Electronic Point Of Sale System ( EPOS )

EPOS or PoS is an abbreviation for electronic point of sale system (or point-of-sale, or point of service system).

Self-contained, computerized equipment that performs all tasks of a store checkout counter. It verifies transactions, provides sales reports, coordinates inventory data, and performs several other services normally provided by employees.

Till Retail System uses computers or specialised terminals that can be combined with other hardware, such as barcode readers, cash draws etc for accurately and instantly capturing the sale / transaction.

This can be a little misleading as most POS (point of sale or purchase) solutions are electronic in this day and age. The difference between the two is typically the recording and updating of stock within the business. For example a POS system could be a standalone electronic till. This records the point of purchase, but does not automatically update the stock level for that product; this is done in a manual process. With an EPOS solution, the stock data is automatically updated, saving great time and increasing efficiency.

A system whereby electronic tills are used to process customer transactions in a retail outlet. Local Till Retail System are usually connected to a central computer system, so that financial and inventory-related data can be exchanged between the store and head office, allowing automatic accounting and replenishment.

In a Till Retail System, sales and payment information are saved electronically, including the Sold product, amount of the sale, the date and place of the transaction.

Till Retail System can mean a retail shop, a checkout counter in a shop, or a location where a transaction occurs in this type of environment.

Till Retail System can be efficiently deployed in Retail Store, Grocery Store, Confectionery Store, Convenience Store, Departmental Store, Super Markets, CostCutter Store, Pound Shop, Pharmacy Store, Medical Store, Take Aways, Fast Food, Restaurants, Hospitality Hotels, Cosmetics & Jewellery Store, Shoe Shop, Clothing Store, Garments Shop, Fashion Store, Salon & Spa Shops, Beauty Parlours, Hair Dressers, Laundries & Dry Cleaners, Cash & Carry, Whole Seller, Importers, Distributors. In short, if something can be sold, it can be sold efficiently using our Point of Sale System.

Is an Till Retail System for my business?

Till Retail System are typically used by businesses that have regular sales, e.g.
Retail Store, Grocery Store, Confectionery Store, Convenience Store, Departmental Store, Super Markets, CostCutter Store, Pound Shop, Pharmacy Store, Medical Store, Take Aways, Fast Food, Restaurants, Hospitality Hotels, Cosmetics & Jewellery Store, Shoe Shop, Clothing Store, Garments Shop, Fashion Store, Salon & Spa Shops, Beauty Parlours, Hair Dressers, Laundries & Dry Cleaners, Cash & Carry, Whole Seller, Importers, Distributors as well as all types of retail environments etc. Any business that maintains stock or provides sellable services, can benefit from an Till Retail System. Such solutions offer fast and accurate product information, help increase efficiency throughout the business, provide increased levels of customer satisfaction and therefore become very valuable to any business that has sales. Such benefits are useful whatever your business size.

Stock control System and inventory control System

Process of maintaining inventory data on the quantity, location, and condition of supplies and equipment due-in, on-hand, and due-out, to determine quantities of material and equipment available and/or required for issue and to facilitate distribution and management of material

Stock control, otherwise known as inventory control, is used to show how much stock you have at any one time, and how you keep track of it.

It applies to every item you use to produce a product or service, from raw materials to finished goods. It covers stock at every stage of the production process, from purchase and delivery to using and re-ordering the stock.

Efficient stock control allows you to have the right amount of stock in the right place at the right time. It ensures that capital is not tied up unnecessarily, and protects production if problems arise with the supply chain.

A computerised Stock control System and inventory control System features include:

• Stock and pricing data integrating with back office system. All the systems draw on the same set of data, so you only have to input the data once. Sales Order Processing and Purchase Order Processing can be integrated in the system so that stock balances and statistics are automatically updated as orders are processed.
• Automatic stock monitoring, triggering orders when the re-order level is reached.
• Identifying the cheapest and fastest suppliers.
• Bar coding systems which speed up processing and recording. The software will print and read bar codes from your computer.