Thursday, December 5, 2019
Evaluating impact of point-of-sale tobacco - MyAssignmenthelp.com
Question: Discuss about the Evaluating impact of point-of-sale tobacco. Answer: Introduction Point of Sale System is nothing but a system which helps various kinds of business to carry out transaction between organization and client (Sonnenberg et al. 2013). POS system can be easily defined as computer network which generally consist of various kinds of computer which are linked with checkout points. It is generally supported by various kinds of hardware which starts from barcode scanner and closing at terminals of various kinds of card payment. In the upcoming pages of the report advantage and disadvantage of POS system has been discussed in details. A list of advantages has been provided regarding the fact or idea of having centralized database for four season greenhouse and nursery. Recommendation has been provided regarding the type of networks and type of technology needed by it. Discussion Advantages and Disadvantage of New POS system New POS system will allow the various kinds of user to easily track the useful data for business from various kinds of transaction based on sales and various kinds of data from sales. The new POS system will eliminate the issue of tracking various kinds of sales on a manual basis. This system will provide a method which can be used for processing and storing of data for various kinds of sales operation (Scheffels and Lavik, 2013). This new system will ultimately eliminate entry of details of good on a manual basis. The POS system will work much greater than a sales register. In the end it can be easily concluded that POS system will eliminate tracking, distribution of data which will provide information for operation and management of this four season and Nursery which is located in Colorado (Kirchner et al. 2013). There are large of disadvantage which can be seen by implementation of this POS system that are: Reliable connection: A reliable internet connection and ISP is needed for proper maintenance of POS system which is generally considered to be totally based on web (Pepe and Pepe, 2012). If there is outage of internet, then Nursery located in Colorado does not have access to it. Expensive software upgrades: Various kinds of web based provides free upgrades for keeping them up to date while on the contrary software based upgradation has a high value of cost attached to them. Security issues:Various kinds of customer round the globe makes use of credit card or debit card while they are making their purchase certain risk related to pin also comes into action (Lee et al. 2015). Various providers of POS system provider make use of step for maintaining the privacy of terminal keypads on the contrary none of them are considered to be risk free. Role of POS in competitive advantage of Business A POS system will be help in gain competitive advantage for an organization POS system helps a business in having a real time detail of business which contains report of sales. After that particular business can makes use of proper strategies for improvisation of sales. POS will help in improving the customer service and making transaction at a much faster rate (Liberato, Bailie and Brimblecombe, 2014). There are generally large number of selection techniques or methods like credit cards, gift cards. POS will provide a better and efficient method or way for management of inventory. It will also help in recording of various kinds of products which are running low. Various kinds of business will reduce the time which is generally spend on various kinds of things like paperwork, management of inventory, special programs and discounted programs. Figure 1: Point of Sale (POS) System (Source: Carter, Phan and Mills, 2014) Advantage of having Centralized Database There are large number advantages which can be gained by implementation of centralize database that are improvisation of prevention of data preservation, physical security, reduction of cost, improves reliability and updating speed (Salloum et al. 2013). Option of centralized storage will ultimately improve the option of data preservation. Various system and laptops very rarely allow the option of providing functioning even after failure in terms of hardware. Various kinds of locally stored system provide the option of storing various kinds of data at their own security risk on the basis of physical (Kokkinos et al. 2012). With the increase in the quantity of sensitive information of consumer, protection of data can be considered to be a critical issue. Centralized database generally requires this business that four season Greenhouse and nursery which is located in Colorado to make huge amount of investment in domain of server technology (Carter, Phan and Mills, 2014). This will ultimately result in reduction of overall cost. A centralized storage will ultimately result in higher value of components which ultimately makes it much more reliable than various kinds of local storages. It also provides the option of virtualization and also gives access to data from any place round the world. Figure 2: Centralized database (Source: Kirchner et al. 2012) Role of POS system in Decision Making Implementation of POS system provides the option of better decision making in terms of inventory data. It provides the option of tracking of number of units of a product which were sold. Organization can easily check or view of fact which is necessary for tracking of various kinds of products which are based on generally some