Role of POS in decision making process
POS is known as the method through which it can be simple to manage the overall operations between the employees and customers. This paper emphasizes on the disadvantages and advantages in relation to POS as it is the important part to manage the entire activities of the organization. This can also help the company to take accurate decisions which can help the business to achieve growth in the market. POS also helps to achieve targets so that it can be simple for the company to maintain its goodwill in the market.
The POS technique focuses on various advantages and disadvantages. The benefits are linked with managing the entire information of Four Seasons Greenhouse and Nursery. The less space is used to manage the entire information which can affect the overall operations and also POS provides the company to store and maintain the data in a proper manner.
In Four Seasons Greenhouse and Nursery, there are important transactions which are taken into consideration by POS and it assist in controlling the overall sales of the products that are sold. By focusing on the method related to POS it can be analyzed that data can be gathered easily. The Four Seasons Greenhouse and Nursery, also has the opportunity to enhance the overall inventory which emphasizes on controlling the sale history of the products (Eason, 2014).
In controlling the overall inventory it has been seen that there are various decisions which are necessary to be taken as it assist in minimizing the issues and problems. If units are taken into consideration then it is evaluated that it is necessary to consider the learner inventory so that operations can take place easily (Ingram et al., 2015).
In Four Seasons Greenhouse and Nursery, reporting is also taken into consideration at the time of gathering right data which is related with the cost and through this the company can also manage its entire profitability. In this method, it has been examined that there are many aspects that help to maintain the transparency in the overall transactions. The method also helps the organization in controlling the transparency of the information when it is gathered (Cavelty & Mauer, 2016).
To focus on the system related to up gradation it is necessary to complete it on the routine basis as it helps in enhancing the overall input. Risks are also many which take place. In Four Seasons Greenhouse and Nursery, the risk can take place because in the present scenario, it has been seen that hacking can be done easily so it can affect the small units. Also due to hacking the information can be gathered by the third party that can be dangerous for the firm (Farias, 2015).
Activities are controlled by collecting data
By focusing on the POS method, it is seen that there are advantages that can assist the Four Seasons Greenhouse and Nursery to control the entire competitive advantage prevailing in the market. Through this method it can be simple to collect information that can help to make accurate decisions for the company. Accurate decisions can also help to attain the overall competitive advantage. It is examined that Point of sale not only manages the entire data of Four Seasons Greenhouse and Nursery but also emphasize on managing the products which are provided in the competitive advantage. By focusing on the method, it can be easy for the company to maximize profits so that market share can be enhanced (Boddy, McCalman, & Buchanan, 2018).
By taking into consideration the centralized database, it can be stated that there are many benefits. There are benefits related to it like it is considered as an easy way which can emphasize on controlling the change that occur and also it assist to increase the information of the organization. Also the benefit is related to data integration in which high integration of the data can be analyzed that has a link with the low information redundancy. The information is also gathered that can assist the method and also it maintains the high security that can control the problems which take place on the daily basis (Cannataci et al., 2016).
The time frame is also known as the essential factor that impact the information of the organization. It is evaluated that it assists the organization in controlling the information of the company. The database of the management is taken as it can help the company to manage the process.
The POS system can help in making right decisions and also it helps in maintaining the entire database management. The competitive advantage van be easily managed of data driven decisions are taken. It is important to focus on maintaining this as it can assist the company to attain the entire targets.
At the time of selling the products in the market it is examined that the information is linked with POS and it is necessary to earn the revenue margins through which the company can grab the large market share. It is seen that emphasis is also given on the decision making process that should be controlled so that discounts can be taken.
It is necessary to emphasize on evaluating the data so that accurate decisions can take place. If proper decisions are taken than it can be simple for the company to attain their targets. It is necessary to analyze the weakness which is taking place at the time of controlling the entire sales and offering discounts. The entire data is also traced if emphasis is given on the entire process of POS (De Velasco Cortina and Rietzler, Neology, 2017).
