trends, keeping inventory up-to-date, customer retention & engagement, employee or staff management, accounts & finance, etc... There are a variety of challenges that retail business owners have to battle to keep the business going. On top of it, the intense
When the COVID-19 pandemic started, the sector which was greatly impacted by it was the SMEs. To be more specific, the retail sector got hit the worst. Inefficiencies, visibility, profitability, and liquidity issues surfaced for SMEs when a sudden lockdown was announced country-wide. It took a while, but everyone began to realize that the answer to
One thing that everyone might have learned from this pandemic crisis, it’s the importance of digitalization to keep the business working and stay competitive. If we look at the situation before the pandemic, most of the businesses were working on on-premises ERP models, which were good when working at the location itself. But now, things have changed
Since the COVID-19 outbreak started, the retail sector witnessed some drastic changes. If we look at the stats, then, according to Mitsui & Co. Global Strategic Studies, there are around 13 million small and medium Kirana stores. During the 1st wave of coronavirus, the government enforced some strict regulations, which became a challenge for retailers
The pandemic, growing competition, rise in consumer demands, and the complexities in manufacturing processes has made the pharma business to look for that differentiate it from other industries. Not to mention that centralized management, cloud data-backed analytics, streamlined workflow, and better decision making have become important ingredients for
One thing that COVID-19 taught to retailers is that the use of modern ERP solutions that offer omnichannel, cloud-native, multi-billing, and microservices is inevitable if they want to address rapid change in shopper’s demand in the future.
We can’t deny the fact that it was necessary to impose a nationwide lockdown to protect people from getting