POS

For the majority of restaurants, food cost is second only to labor in terms of an overall liability. It goes without saying that steps need to be taken and measures employed to ensure that this element of the budget does not get out of control. As in any business, it's all about the bottom line. While every business has its operational costs and most retail establishments have to carry stocks of some kind, restaurant inventory control is particularly important as in this case the goods are very perishable. It is not uncommon to have several hundred different types of raw food product in storage at any one moment and with poor management, you can end up wasting a lot of this. Good restaurant...

always wondered whenever I have entered a shop, mall or store, how does the owner keep stock of things? How does the owner perceive which good has more demand or less? Is it humanly possible for a person to keep track of all the merchandise with its details in the shop? All these years I’ve thought that these stores employ people to keep a daily check on its goods and sales. Maybe that was true before systems were in place. Now with the store POS software, an owner can keep track of sales, customers, inventory, purchase orders, work orders and more. The best feature of store POS software is that it is web based. This makes it accessible through a web browser from anywhere through the net...

In my previous related article I wrote about CCD Readers, Laser Scanners and Pen Type Readers, there are a few more I will go through in this article and also how scanning methods are distinguished. 2D Imaging Scanner - These are in fact the newest type available, the technology is completely different and the do not rely on light sources a light source. These units have a small video camera that captures the image of the barcode. The technology is essentially the same as the CCD technology however the video camera in this unit has hundreds of rows of sensors instead of a single row. The hundreds of sensors are arrange in a two dimensional array this allows them to generate an image. Omni...

With the basic elements intact, brochures can effectively attract people. But to further increase the number of interested individuals, companies must think of strategic locations where the brochures will be placed and distributed. This will lessen the effort of mailing brochures one by one to each prospective client. Brochures printing will aid you in attracting potential customers and gaining immediate response and action from them. Businesses assume that brochure printing will help them to market their products and services to a wide variety of people. Brochures can be best placed at point of sales or point of services. POS can be at a retail shop, a checkout counter in a shop or anywhere in...

For any retail business at the moment it can be hard to hit the high level of sales mostly due to the problems with the economy in recent years. Consumer confidence is affected by things like the economy and how much money the general public feel they have that they can freely spend. As they become less confident they can afford to go out and buy goods then the economy dips again and many retailers have suffered dearly from low sales all the way to job cuts and even closing down business all together. Now that the country has slowly exited recession more consumers are finding they are willing to spend again and slowly retail outlets on the high street are seeing significant increases in the crowds...

Typewriters and dot matrix printers use a plastic or cloth ribbon to hold the ink. In the 1970s and 1980s the dot matrix printers and was popular but eventually replaced by laser and inkjet printers of today. Dot matrix technology and printer ribbons are still used today in cash registers, ATMs, and other point-of-sale terminals. The simple construction of printer ribbons makes them economical in these situations. Also, most consumers do not mind the lower quality print on their receipts. While not adequate for photo printing or other presentation type print projects, printer ribbons such as the Okidata 52102001 and the Panasonic KX-110 remain useful. Printer ribbons are also used in badge systems...

> If you deploy one of the mid-market Retail applications and Microsoft Dynamics GP as your Corporate ERP system - we would like to review integration between the two.  All three are hosted in Microsoft SQL Server. Earlier versions of Great Plains Dynamics were also available on Pervasive SQL 2000 or Ctree, but these versions are really legacy now and we will concentrate on MS SQL Server based versions.  If you have old version of Great Plains, you still can deploy text file import via Integration Manager, and text file could be produced from Counterpoint or Microsoft Dynamics RMS via SQL Query: 1. Counterpoint export to Dynamics GP.  Here you have predefined MS SQL...

anagement System (RMS) — overview Microsoft Client Relation Management system (Microsoft CRM) and Microsoft RMS are both Microsoft SQL Server based applications, however historically Microsoft was purchasing industry leading software applications, such as QuickSell which is now Microsoft RMS. So, RMS design fundamentals were minted a long time before Microsoft CRM. But, still integration between the two is straightforward and what you need is consultant, who is familiar with both systems structures and customization scenarios Microsoft CRM is currently integrated with Microsoft Great Plains and will be integrated with Microsoft Navision in the close future, RMS integration is not planned to...

