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What is Point of Sale (POS)

Handbook of Research on Strategic Supply Chain Management in the Retail Industry
A point-of-sale (POS) terminal is a computerized replacement for a cash register. The POS system can include the ability to record and track customer orders, process credit and debit cards, connect to other systems in a network, and manage inventory.
Published in Chapter:
Omni-Channel Retailing: Enriching Customers' Shopping Experience
Saikiran Pollamarasetty (JDA Software, India) and Ravi Potti (JDA, India)
DOI: 10.4018/978-1-4666-9894-9.ch013
Abstract
Omni-channel can be defined as a synchronized operating model in which all of the retailer's channels are aligned and present a single face to the customer, along with one consistent way of doing business. In this model, companies replace the many views of the customer they often hold today with one unified view of the customer—enabling them to respond in a consistent way to the customer's constantly evolving needs. This paper concentrates on various challenges faced by retailers in implementing the omni-channel and strategies implemented by them to achieve highest customer satisfaction. Also this chapter talks about future outlook for the Omni-channel retailing in terms of challenges and opportunities for the players in this industry. As part of our research, this chapter covers some of the well known companies' strategies from their annual reports, earnings call and other company presentations. Other articles from top supply chain magazines/websites have also been referred for the study. A mix of both qualitative and quantitative methods have been used for analysis.
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Customer Experience Impacting Retail Management: Study of Customer Centricity Strategy by Retailers
POS refers to materials, brochures, signs at point of sale, or can refer to point of sale or cash register.
Full Text Chapter Download: US $37.50 Add to Cart
Omni-Channel Retailing: Enriching Customers' Shopping Experience
POS refers to materials, brochures, signs at point of sale, or can refer to point of sale or cash register.
Full Text Chapter Download: US $37.50 Add to Cart
The Path to FinTech Development Research on Islamic Finance in Turkey
It is a physical machine or a virtual (via a mobile device) application that sellers use to acquire payment credential information for buying or selling goods or services. POS devices which captures the payment transactions could be different tools such as cash registers, optical and bar code scanners, magnetic card readers, computers or any combination of these instruments. Also, POS is the district where a retail transaction takes place. A POS terminal means more generally to the hardware and software used at checkout stations.
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End to End Supply Chain Planning for a Fashion Retailer in India
A point-of-sale (POS) terminal is a computerized replacement for a cash register. The POS system can include the ability to record and track customer orders, process credit and debit cards, connect to other systems in a network, and manage inventory.
Full Text Chapter Download: US $37.50 Add to Cart
Customer Service: A Key Differentiator in Retailing
POS refers to materials, brochures, signs at point of sale, or can refer to point of sale or cash register.
Full Text Chapter Download: US $37.50 Add to Cart
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