IT SYSTEM FOR NEWLY OPENED CLOTHES STORE (AUSTRALIA)
IT systems should be used by a newly opened cloth store in Australia as it would help in order to increase the efficiency as well as the productivity of the same. The IT systems would help the overall store to have a well structured structure.
The three main IT systems which should be used by newly opened cloth store in Australia would be as under:
Þ POS System
Þ Security Technology
Þ Inventory Management
POS System:
The POS System refers to the software programs which would be mainly attached with the cash registers & help in order to speed up the process of the transaction. This also helps in the reduction of the errors which have been created by human beings. The POS System in the newly opened clothes store would help in order to punch the amount or the price tag attached to it (POS nation, 2010). The Radio Frequency ID i.e. RFID would help in order to add the running as well as to calculate the tax upon each transaction. This software would also help in order to update the levels of inventory as well as draft a database regarding the amount of sales which has been made. The POS system at the newly opened store would help in order to make the entire business smooth & enhance the experience of the customers as well (POS nation, 2010).
The POS system installed at the clothes store has been designed in order to keep a track of the customers, generate monthly or daily reports upon the revenues generated, etc. This system would help in order to check the amount of cash & the account numbers at the time of sales. In the retail industry, the amount of cash & inventory plays very important role hence, in order to manage the two the POS system should be installed (POS nation, 2010).
In order to implement the POS system in the newly opened cloth store, the following hardware, software & cost would be involved. POS Computer along with 160GB HD, RAM of 2 GB, 2.8 GHz inclusive of Windows 7 Pro. It should have a standard keyboard attached with a mouse. 15” Touch screen LCD, a cash drawer, Epson TMU220 Printer, Laser Scanner MS9520, Auto Scroller, Cash Register Express. The total cost of the entire POS System would be $2459 (POS nation, 2010).
With the help of the POS system installed at the store, it would also help in order to reduce the cost, enhance the growth of channel as well as optimization of the entire process.
Some of the benefits which could be reaped by the installation of the POS System would be as follows:
Þ The process would help in order to process all the cash payments as well as carry out various modifications
Þ Reduction in the cost refers to the second benefit which could be reaped after the installation of the same
Þ Apart from systematic tracking of the inventory, POS System also helps in the accurate tracking of cash transactions, prevention of loss, etc.
Þ One of the major benefits of the POS System is to enhance the marketing along with the customer loyalty of the store
Þ POS system also helps in optimizing the overall process. This would help in order to enhance the speed, increase the efficiency & the effectiveness of the operation.
Þ With the help of the POS System, the orders would be processed quickly which would provide the customers with the perceived speed.
Þ The POS system would help in order to improve the relationship with the customers, retain more people towards their store, etc.
Security Technology:
The second IT system which should be incorporated in the newly opened store would be the security technology. Security of the store refers to one of the most crucial aspect in case of the retail sector. Therefore, various technologies should be taken in to consideration which would help the store in order to keep their goods, clothes, etc safe & secure (POS nation, 2010). Advanced security technologies such as high end alarms, automatic bells should be used which would help the store to keep a track of every single individual who comes in or walks out of the store.
The Electronic Article Surveillance System i.e. EAS, should be used. This system would majorly take into consideration three major components such as:
Þ The detection system
Þ A security tag
Þ A detacher
The three systems mentioned above should be adopted as well as implemented in order to have a secure environment in the newly opened clothes store. The detection system refers to a magnetic tag attached to the cloth. The alarms would ring if the security tags would not be detached (Barcode Inc, 2011). In order to detect the security tag, two detection antennas would be plugged at the edge of the door. A security tag should be attached with every single cloth hanging at the store. With the help of a security tag, the item would be quite secure. There are various ways though which the security tags could be plugged with the item (ADT Business Solutions, 2011). The two types of ways through which the tag could be plugged would be through a pin or with the help of a stick on the label. The last component i.e. the tag detacher should be used in order to detach the security tag from the item. There are different types of detachers available in the market which would help to remove the security tags. The cost involved in order to implement the security management system in the newly opened store would be ranging from $29.95 – $3599.95 (approximately) (Barcode Inc, 2011).
Inventory management:
Inventory management refers to one of the most crucial aspects in case of the retail industry. Various hardware & software have been designed in order to provide reliable sources regarding accounting of the stocks, stock keeping, reduction of the thefts, etc (ADT Business Solutions, 2011).
The software’s as well as the hardware would help to replace the traditional pen & paper with the RFID equipped techniques. With the help of the barcode scanners or wireless bar code scanner or inventory software, the stock of the store would be maintained. The use of the computerized techniques would help in order to have an accurate access of the useful information. The cost of implementing the same would range from $45 – $ 1000 depending upon the specifications of the software so mentioned (Barcode Inc, 2011).
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