Computer System in the Context of Retail Business

Computer System in the Context of Retail Business Anthony Wu 11CS2 Today, retailing businesses have to had up to date technology in order to be successful. Accurate, efficient communication sending and receiving can affect the business. So it is very important that to have the latest technology such as computers and networks. Retailing on a local and global scale can also affect how successful is the business. Locally, efficient networking that retailing businesses had allow customers purchase goods more faster such as the new bar-code scanners in supermarkets helps customers reduce time waiting in order to purchase goods. Globally, such as trading, eg: a computer retailing store may like to purchase some stock from over seas, they†¦show more content†¦* Hardware played by retailing store: Point of Sale System is designed for retail and/or wholesale businesses that need to generate at-counter customer invoices and monitor product inventory levels. This easy-to-use system improves employee cash handling efficiency and accuracy by displ aying all cash transaction data. It supports split tender payments, unit of measure pricing (including metric pricing) and look up features that allow the user to view product, price, and customer information directly on the terminal. The reports generated include margin, price, inventory valuation, minimum on hand, and daily summary. For multistore chains and franchises, a remote store processing add-on is available. The system interfaces with Accounts Receivable, General Ledger, and Purchase Order Management. Single and multi-user versions are available.. The electronic funds transfer and payment processing system. The system performs credit card sales, refunds and voids. It also performs debit card sales and voids and has full transaction stand-in store-and-forward capabilities to maintain sales activity if transmission lines go down. The Central Computer contains all necessary information in the business and operates as a server. It contains data such as database on items and em ployees. * Retailing businesses has been effected by the introduction ofShow MoreRelatedImpact Of E Commerce On Global Economy1352 Words   |  6 PagesWide Web, computers and mobile wireless communication technologies are transforming the way business is conducted. The success stories of Amazon, eBay are few examples. New technologies have provided the required platform for innovation, growth, shopping convenience, and price advantage due to the boundary less competition. 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