Risk type in POS System
Manual method can help to manage the information and also it focuses on managing the entire time in a proper manner. It emphasizes on offering the exact data related to the orders that are taken into consideration by the consumers (Medineckiene et al., 2015).
This method consumer more time and if consumption of time takes place then it cannot be beneficial in the recent era. Through Manual methods it has been seen that incorrect data is gathered which is not right and it impact the company decision making process. To manage the information it is important to control the human efforts and also it can help in time management.
The questions also relates to marketing and sales if POS system is taken into consideration. This helps in managing the queries of the customers and also the image can be maintained of the customers.
POS system helps to collect the accurate information. The information also helps in making right decisions which takes into consideration the area of Discrepancies. POS system can also help in managing the change.
In four season greenhouse the telecommunication area also takes place. In this the requirement of the company is taken into consideration and also there are various choices that are connected with the specified network.
By taking telecommunication it is seen that there are many types of network. LAN is considered as the right choice. The main focus is on the size of the company which can be small or large. For small companies the LAN will be limited.
By taking into consider the case study it is examined that wire technology can focus on the benefits for the small units which can be also Four Seasons Greenhouse and Nursery. By taking into consideration the wire community, it can be analyzed that if there is better connection then hacking can take place in less time.
By taking into consideration the POS system it has been examined that there are many risks like privacy, confidentiality and security in context to Four Seasons Greenhouse and Nursery.
POS system helps in controlling and managing the information which is large. It is important for the company to consider security of information so that stakeholder security can take place. With the help of this it can be easy to reduce the hacking and by reducing the hacking of the information the company can easily enhance the profits.
By taking into consideration the customers the data can be managed which can impact the goodwill of the organization in the competitive market. without privacy it is not possible to manage the activities so privacy of the information should be maintained (Acquisti, Taylor & Wagman, 2016).
If POS system is taken into consideration and then the data is leaked then the operations of the company can be adversely affected. In the present era, the information is leaked of the debit and credit cards for the large units and also in context to small units. So, in this case it is important to focus on maintaining confidentiality of the data by taking into consideration the security related to firewall so that it can be easy to maintain the overall market growth in the high level of competition.
Conclusion
By analyzing the entire report, it has been seen that there are various benefits and also negative aspects which are connected with the POS system. It can be stated that it is important to maintain the information so that company can attain success in the competitive market. Centralization is also considered as an important factor which can be taken into consideration as it helps to consider the accurate decisions which are beneficial for the company. It has been recommended that there should be proper connectivity with the wired community which also helps to maintain the entire privacy and also security in relation with POS system.
References
Acquisti, A., Taylor, C. and Wagman, L., 2016. The economics of privacy. Journal of Economic Literature, 54(2), pp.442-92.
Boddy, D., McCalman, J. and Buchanan, D.A., 2018. The New Management Challenge: Information Systems for Improved Performance. Routledge.
Cannataci, J.A., Zhao, B., Torres Vives, G., Monteleone, S., Bonnici, J.M. and Moyakine, E., 2016. Privacy, free expression and transparency: redefining their new boundaries in the digital age. UNESCO Publishing.
Cavelty, M.D. and Mauer, V., 2016. Power and security in the information age: Investigating the role of the state in cyberspace. Routledge.
De Velasco Cortina, F.M. and Rietzler, M., Neology Inc, 2017. System and method for providing secure identification solutions. U.S. Patent 9,558,385.
Eason, K.D., 2014. Information technology and organisational change. CRC Press.
Farias, A.S.P., 2015. System for accessing a POS terminal, method for downloading and updating applications and method for performing electronic operation using such a system. U.S. Patent 9,131,012.
Ingram, T.N., LaForge, R.W., Williams, M.R. and Schwepker Jr, C.H., 2015. Sales management: Analysis and decision making. Routledge.
Medineckiene, M., Zavadskas, E.K., Björk, F. and Turskis, Z., 2015. Multi-criteria decision-making system for sustainable building assessment/certification. Archives of Civil and Mechanical Engineering, 15(1), pp.11-18.
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