Retail stores function on fairly tight margins and involve constant movement necessitating tracking of merchandise at various points of time. Management becomes extremely difficult and labour intensive, when manual methods are in use. A point-of-sale system has therefore, become indispensable than simply being a tool of convenience, especially for large retail stores offering a deep assortment in a wide range of products. While offering the ease of managing moving parts, POS systems simultaneously ensure customer satisfaction. However, the critical question that most retailers find themselves asking is what would be the right POS system, best-suited to their purpose. This is still an area of confusion for many and gathering information from several merchants and retailers, it was found that almost 64% of single-store retailers are still functioning without a POS system in their stores.
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