Having a problem managing inventory? Unable to keep track of the goods you are purchasing and thereafter selling? Don't know when to order items, or unable to keep your stock secure? Here are a few tips to help you. 1. Keep track: This is the most important task in order to manage your inventory. You need to keep records in a systematic manner. If you do not have an account of your sales volume, as well as your current stock level, you will never know when and how much to reorder. It is recommended that you keep an ordering period, that is, a time frame after which you will make your next order. Your tracking should be based on this unit of time. You can track each item in the following manner...

The Datalogic Kyman tough handheld PC is engineered to survive rough environments & provide ergonomics that lower operator fatigue. A sturdy external cover with overmold protection ensures reliability & durability. It resists inhospitable environments, many drops, biting shocks, repeated tumbles & freezing temperatures. It's available in hand-held & pistol grip models. The detachable handle provides maximum flexibility change between hand-held & pistol grip operations, without affecting the inherent durability. Description: This mobile PC is a standard-size handheld computer running Windows CE 5.0, Or Windows Mobile 6.0 Professional on a 520 MHz Marvell XScale PXA270 processor. Measurements are 3.5...

Evaluate Your Ordering Process You should never ever treat the purchase of items for the store the way you would pick out a personal gift. While, yes, that leopard print Snuggie may very well be both fashionable and practical...it probably isn't going to end up on Oprah's Favorite Things list anytime soon (*cough cough* ever) and your shelf space could be put to better use. Remember how you start to profusely sweat when you pick out a gift for your wife or girlfriend (or both) because you know, whatever it is, has a 99% chance of being completely wrong? Luckily, ordering items for your store requires little speculation and far less antiperspirant. Let us introduce you to a more systematic approach...

register is one of the devices that are used within a sales establishment and which are being operated by a sales clerk. This is usually used to calculate the total number of sale a customer was able to purchase, and will also give the people the proper change and the respective receipts with what they are buying. Cash Registers is used to a grocery store, department store, clothing store, or other profitable retail business, POS cash registers, are an important component of running a successful, profitable business. Cash registers not only help you keep an accurate count of your inventory and your sale records, but they also enable your customers to be serviced in a quick, yet effective matter...

The amazing technology available for the retail industry is quickly advancing, and many retailers struggle to keep up with the latest trends and tools which can help their businesses grow and thrive in today's increasingly competitive economy. One of the biggest assets and headaches that most retailers struggle with is keeping track of their inventory. Proper inventory management is not something that's easy to master, but if mastered it can have huge benefits to the retail merchant. One of the ways a retailer can significantly improve and simplify inventory management is with the use of barcode label makers. With a proper point of sales software platform, barcode label makers can be used to...

Microsoft Dynamics GP or how it was known in earlier 2000th and 1990th Great Plains Dynamics and eEnterprise is mid-market Corporate ERP platform.  Great Plains is mostly Financial, ERP, MRP and HR software, while such applications as Microsoft RMS, Counterpoint should be dealing with Barcoding hardware (such as Barcode scanners, Barcode servers, etc.). If you are looking for Add-ons to Dynamics GP, opening specific GP screens to barcoding, you may need to check with Dynamics GP ISV Partners community.  If you need Warehouse Management operations to be integrated with GP, most of the WMS software publishers handle Barcoding.  Let’s review the options and look at...

Microsoft Dynamics GP was earlier popular under the name Great Plains Dynamics.  This Corporate ERP application has several flavors of Integrations with such POS and Store Management systems, as Microsoft RMS, Counterpoint, plus GP itself can open its Sales Order Processing transaction to B2C eCommerce shopping cart (such as Magento/PHP or ASP .Net Storefront) to enable and integrate web retail outlet.  When you are thinking about adopting new Accounting and Warehouse Management application for the chain of retail stores, you are probably thinking about Barcoding technology (including new merchandize barcode labels printing, order fulfillments, merchandize replenishment and move from one store to...

The widespread acceptance of Wireless Local Area Networks is a money maker for the e-commerce market. Not only has the Small Office/Home Office (SOHO) been a welcomed market for the manufacturers of wireless devices ( Cisco/Linksys), the acceptance of wireless networking is saving millions of dollars to these markets. Organizations are reaping profits in the region of billions of dollars in cost and productivity savings. The customer base is generally unquestioning and accepting or at times even unaware of the presence of these technologies. One only has to venture into a Target, BestBuy, or Macys to be exposed to the transparent use of Wi-Fi. Marketing is a remarkable skill. With the recent...

