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Point of Sale | ConnectPOS

Everything You Need To Know About Order Fulfillment

As a retailer, your main purpose is to grow your company, which can be accomplished by accurate, and on-time delivery of the products. Keeping this in mind, businesses should always strive for the best order fulfillment strategies. What Is Order Fulfillment? Order fulfillment is a process of receiving goods, handling them and delivering orders to…

inventory turnover ratio

What Is Inventory Turnover Ratio?

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…

steps to manage inventory

8 Fundamental Steps To Manage Your Inventory

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…

Restaurant POS vs. Retail POS: Key Differences Between 2 Systems

Restaurant POS vs. Retail POS: Key Differences Between 2 Systems

A POS system is familiar with almost all business leaders and their employees thanks to its substantial benefits in cost-effective management and operations. However, it’s not always that clear to distinguish between a POS system specifically designed for retail businesses and the one for restaurants. So, in today’s article, we’ll present you with the restaurant…

What Is Inventory Shrinkage And How To Prevent It?

What Is Inventory Shrinkage And How To Prevent It?

Managing a business has never been an easy job. It comprises so many processes and activities that frauds and errors can happen at any time in any operation. One of the most challenging problems yet hard to deal with is inventory shrinkage. So what exactly is inventory shrinkage? And how to tackle this problem? In…

How Commercetools Point of Sale Supports Retailers

How Commercetools Point of Sale Supports Retailers?

commercetools is a leader in next-generation commerce platforms for businesses of medium and large sizes. As a headless commerce platform, it enables retailers to create seamless shopping experiences across all digital touchpoints. Having your commercetools store integrated with a POS (Point of Sale) system can benefit your business in many ways. In this blog, we…

Top POS Systems For Retail Businesses: The Best Picks Of All Time

Top POS Systems For Retail Businesses: The Best Picks Of All Time

For such a long time, retail owners and operators have been longing for an active support source, a solution to their retail business operations. One of the game changers in the retail industry is POS systems. With such powerful systems, merchants can ensure a seamless workflow and profitable business.  However, the fact that each industry…

Best POS Hardware 101: Embracing Your Business Success

Best POS Hardware 101: Embracing Your Business Success

A POS system needs both software and hardware in order to manage business activities effectively. However, while many merchants are familiar with terms like ‘inventory management’, ‘cash float management’, ‘reporting system’ which all refer to POS software, POS hardware is somehow neglected. As it deserves more than what it’s getting right now, in today’s issue,…

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