Advantages and Disadvantages of POS
1.What are the advantages and disadvantages of the new POS system?
2.How will this POS system help the business gain competitive advantages?
3.What are the advantages of having a centralised database?
4.How could this POS system facilitate decision making? Address the following points.
It has been examined that technology helps in performing and managing task or functions within an organization. Technology helps to complete the task with efficiency. Large organizations sum up the business actions to manage the internal business successfully by considering the information system. It has been analyzed that in a small as well large business information system is required (Eason, 2014).
In this paper, the discussion will be made about information system acceptance in a four seasons Greenhouse and Nursery. The nursery was in a bad situation and information is required to be tracked. It has been analyzed that nursery requires information system so that the activities can be conducted in a smooth manner. If the data of the company is misplaced then it can give adverse impact on the overall activities of the organization. Therefore, the paper emphasizes the need of information system in four seasons.
The merits of POS are mentioned below:
It has been observed that the human errors or manual errors can be reduced if there is a proper link with the registers maintenance of the organization. So, in this scenario there is fewer errors and money is also saved (Libby, 2017).
Another merit in relation to the new point of sale system is that it is easy to organize and manage the inventory. Real-time tracking of inventory and probability of error can be reduced with the assistance of point of sale.
- It is important to manage the queries of the consumers. This process is also considered as a fast process.
- Problems such as duplication of data and error in making the records manually can be reduced with the help of point of sale. So the appropriate record of data can be kept by a new point of view system.
- POS Focuses on managing the cash records in a proper manner. The activities are managed which will help the company to focus on accurate decisions.
- Transparency in the organization actions can be achieved by this system. Estimation of the gaps which exist in the current system can be done with the help of new point of sale.
- Workers and labor schedule can be managed with the new point of sale and it helps the worker of an organization to make their goals and achieve it (Hall, 2012).
These were the features of the POS that gives a positive effect by focusing on Point of sale system in an organization. These were the positive effects as well as negative effects that are considered in the later section. Negative effects should be reduced by the organization so that activities can be performed effectively (Osman and Knottenbelt, 2012).
Disadvantages of POS:
For investigation in the migration of a new system time and money is needed. This process can also help to reduce the errors in the present issue.
To maintain the actions with respect to the new point of sale periodically installation is needed. With the usage of new point of sale system, this is one of the major problems.
Competitive advantage
Cost of implementing the POS is high in the present nursery scenario. If the overall profit of the company is enhanced then it can help to focus on maintaining the registers manually. If the registers are maintained properly than activities can be completed in a right direction.
Many issues related to security are there and these issues are related to of the web which is necessary for maintaining the usual activities of the point of sale system. It is important to control or manage the operations so that it can be easy to easily implement the accurate information (Safa, Von Solms, and Furnell, 2016).
These were the points focusing on the adverse effect of point of sale on a particular business. It is important to minimize these effects so that activities can be conducted in a right direction and also in an effective manner.
It has been analyzed that competition in the market is increasing gradually and the company can attain a competitive advantage by considering of POS.
There are various methods of achieving competitive advantage
- It has been examined that by considering a variety of tasks in relation to the retail market competitive advantage can be attained by POS system. This can be made feasible as the system aids in the maintenance of the records by which records of company’s sale, purchase and waste can be managed (Pantano, 2015).
- Accurate decisions can be made with the help of POS.
- If the emphasis is given to managing the schedule of the workers will help to increase the productivity of the workers (Mangold, Aiello and Gorlatova, 2017).
At the time of implementation of the centralized database, it has been seen that it is a simple process and it is one of the cost-effective technique.
- It also focuses on the disaster recovery plan in safeguarding the data. The centralized database is considered as a simple process.
- Data integrity is controlled in the centralized database system as it has been evaluated that to store the information can be considered in this system. The normal activities can also be maintained in a proper manner by having proper control on the operations.