If you are mid-size chain of retail stores with centralized goods delivery, Microsoft Dynamics GP or how this Corporate ERP application was known several years ago — Great Plains Dynamics might be good fit for your organization. We would like to review Great Plains technology layers and features, such as integration with POS and Retail applications (such as Microsoft RMS, Counterpoint, etc.), centralized distribution via Warehouse Management System (opening Great Plains Distribution logic for Barcode scanners), order placements via B2B ecommerce or EDI (Electronic Document Interchange) channels, opening your eCommerce B2C web outlet: 1. Microsoft Dynamics GP...

> If you are at the point of decision on Microsoft Dynamics GP, formerly known as Great Plains Dynamics, implementation for Retailer with multiple retail stores, we would like to describe “solutions”, which could be deployed in your organization We always recommend our customer to try to avoid risk of ERP implementation failure and the best way to do this is to avoid huge customizations, especially if you or your current Dynamics GP Consultant or Programmer never done something similar, in similar business case and in similar industry:   1.       Retail and Point of Sale application.  Typically this application covers Purchasing, Barcode labels printing, POS (Point of Sale — cash...

Implementing a barcoding system can be an invaluable part of any successful business. It can make the work of the retailer, management, and the employees easier. In return, they can give better service to the customers and focus more on keeping the clients happy. Barcodes have proven to be useful in various types of business ventures. It makes inventory management easier for everyone involved as scanning the barcodes using handheld scanners makes inventory count quicker and more accurate. It can also be used to better track documents and assets, and monitor field employees. Combined all of these benefits lead to increased sales and improved profits. Are you already planning to use barcodes in your...

We see it everyday. Millions of retailers are using barcodes and scanners to check out customers and enterinventory. Even small stores find that bar coding ispractical because it speeds up checkout, tracks stock, andassures pricing accuracy. Unfortunately, not everyone uses bar coding technologyproperly. And they don't reap as many benefits as theycould. Utilizing bar codes with your POS software will allow youto... - Serve customers faster and improve service by quicklyscanning bar codes at the point of sale (POS) instead oftyping a SKU. - Reduce pricing and inventory errors. Scanning bar codes atthe POS is much more accurate than typing a SKU. The typicalerror rate for human data entry is 1 error...

A good way to make more profits and run your restaurant to success is by managing the controllable costs, such as food, labor and supplies. Of those, plausibly the toughest cost to control is food. Simultaneously monitor portion sizes, prevent theft, watch waste and order efficiently must be done in order to manage food costs effectively. An inventory software will help you identify specifically when your food costs are out of line. With an inventory software, you'll typically save 1% - 2% of sales, and can save even more. And it is savings that drops straight to your bottom line as profit. A POS-based inventory control system, operators may well easily spot and solve food cost problems visible by...

The Emirates stadium is home to Arsenal Football Club where the average number of fans to attend a premiership game in a season is 1,140,000. Business Challenge Arsenal FC required a fast, reliable card processing solution to seamlessly integrate with the chosen Micros point of sale (POS) systems which were situated at bar and restaurant outlets in the club and box levels within the Emirates Stadium. Arsenal FC required a technology that would be able to cope with the predicted increase of transaction volume that the new stadium was to bring. Previously, Highbury Stadium had match day visitor capacity of 38,419, the new Emirates stadium has a capacity for 60,000, a significant increase of 21,500...

Many retail store owners just don't know how to maximize their business potential. Sometimes it's a lack of business sense, but other times it's just lack of experience. If you're a business owner who is currently running a web based point of sale (POS) system, you're probably wondering how it can help. The truth is, these systems are designed to be of assistance in every aspect of the retail business. Regardless of how big or small your business is, your retail POS will help you have a handle on your business by storing and utilizing data that is easy for you to obtain, yet without the system would be neglected completely. By harnessing the internet as a central database, your web based system...

One of the very best investments you can make in your independent supermarket business is a state-of-the-art supermarket POS system. But state-of-the-art doesn't necessarily mean over-the-top-ridiculously-expensive; it simply means ensuring you get a point of sale software system that is specifically designed for your particular market segment and has all the features and functionality required to take your supermarket or grocery store from ordinary to extraordinary. So, whether you are considering the purchase of a supermarket business or already have one or a chain of supermarkets and you are thinking of upgrading your system, let's look at some of the amazing benefits you and your business will...

