Quinn T., Author at ConnectPOS

One of the most constantly evolving industries is the food and beverage industry. Based on consumer trends, seasonal demands, tough competition and constant innovation, it has become very challenging to manage food inventory and its resource planning. What Is Food Inventory Management? Food inventory management is a system of tracking: What inventory comes into your…

Inventory management is essential to maintain good growth and revenue in your business. Inventory turnover ratio is an important metric in a profit and loss forecast, either for wholesale or retail businesses.  What Is Inventory Turnover Ratio? Inventory is the account of all the finished products a company holds in its stock which will be…

When you own a business, your top priority is to please your customers and make sales. With evolving technology and digital payments, most things have become cashless and contactless. Online payment security plays a major role in running a business successfully. That’s why PCI compliance is used to ensure the safety of online payment methods….

To operate a successful retail business in an expansive and competitive industry, business owners need incredible management and organization with the help of intuitive technology. To compete in this fast-changing and high demand market, retailers are turning to automation to support and increase their profits. What Is Retail Automation? Retail automation can be a number…

As the world is spinning so fast with technology and advancements, people are accustomed invariably. With the lightning speed of the Internet, marketing has changed unconditionally, which is more inclined towards Experiential Retail. It’s more like a qualitative world where experience matters the most.  What Is Experiential Retail? Experiential retail is a type of retail…

Everyone dreams of having their own retail store, and this dream can easily turn to reality with the right planning. Though the pandemic crisis has hit hard on all the fields in the world, the economy has to move on by taking certain initiatives and remodelling. There’s a lot more to know about running a…

Speed, agility and efficiency are what retailers looking for. Thanks to Bluetooth technology, advanced tools are evolving day by day to support retail businesses. Bluetooth doesn’t simply reduce your expenses and improve your planning, more than that, they provide you with a competitive edge to thrive and grow in the market. What is Bluetooth Technology?…

Inventory management has been evolving dramatically from single to multiple sources. Multi-Source Inventory (MSI) is an extraordinary feature of the Magento 2.3 version.  Multi-Source Inventory is designed to assist store merchants to control and manage their single or multiple warehouses and sale channels from the Magento 2 admin panel. Hereby, retailers can accurately reflect their…

Effective inventory management is vital for growing a company, it can make or break your business. If you want to remain profitable and competitive in your business, then you need to know cost-saving and profit-boosting inventory management techniques. Poor management might lead you to revenue losses and potentially lose customers. Inventory management is an act…

Home-based jobs have become extremely popular even before the spread of COVID-19. Nevertheless, social distancing is accelerating this trend: There is an 87% increase in the number of remote workers prior to the pandemic. Working from home is the new normal and people are adapting to it quickly.  If you are an achiever and see…