kinds of products which is necessary considered to be less profitable as much they considered to be (Berto et al. 2012). POS system will ultimately help in understanding of products which can contribute maximum amount of profit to this particular organization. Real cost provides a platform which is necessary for shifting various kinds of products which will ultimately result in large amount or value of profit for an organization. Major of the POS system generally allow the user to enter into a particular kind of codes based on inventory which can be either through manual basis or through automatic bar code scanner. Various kinds of system provide a platform which is generally needed for multiple value of running and running in total amount of value. POS system generally provides a method which is needed for tracking of various kinds of pricing which is inclusive of percentage or value of cost, formulas used for various kinds of cost. POS system for Business Activity POS can be easily defined as a kind of step up which is generally needed for cash register. A POS system generally allow a business owner to have more than one location of business and proper tracking of various kinds of inventory which generally works without being presenting (Kim et al. 2014). It helps in elimination of various kinds of business owners and keeping track of inventory which mainly works by without being present in any kind of field. By the help of this system efficiency of various kinds of employee can be easily maintained. Information can be traced in a better way No the information does not need to be traced manually basis because as POS system help in help analyzing data of sales. One can easily help in measuring the effectiveness of pricing or campaign related to advertisement (Dunlop et al. 2014). POS system will help analyzing the quantity or amount of order. One can easily calculate gross revenue on a daily basis, cost and profit which is involved in it. Past data containing information will ultimately help in analyzing the needs of the future. List of question which can be answered in a way better way Proper selection of material in the market. Quality of product which is needed in the upcoming future for an organization. Helps in monitoring of sales records and provides alert when various kinds of stock are running out. Role of information in better management of business The information can be easily used for proper management of business and to access information which being sold and the products which are being sold (Sances et al. 2013). POS system provides an efficient way or method for proper management of inventory. Information can be easily used for management of gift cards and programs for loyalty. The information can be easily be used for tacking of personal information of customer, payroll for various kinds of staff members and management of Inventory. Recommendation Type of Network WAN stands for wide area network which can be used for this POS system. WANs are generally used for connecting various kinds of local area network by which user and system in one particular location can easily with computers present in other location.The WAN connects PC one side and POS network on other side so that communication can be easily established between these two point by making use of Internet. Figure 3: WAN (Wide Area Network) (Source: Pepe and Pepe 2012) Type of Media For this POS system wireless technology is proffered as WAN (Wide Area Network) provides various kinds of networks which are used for exchange of information over a larger distance. It generally makes use of phone lines or satellite for transmitting various kinds of media. Internet is most common or well-known type of WAN service. Risk of POS system POS system has some level of risk involved in it when it comes to matters of various kinds of security. Various kinds of attackers generally look for this target by making use of various kinds of system which are vulnerable (Kirchner et al. 2012). Maximum amount of high profile data breaches which provides customer payment information which comprises of security of POS. It is generally analyzed from the fact POS system is damaged by the attack of Trojan (Panuwet et al. 2012). Another kind of issue of data breach came from POS security which mainly resulted in breach of data. Protection against the risk There are several number of steps which must be taken for improving the security of POS: It focuses on encryption of all type of data and decrypting the form when it reaches payment processes (Ko et al. 2012).. Implementation of application whitelisting which provides necessary type of application to easily run on a regular basis. Dividing of various kinds of networks which is needed by various kinds of POS system. Continuous running of various kinds of software which can be used for scanning for various kinds of malicious files. Conclusion From the above discussion it can be easily concluded that this report is all about POS system. Advantage and disadvantage of POS system has been discussed in details. A list of advantages regarding the fact of having a centralized database has been provided. A list of recommendation has been provided regarding the type of network and kind of wireless technology associated with it. Various kinds of risk associated in POS system has been discussed in details. All the three aspects of risk like security, privacy and confidentiality has been discussed in details in the above pages of the report. 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