We have all at least seen a cash register if not used one. Cash registers are an integral part of retail businesses and most cannot operate without one. Invented by James Ritty after the Civil War out of necessity for the running of his saloon. His main goal was to stop employees from skimming money and he got the idea after seeing a tool that counted the revolutions of propellers for steamships. Patented in 1883, the cash register soon took on a life of its own and after being sold a few times, finally settled into what it is today. Today the cash register does not require you to break a nail while pushing down huge buttons that were known for sticking down and causing all sorts of problems...

"> Microsoft Dynamics GP was earlier popular under the name Great Plains Dynamics.  This Corporate ERP application has several flavors of Integrations with such POS and Store Management systems, as Microsoft RMS, Counterpoint, plus GP itself can open its Sales Order Processing transaction to B2C eCommerce shopping cart (such as Magento/PHP or ASP .Net Storefront) to enable and integrate web retail outlet. When you are thinking about adopting new Accounting and Warehouse Management application for the chain of retail stores, you are probably thinking about Barcoding technology (including new merchandize barcode labels printing, order fulfillments, merchandize...

Microsoft Dynamics GP allows you to automate many typical and classical businesses, restaurants are typical GP deployment example. In this small article we will review typical scenarios and technical questions. As we often see that restaurant owners are not technical people or programmers - we will try not to use ERP and software academic language and be right to the point: 1. Your server and network structure. It is typical when restaurants are in several places across the city and you control and operate your business from central office or even the basement of your house. You should place your Great Plains server to your headquarters. If you have only few restaurants, consider purchasing...

The benefits of an Electronic Point of Sale (EPOS) System are not always clear to the average businessman or woman who has run his business perfectly well until now using a traditional cash register. Although the benefits of an EPOS system vary with the type of business, generally the following are benefits that most businesses can expect to realise: 1. Better stock control 2. Improved monitoring of staff performance and honesty. 3. Ability to measure the results of say running a promotion or changing opening hours 4. Ability to Identify slow and fast moving items 5. Improved checkout times Generally, an EPOS system helps you work more efficiently and effectively, reducing overheads and maximising...

Bar staff often work without direct supervision and liquor waste and theft is hard to detect or prevent. Overpours, spillage and waste are ongoing problems that can mess up any liquor inventory. Drink size portions are not guaranteed with free pouring. Liquor inventory loss can make the difference between profit and loss for a busy bar. Bar inventory management systems can help measure every ounce of alcohol that flows through a premise, every minute, every day. Easy to install, hotel, bar and restaurant owners can let their staff free pour but quickly manage liquor costs down. Easy, fast, accurate, invisible to customers, all systems can usually be interfaced with the incumbent POS system. Real...

our retail business achieved success? Many new retailers are often originally unsure as to the success of their business; therefore, many try and limit expenses when first getting their business off of the ground. If you were one of those retailers, but you can now see a long, profitable future, you may be interested in investing more into your retail store or stores. If so, it is advised that you examine your current cash register systems and inventory tracking devices. Do they need to be replaced? If you are interested in replacing or updating your current POS equipment, like your cash registers or your inventory control devices, you will likely start examining POS products. While this is an...

Modern Corporate MRP and ERP systems are typically very flexible and have unlimited potential to be implemented in various business environments.     However, being adaptable often means for you that you should expect reasonable consulting budget for your Microsoft Dynamics GP (assuming here that you are taking that route) to be implemented.  Also we recommend you to check with your Dynamics GP Reseller or implementation consultant if Great Plains has modules, where expected business logic is available or if not — what would be ball park estimation to program missing logic from scratches.  In today’s publication we would like to give you some ideas on...

EPOS which is an abbreviated form Electronic Point of Sale, a form of technology which helps in keeping the systematic records all the goods and services provided to the customers. Earlier people were dependent on cash operator registers so to know the exact sales of the particular year. It was rather difficult to note down each and every services and goods supplied and also they had to tally these prices at the end of the year. The cashier was given the work of tallying after which these tallying notes were input in to the accounting ledger and thus all the finances and inventory records were to be done manually. It was really a difficult and lengthy task to not down each and every goods sold and...

As any retailer knows, we are a nation of shoppers. Shopping is a favorite past time for many mall goers. However, as much as people love shopping, they also hate standing in line at the checkout counter. In fact, many customers won't shop at stores where they are faced with long lineups. Because of this, one of the best ways you can improve your customer experience as a retail business owner is to find ways to speed up the checkout process at your stores. There are many different ways to increase checkout times, such as setting up and installing additional tills at your business, but that is typically one of the most expensive ways to solve this problem as it requires an investment in an additional...

