| Point of Sale (POS) Applications are meant for the | | | | measures by means of Password protection and |
| Retailer level, in the same way as it is for the | | | | Role-based Access methodologies to ensure |
| distributor level and Manufacturer level in the Retail | | | | privatization and data protection from potential hackers |
| Chain Curve in the Retail Industry. Cheap, sleek and | | | | and malicious users. |
| user-friendly POS Applications are being implemented | | | | Like any other type of software packages, POS |
| in all the major corporate retail houses in India heralding | | | | necessarily comprises of a wide variety of |
| a new age of automation and computerization. But the | | | | Transaction Reports like Purchase and Sale Reports |
| wide gap between Limitations from the Vendor end | | | | (Summary and Register, day based, month based or |
| and Expectations from the Customer end often | | | | selected period based). Other than these, smarter |
| hampers the assured ROI (Return on Investment) while | | | | options may include Customer wise Purchase Trend |
| installing a POS Application. | | | | Analysis, Item wise Consumption Analysis in order to |
| A POS should incorporate a user-friendly interface for | | | | assist the user with an intelligent decesion support |
| inserting, updating and deleting of Master Data (those | | | | system. |
| records which generally stay resident in the | | | | While developing a high transaction POS, it is always |
| background and referenced from the end user end | | | | advisable to provide a suitable and automated backup |
| while making transactions). All the Transaction | | | | architecture to help to recover from any accidental |
| interfaces like Purchase and Sale Invoices, Purchase | | | | loss of data due to system or humane error. A |
| and Sale Returns should be designed carefully keeping | | | | successful POS implementation thus requires a clear |
| in mind that the end users will be using them. Smart | | | | understanding of client's specific needs and choices |
| features like Barcode Scanning options can also be | | | | other than the textual knowledge of the jargon called |
| added for better and more accurate data entry. The | | | | Point of Sale. |
| system needs to incorporate appropriate security | | | | |