Stock outs are always a bummer and a pain to deal with. When a customer requests an item and gets told it is out of stock. It leads to customers dissatisfaction as well as a loss of confidence in the business. This is because there is no proper monitoring and tracking of inventory.
No one wants to be suspicious of their own employee. However, it is not uncommon for situations like internal theft to occur. One solution many retailers are turning to is a modern POS system.
Point of sale simply refers to the interaction or transaction between a cashier and a customer. Today there are many different POS systems, each with their own unique benefits and drawbacks.
If you’re a minimart owner, you’ll realise the current industry isn’t as kind as it was decades ago. Large companies like Fairprice, Sheng Siong & Cold Storage are seeping into the heartland area which was once considered minimart territory. With these big players everywhere, minimarts are facing very stiff competition.
If you’re an F&B owner, having a Restaurant Management System (RMS) should be at the top of your priority list. Almost all modern day restaurants or cafes heavily utilise a Restaurant Management System to manage their business.
With the rising trend of food delivery apps, Quick Service Restaurants (QSR) are emerging all over Singapore. Customers have grown used to receiving fast and efficient service. As such, in order to maintain a steady flow of customers, the food industry needs to adapt to the current pace of business as well.
Without a doubt one discipline that all retail owners have to master is inventory management. Proper inventory management will prevent “out of stock” situations, help you to identify performing products and even deter or prevent theft of stock. A huge part of an excellent inventory management system is your inventory report.
With the coronavirus infection rate increasing rapidly, many countries have felt the effects of the pandemic. Singapore as a whole has managed to keep a tight control over the situation. But it is far from over, we all have a part to play in order to keep the virus from spreading. As such, here are few tips to follow to ensure we stay safe and healthy.
A well trained cashier can heavily change the customer experience. Having a great cashier shows off how a company does business and is a representation of a company’s image. As such investing your time in honing your cashier helps ensure your business runs smoothly.
Innovations have continually improved existing technology and constantly changed the way we do business. For retailers and restaurants in Singapore, many are shifting to a Cloud based Point of Sales (POS) system because of the benefits it offers.