We're all aware of that moment called POP or Point of Purchase - a moment when the customer actually makes the decision to select one brand over other. As a salesperson, it s your job to influence the customer to pick a product with a good profit margin. However, in a retail environment you have to use a subtle marketing strategy. For example, a card and gift store sells similar product from brand X, brand Y and brand Z (as it is almost impossible to concentrate on a single brand). Even if the store can earn a bigger profit margin by selling brand Y, they still can't override a customer's decision to buy a product from brand X or brand Z. If the customer feels that the salesperson is trying to...

class="googleright"> In today’s restaurant business, restaurant POS systems are pivotal in determining the business growth and generating revenues. In fact, restaurant pos software has become an important aspect for running a restaurant smoothly. The pos software system can help to increase the efficiency of employees and gives the most cost-effective solution to run your business. Manual order taking and passing them on to the kitchen is a cumbersome job and so is bringing the food to the table. The process is likely to be repetitive in nature and without a system in place, it consumes considerable manpower. However, with the restaurant pos software, you can easily avoid the situation and...

The way I hear it, the "typical" annual rate of inventory shrinkage in the retail industry is in the order of 3 to 5% - let's split the difference and say 4%. "Industry Experts" (whoever they are...) suggest that of that total inventory shrinkage, 50% is due to external theft; 30% is due to internal theft; and 20% is due to "messed up paperwork". Other reasons for business losses, such as breakage, robbery, and vandalism, are separate problems that we're not going to deal with here. Do the math in your head - what's 4% of all the stock you've ordered this year worth? Pretty grim numbers. If you're still with me, I'd like to suggest a way to reduce these figures by almost half - a way to reduce...

If you own or manage a retail business, you already know the importance of accurately managing your inventory. After all, your inventory is the heart and soul of your business; it's what draws the customers in, and - if you don't have the item they need in stock - what could end up steering them toward your competition. While meticulous inventory management is a must-have for any retail operation, it's of particular importance to small, independent retailers. In fact, experts agree that carefully managed inventory is the deciding factor in whether a young store succeeds or fails. Clearly, you need a strategy for dealing with your inventory that is both creative and effective if you want your retail...

It seems that as soon as a piece of IT equipment or software has been installed it's immediately superseded by a faster sexier version. So what was an ideal IT solution soon becomes out of date. Built-in-Obsolescence is a fact of life and even affects us at a basic level with our home computers. As new power hungry versions of software are introduced we are encouraged (forced) to upgrade our existing hardware to enable us to work normally again. Specifying the right IT solution at the outset is a tricky business. First you need to identify the requirement and then build a business case. Many large organisations have such complicated and finicky tendering processes that can go on forever. This often...

As long as computers still have parallel printer connections, parallel receipt printers will be a smart choice for business owners. Receipt printers come in a wide variety of interfaces, but parallel interfaces are a great choice for receipt printers. Using the standard parallel printer connection for your receipt printer gives you the option to utilize the serial and USB connections for other peripheral devices that will not work on a parallel interface. For the most part, scanners, cash drawers and pole displays will not work with a parallel interface. By using the parallel interface for the receipt printer you then open up the serial and USB ports for other devices. Parallel printer...

Stock takes in retail businesses are best completed by working on one department or area of the store at a time. You may decide to break up your stocktake by physical location in your store, or by supplier, department or category. With most POS systems you can perform a stocktake in several ways: 1. Using a PDE scanner (Portable Data Entry) to scan and enter quantities, then connecting this back up to the system to stocktake automatically 2. Plugging a scanner into a laptop, remotely accessing the Main computer using Remote Desktop, and walking around the store scanning products and entering quantities 3. Using an RF (Radio Frequency) or Bluetooth scanner to walk around the shop scanning items, and...

Point-of-Sale or POS software refers to applications that automate various activities of a retail outlet and are used for retail sales management. Control over operations, increasing efficiency, productivity gains, increasing the productivity of serving staff, fine-tuning of business model and return on investment are the primary drivers of POS software. Importance of detailed reports that can help companies make more informed business decisions, and increasing inventory shrinkage, theft, wastage and employee misuse are driving the sales of the POS software in the retail and hospitality sectors. Availability of wireless POS systems, average life completion of many installed terminals, along with the...

