Franchise Asia Philippines 2015. Top Tools and Technology in the Restaurant Industry. Many people may think that the tools and technology of the restaurant industry is limited to basic kitchen appliances and tools. However, one may not expect some complex equipment that is used in the restaurant industry. Many restaurants are leading the way in regards to credit card processing and point-of-sale technologies, introducing new ways to serve their customers and increase the overall convenience of the dining experience. If you have never considered how hi-tech restaurants can be, here are some of the top tools and technologies that are in use in restaurants today that you might never have expected to see. One technology that has been rapidly adopted and pioneered by the restaurant industry is the point-of-sale or POS system.
These systems use a touch-screen display to allow cashiers and servers to input orders, sending them to the kitchen for preparation without having to manually call the order back and submit a hand-written dining ticket. Source. How To Spot Fraud With POS. By leveraging the controls and variance reports often inbuilt into the latest Hospitality POS systems, many potential loopholes can be plugged. While it’s impossible to completely protect your restaurant, bar or pub from theft, there are a number of precautions that you can take to reduce the chances of it happening.
Most venues prefer to use technology and procedural controls as a tool for discouraging crime. Bogus transactions or collusion between staff and customers are usually top of the list for preventative action. Misuse of refunds, staff discounts and issues with supplied goods come a close second. When staff are aware that every item of stock is accounted for, shrinkage can be reduced dramatically.
If everyone knows the company has their finger on the pulse, losses can be negligible. A wide range of POS features can help revolutionize control: Unique POS Logins Variance Reporting Powerful POS reports let you can quickly and easily start to look at the larger picture. Source. POS Data to Improve Retail | Condor POS Solutions RP. One of the benefits of a point of sale system is that the computerized system automatically tracks sales and inventory data.
The key to maximizing your POS investment is learning to use that data to improve store operations and make more money. Here are some key pointers. Retail Metrics and tracking Key Performance Indicators (KPI’s) should be an important of running your business. Let’s take a closer look at how analyzing your inventory performance on a regular basis can keep your business on track. A retailer has five decisions to make on any given item in stock: Mark up? How does a retailer know what to do and when to do it? Let’s take a look at what I consider to be the five most important retail KPI’s that should be easily generated from your software program. 1. The first thing I look at is Days of Supply. Days of Supply analyzes the last period of sales, and based upon that rate, gives you the amount of days of supply left on that style. 2.
Turn has a formula: 3. 4. 5. Final tips. Condor All-In-One POS System | Condor POS Solutions RP. Best Time to Assess Your PoS Systems | Condor POS Solutions RP. Most small to medium retailers buy their Point of Sale (PoS) systems and once it is installed they forget it until it causes a problem. Unfortunately this is generally at their busiest time. Assessment of your PoS systems should be an ongoing process. Tax breaks for new equipment and tax deductions on leasing costs should inspire retailers to regularly update their systems to the latest technology and keep themselves and their stores ready for peak trading conditions.
The Assessment must be planned around your expected Peak time transaction periods, for example -lunch times, weekends and holiday peak periods like Christmas and Easter. Retail sales are still slow but showing some signs of recovery. Do you want your clients walking away because they are waiting in line while your staff is struggling with older technologies in both Software and Hardware? Software - Is it intuitive for staff to use? PoS PC - Integrated Terminals – Are you using a retail hardened device? Source. Old Data to a New POS System? | Condor POS Solutions RP. Should you start your new point of sale system/barcode application by entering your existing customers? This question gets asked all the time. The answer is definitely… maybe. Let’s take a look at what kinds of businesses really need customer data and just how much it costs (in time and money) to enter data into a POS system.
Customer data is dynamic, fluid and changing. Every day, every minute, your customers are moving to new homes, getting new phone numbers, buying new cars and leaving town. Over the course of several decades in point of sale, and thousands of installations, I have observed businesses taking six or even twelve months to put in their old customers and a bit of information about them. Now – what about the type of business you are in? On the other hand – when I take my car in for an oil change or other service, I love the fact that they have my complete service records in their point of sale system in case I need them for something. POS System Value source. Condor Careers | Condor POS Solutions RP. Point of sale equipment – Maximizing Your Profit Potential | Condor POS Solutions RP. In business nothing happens till a sale is made. Having the right point of sale or POS equipment can make sure that you give yourself the best chance of processing sales quickly so that you can serve more people.
