POS system

How can the POS system help YOU?

What is a POS system? POS systems allows you to access and support the system via internet. POS systems can track sales reporting, customer management, inventory management and employee management. If your internet goes down the system tracks sales and it will sync up when reconnected with the internet. Group 3: Aaron Rodriguez, Francis Dean, Hien Ly Industry Challenges 2017 was a difficult year for Macy’s and the retail industry  in general Retail companies saw a fast shift in consumer shopping habits to more online, interactive, and value driven purchases. Continued decline in purchases at brick and mortar stores This year, Macy’s saw a decline in its revenue, net profit,  and operating margin. Increase Interactive Customer Experience Largest target demographic (millennials) requested more interactive experience. Millennials make up the largest population and has the most purchasing power which created a change in the retail industry. This group is Macy’s largest target demographic and they seek a more digital, interactive discounted future. 2016 was a difficult year for Macy’s since the industry saw challenges in the retail environment and shifts in consumer shopping habits and tastes. Look forward through technological innovation Macy’s struggled with shifting consumers shopping habits Macy’s needs to keep up with live trends Increase Operational margin revenues and profits Macy’s struggles with margin revenues and profits and has sitting merchandise in retail locations. Transforms the way business is done by by integrating all operations and customer channels, driven by the Point of Sale, into a single dashboard. Designed to maximize security, stability, ease of use and service delivery Replaces bulky expensive legacy solutions with a quick intuitive IOS-based POS platform that combines cloud based technology and the mobility of the iPad. Implements a system that adds value through incremental revenue, cost reduction, and a better experience for customers and employees. Crafts an interactive customer experience, provides insights on consumers to prepare for the digital future and help improve organization’s financial performance by increasing your profits, operational margin and inventory turnover. Macy’s Needs Increase Interactive Customer Experience Look forward through technological innovation Increase financial performance through operational  margin, revenue and profits. Macy's, Inc. (Macy's) is an Omni-channel retail organization that operated department store, websites and mobile applications in the US. Its product portfolio includes home furnishing, bed and bath accessories, apparels, cosmetics, handbags, jewelry, petties, fragrances, shoes and other consumer goods. Macy’s offers these apparels and accessories to men, women and children. Company offers products under La Mer, Jo Malone London, Yves Saint Laurent and Keihl’s brand. Macy's also provides various services that include credit card services, skincare treatments, esthetic treatments, bodycare treatments and tropicana spa services. Millenials make up the largest population and has the most purchasing power which created a change in the retail industry. This group is Macy’s largest target demographic and they seek a more digital, interactive discounted future. 2016 was a difficult year for Macy’s since the industry saw challenges in the retail environment and shifts in consumer shopping habits and tastes. Revel POS Systems Integrates  all operations and customer channels, driven by point of sale into single dashboard. Modernize businesses with cloud-based technology  and mobility of IPad Provides insight on consumers to improve an organization’s  financial performance Revel POS Systems Implements a system that adds value through incremental revenue, cost reduction, and a better experience for customers and employees. Crafts an interactive customer experience, provides insights on consumers to prepare for the digital future and help improve organization’s financial performance by increasing your profits, operational margin and inventory turnover. Solution to need 1 Interactive Customer Experience Mobile iPad POS Solutions to allow salespeople to enhance customer experience Ability to check live inventory, view customer profiles to suggest personalized products Enrolling customers in Loyalty Program The most urgent need for Macy’s is to provide its largest target demographic with requested interactive experience. Mobile iPad POS Solutions allows salespeople to enhance customer experience. The iPad replaces bulky, expensive solutions with a intuitive iOS- based POS platform that combines cloud-based technology and the mobility of the iPad. This allows salespeople to service customers easily on the sales floor by providing them with the tools to check live inventory, view customer’s profiles and purchase history to help suggest personalized products and order out of stock products. Revel enrolls customers into a loyalty program that’s customizable to the enterprise. Our systems provide data on your most loyal customers, allowing you to reward them by offering exclusive promotions. Increasing customer experience will increase net profits. This allows salespeople to service customers easily on the sales floor by providing them with the tools to check live inventory, view customer’s profiles and purchase history to help suggest personalized products and order out of stock products. Solution to need 2 Increase Technological Innovation Through Data on Customers Revel Provides Live Statistical Updates Shifting  Consumer Purchasing Habits Best selling products Allows key people to make quick decisions Macy’s struggles with shifting consumers shopping habits, Revel Systems can provide solutions to understand consumer shopping habits by steam-lining consumer data Provides Statistical Updates to your phone and mobile device based on best selling products, quantities of products sold, net sales, most often used forms of payment.   Solutions help Macy’s adapt to the shifting consumer purchasing habits by providing them with live trends which keeps them informed on decisions Solution to need 3: Increase Financial Performance through Operation Margin, Inventory turnover and Employee Management Reduce Transaction Time Monitor Employees Increase Inventory Turnover Increase Financial Performance Systems can reduce transaction time with each customer by providing time-saving tools for salespeople. System monitors employees by providing you with live updates on the number of employees at work, cost of labor, whether they’re late or on time and whether employee incurs overtime. Increase inventory turnover by allowing salespeople to place orders on sitting merchandise in other retail locations and shopping centers. Our solutions also help increase your inventory turnover by allowing salespeople to place orders on sitting merchandise in other retail locations and your shipping Increases financial performance by decreasing operational inefficiencies, increasing inventory turnover, and increasing net profits. Increase Financial Performance through Operation Margin, Inventory turnover and Employee Management Systems can reduce transaction time with each customer by providing time-saving tools for salespeople. System monitors employees by providing you with live updates on the number of employees at work, cost of labor, whether they’re late or on time and whether employee incurs overtime. Increase inventory turnover by allowing salespeople to place orders on sitting merchandise in other retail locations and shopping centers. Our solutions also help increase your inventory turnover by allowing salespeople to place orders on sitting merchandise in other retail locations and your shipping Increases financial performance by decreasing operational inefficiencies, increasing inventory turnover, and increasing net profits.

The POS system can help you with anticipating what your customers will want by compiling data on your most popular items. Once this information has been collected it will be easy to find popular items and get them to customers quickly. Our system can also increase customer experience by getting customers in and out quickly to make sure they have a satisfactory and speedy experience. This will also reduce costs ability to reinvest because sales will be speedy, ­­ and more time can be spent on other operations of the business. All the technology will drive growth by increasing customer experience and making your system more efficient.