- These points help to analyze the benefits by focusing on the centralized database. It can be seen that these points will help to focus on the importance of having a centralized database. The overall choice of four seasons by taking into consideration the centralized database is important.
The benefit of new POS is related to considering the proper decision making. It can be evaluated in many significant ways. The POS assist in controlling the activities in a right direction. By focusing on this concept it can be simple to increase the sales and also to keep proper track of information. The errors of human are concerned with the factor of maintaining the track in a manual manner (Oppenheimer and Kelso, 2015). The information also assists in a proper decision-making process. It has been analyzed that that to record the information on a manual basis can be a difficult task. The POS system emphasizes on considering the answers to all the questions which are concerned with the sale and purchase of the proper inventory. All the data gathered to assist in managing the activities and also proper decisions are considered. By focusing on this process the right decisions can be made in a proper manner.
Telecommunication option
Accurate integration of the system with the local area connection is concerned with the point of sale. WAN is also necessary in the case of four seasons in a nursery. LAN can be taken into consideration as a major part that should be implemented in the four seasons.
Advantages of Centralized Database
For maintaining the connection of LAN the recommendations that will be made are related to the wireless communication technology. By this, it can be simple to focus on the information and also in the implementation of the low cost if a comparison is made with the wired technology. Therefore, it has been seen that the problems of the security concerned with the use of wireless technology is necessary to be taken into consideration. These technologies can help to conduct the activities in a smooth manner (White, 2015).
Risks
POS system can be related to the risks that can result in the context of the threat of information and also can create a loss to the information. The security, privacy, and confidentiality of the data are concerned with the overall storage and also evaluation of the data with the POS that is considered by the data which is encrypted and it enforces the overall control over the system. The risk is also necessary to evaluate the adoption of POS. It has been seen that there are many tools of authentication that limit the usage of the data to the members who are authorized (Rachels, 2017).
Conclusion
By focusing on the report, it has been seen that the report emphasizes the use and advantages of POS in four seasons. The use of the data is essential for all the companies so that the activities can be controlled and the best choice of point of sale for four seasons can be considered. The report emphasizes the overall benefit of having a centralized database and also the overall process through which the company can attain the competitive advantage in a proper manner. So, it can be recommended that it is essential to have effective control and also access of the information so that the risks can be minimized which is concerned with the data security and also with the connectivity of the usage of POS system.
References
Eason, K.D., 2014. Information technology and organisational change. CRC Press.
Hall, J.A., 2012. Accounting information systems. Cengage Learning.
Libby, R., 2017. Accounting and human information processing. In The Routledge Companion to Behavioural Accounting Research (pp. 42-54). Routledge.
Mangold, S., Aiello, R. and Gorlatova, M., Disney Enterprises Inc, 2017. System and method for managing location services in wireless networks. U.S. Patent 9,538,320.
Oppenheimer, D.M. and Kelso, E., 2015. Information processing as a paradigm for decision making. Annual review of psychology, 66, pp.277-294.
Osman, R. and Knottenbelt, W.J., 2012. Database system performance evaluation models: A survey. Performance Evaluation, 69(10), pp.471-493.
Pantano, E. ed., 2015. Successful technological integration for competitive advantage in retail settings. IGI Global.
Porter, M.E. and Heppelmann, J.E., 2015. How smart, connected products are transforming companies. Harvard Business Review, 93(10), pp.96-114.
Rachels, J., 2017. Why privacy is important. In Privacy (pp. 11-21). Routledge.
Rainer, R.K., Cegielski, C.G., Splettstoesser-Hogeterp, I. and Sanchez-Rodriguez, C., 2013. Introduction to information systems. John Wiley & Sons.
Safa, N.S., Von Solms, R. and Furnell, S., 2016. Information security policy compliance model in organizations. Computers & Security, 56, pp.70-82.
White, S.N., At&T Mobility Ii Llc, 2015. Devices, systems and methods for wireless point-of-sale. U.S. Patent 8,955,747
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