It's not secret that an economic downturn can have a devastating effect on the retail industry, which relies entirely on consumer confidence and disposable income for its very survival. This is never more true than it is for small and independent retailers; in fact, when the economy takes a nosedive, these stores may be among the first casualties of the recession. Yet there are strategies that can be employed to help your store stay afloat through even the most trying financial storm; the key is to narrow your focus and concentrate on doing what's best for your business, rather than responding with knee-jerk reactions that could actually do more harm than good down the line. One way to help your...

ou a retailer who is looking outfit your supermarkets or department stores with POS equipment or are you simply looking to update your POS equipment? If you are, you will want to find a POS supplier to make your purchases from. When doing so, there is a good chance that you will be basing your purchase decisions on cost. While it is important to find affordable POS equipment for your retail establishments, it is also important that you take steps to extend or prolong the life of your POS equipment pieces. One of the best ways to prolong the life of your POS equipment, like a POS cash register, is by doing business with a POS supplier that extends a number of services and features down to you. These...

For the last 3 years, I've been working with Microsoft Dynamics RMS (Retail Management System). This retail inventory software is best suited for small to medium sized businesses. We work with companies to help them maximize their software investment to help them make money. After all, if you can't mine the data that you have and turn it into more sales, then you're not getting the full value out of your investment. Really, this can be done with any software that has a Customer Relationship Management (CRM) component. What it takes is a well thought out process for how you are going to collect the information and then how you are going to use it. For a customer to want to be a part of your mailing...

> It has become increasingly important for businesses to be able to accept credit cards. Credit cards are the preferred method of payment nowadays. Whether you are an online merchant or own an on-site business, if you do not accept credit cards you are missing out on a lot of revenue. To accept credit cards your business needs a credit card processing system. Creating a merchant account gives you that ability. Merchant accounts are accounts especially crafted to fit the needs of businesses to accept money. If you own a store, you will need a card swipe terminal to accept credit card payments. Your merchant account provider may be able to provide you with this equipment. There will be a purchase fee...

Most POS or point of sale systems incorporate a loyalty toolkit and customer database. Management systems in their own right, venue owners can leverage powerful POS tools to manage and track reward schemes. Not all loyalty programs need to offer a discount or 'hard' monetary rewards to bring customers back. Some programs can focus on 'soft' rewards like recognizing guests on arrival, guaranteed reservations, and preferred seating. These soft rewards draw on the POS customer database, cost nothing but carry a high value for customers. Traditional point and loyalty card schemes can prove to be cumbersome to run and hard to exit from. It's also hard for small venues to compete for customer wallet space...

-- End Ad Box ---> With many of the latest big budget cinema releases being available in 3D, and everyone talking about the 3D future of television, many eyes are starting to focus on 3D hologram projections...without the glasses! Where does this technology originate from? 3D holographic projection technology is loosely based on an illusionary technique called “Peppers Ghost”, and was first used in Victorian theatres across London in the 1860s. Pepper's Ghost was typically used to create ghost-like figures on stage. Hidden from the audience's view, an actor dressed in a ghostly costume would stand facing an angled plate of glass. The audience would be able to see the glass, but not the actor...

> If your organization is located in Southern California San Diego metropolitan area and you are planning to deploy Microsoft Dynamics GP, or already have it implemented in your organization, including legacy versions of Dynamics GP 8.0, 7.0, Microsoft Great Plains 7.0, Great Plains Dynamics and eEnterprise 6.0, 5.5, Dynamics C/S+ 5.0, 4.0 and earlier Or even Great Plains Accounting for DOS, Windows or Macintosh: 9.5, 9.2, 9.1 and earlier, the help might be just around the corner or if you prefer web sessions and phone conferences - we are ready to help.  In this small publication we would like to share with you some Dynamics GP Great Plains implementation...

Part of the answer to the "buying problem" is inventory control. In fact, the biggest reason retail businesses fail is that they lack inventory control. However, when employed aggressively against competitors, effective management of your inventory can be a lethal weapon. Imagine doubling your inventory turnover rate (certainly not far-fetched with proper control): you could sell product at half the normal margin and still gross the same amount of dollars in a given time period. Inventory control has been used to take down many competing retailers. Like much of the new technology available to business owners, Management Information Systems (MIS) is still evolving, and along the way it becomes both...