POS Equipment Tech vs Pen and Paper Before you go out and spend your hard earned money or rack up even more debt from your store expenses take a good look at your business and be objective about what you really need vs. what would be nice to have. The main factors that are going to determine what type of POS equipment will best suit your business needs are going to be; how many customers do you have and what types of products do you sell. POS Input Devices The following are some of your options for different input devices. Keyboards Using a keyboard or more conventional cash register with a keypad is a popular and relatively inexpensive choice for most businesses and models will range in from $100 to $400. Touch Screens POS Scanners and Barcode Scanners source. Good POS System To Your Business | Condor POS Solutions RP. How Do You Know Which POS Is Right For Your Business? Is it time to upgrade your POS system? Choosing a Point of Sale System or POS for your business can be a daunting process.
It is very important that you have a clear idea of the type of system you will require to suit the needs of your business. When you have a good POS, your profits will increase because you will have a fast and reliable checkout process. Your sales records will be completely and effortlessly maintained as will your inventory reports. When you have a good POS system, your customer will automatically receive a number of services at checkout.
The sale will be rung up quickly and efficiently and discounts, frequent shopper points, and other customer-pleasing bonuses, coupons and extras can be added without a moments’ delay bringing “sales of point“ – sales specifically targeted to an individual customer based on past purchases and preferences. What does your business need? Is your business big or small? Make your purchase! Efficient Aspects Of Barcode Scanners | Condor POS Solutions RP. How barcode scanners can make your business more efficient When it comes to streamlining business and making processes leaner, barcode scanners are vital tools. Because they are able to automate what has traditionally been a time-intensive process, barcode scanners save significant amounts of time and money for companies.
How exactly do they do this? Why are barcode scanners excellent efficiency-boosting tools? Why are they a smart choice over manual inventory processes? Easy and Convenient Setup: Implementing barcode scanners into an inventory system is not difficult. A Way to Prevent Human Errors: When employees have to manually enter information for each product in your inventory, they are going to make mistakes — and those mistakes cost money. Less Paper Waste: Using barcode scanners lowers the amount of paper your company needs to track products, which is good both for the environment and for your bottom line. Source. Visual Retail Plus and Point of Sale Touch Screens | Condor POS Solutions RP.
Touch screen technology has come a long way. People have forgotten how exotic the technology they see and use everyday once was.Visual Retail Plus has from the beginning been designed hand in hand with touch screens. This technology will allow the end user, regardless of technical knowledge to use and operate a touch screen in a point of sale environment. It also creates a comfortable and easy to use experience. Visual Retail Plus’ software with the combination of a point of sale touch screen can have a variety of benefits. One of the many benefits of using a touch screen in a point of sale is the ease of use. Users who are not experienced from a technical aspect will have easier time learning.
Pointing at what you want is a gesture that most people can naturally correlate to. Point of sale touch screen solutions offer many space saving benefits as well. Another benefit of having a touch screen is happier customers. Source. Point Of Sale Installation And Training | Condor POS Solutions RP. When you decide to install a point of sale system for your retail business, training for that system is a very important process. Installing a POS system will tremendously improve the efficiency of your day to day operations. It is therefore important for the trainers from the POS installation company to help the employees in your company to transition and get used to be POS system easily. With appropriate training, you should be able start using the system immediately and effectively, save a lot of time you would have wasted on trial and error learning, and it will also increase the returns for your business.
Before the POS installer comes to your site, you should work closely with them in preparation for installation of the software as well as training. There is also management training whereby employees in management positions are trained how to organize the inventory and also how to plan the order that will be used in building the inventory files. Source. Transform your Business w/ Condor POS Software | Condor POS Solutions RP. POS software will help you to stay informed concerning your cash. It will tell you numerous things about it –, for example, where it is originating from, where it is going to and what is making you the most conceivable measure of cash. It’s going to guarantee that your inventory is loaded with items that are generally sold the most. This is the manner by which you are going to profit from utilizing POS software. There is no motivation to fill your inventory with things that are not offering, and POS software can even help you to perceive inclines, so you can see what items are going to be in demand after at diverse times as the year progressed.
POS software likewise makes simple management of inventory, because of the way that it can record and modify inventory records when item is purchased. Condor POS offers you from point of sale to standardized barcode label design software; we cater for a wide range of businesses and industries.