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About EPOS and How It Can Help Your Company by Mathew Poulson
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About EPOS and How It Can Help Your Company |
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Electronics
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About EPOS and How It Can Help Your Company What EPOS can do? Probably this is the first question that comes to the mind of any business man often accompanied by another question, what it actually is. Normally an EPOS terminal is a personal computer with some inexpensive modifications and some extra hardware add-ons which are capable of working in unison with the back office computers and are capable of handling payment, updating inventories and providing instant information. The next thing is that what EPOS can do to improve a business. The internal benefits that an Electronic Point Of Sale can bring to your business is that with the help of it the more profitable areas can be identified and focussed upon. If the EFT or the Electronic Funds Transfer facility can be added with it, the time spent for per transaction can be reduced to a profitable extent and that is something no business owner will not be willing to do. Benefits regarding the supply chain There are a number of supply chain benefits that an EPOS can provide to your business. If stock control system can be integrated to the EPOS all the stock related information can be obtained in real time and can also be stream lined to the supply chain and the business can be strategized accordingly. The suppliers’ websites or banking systems can also be connected with a stock enabled EPOS and individual purchasing and account managing will also be possible which will give your suppliers the power to track their sales and get all information about purchasing data of some particular product. An EPOS system can also analyze the performance of different suppliers and also the time they normally take to deliver and depending upon this available data, some improvement in these sectors is never out of question. Source marking is another important factor in supply chain process and what EPOS can do is to perform this job with unmatched efficiency.
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