Various IT Tools For Retail Management Like Barcode Scanners And Receipt Printers
Inventory and Cash Management are very important parts of any retail chain management and proper inventory and cash management helps retail businesses to reach global competency levels. Businesses having large amount and varieties of inputs as inventory may find it difficult to manually manage all the inventory. In earlier time all the inventory used to be maintained on registers and any inventory status related information can not be prepared instantly. Modern retail chains can not afford that delay as most of retail chains now operate real time supply chain management. Use of modern information technology tools, like Barcode Scanners, Label Printer, Receipt Printers and Cash Drawer, to maintain inventory and cash is proven best method.
Use of bar codes have made inventory management and billing process fast and convenient. Also chances of error with bar codes are almost nil. Lets have a bird eyes view on the use of bar codes in inventory and cash management. Barcode is unique number normally having more then 10 digits with unique lines printed over a product. Normally bar code is printed over the product at manufacturer level but in case there is no barcode printed on the product one can use label printer to print one. A label printer is a computer printer that prints on self-adhesive label material and/or card-stock (tags). Some label printers with built-in keyboards and displays are also in market, for stand-alone use. Label printers have a wide variety of applications, including supply chain management, retail price marking, packaging labels, blood and laboratory specimen marking, and fixed assets management. There are many types of label printers in the market like Desktop label printers, Commercial label printers, Industrial label printers and Industrial portable label printers. After getting all the products barcoded in your store next step is to register all the required information in the system like bar code range for a particular product, Prices of the products etc. Once done various POS (point of sale) software will do all the other tasks for you.
Once your customer has chosen all the products and he is ready for billing one needs to scan just the barcodes with the help of a barcode scanner. Barcode scanner is an electronic device for reading printed bar codes. Like a flatbed scanner, it consists of a light source, a lens and a light sensor translating optical impulses into electrical ones. Additionally, nearly all bar code readers contain decoder circuitry analyzing the barcode’s image data provided by the sensor and sending the barcode’s content to the scanner’s output port. Barcode scanner is quite fast device and it can scan thousands of product in a day without a delay. Scanned data of products get matched with already available data and price and other information of the product gets in to invoice automatically.
After scanning barcode with the help of barcode scanner invoice can be prepared using pos software. Receipt printers are being widely used to print invoice data for customers record. Modern cash drawer comes with separate section for each denomination of the currency notes. Cash drawer have some special features like after printing of bill cash drawer automatically opens and once the transaction is done cash drawer gets locked automatically.
Normally Barcode Scanners, Thermal Receipt Printers, Zebra Label Printers and Cash Drawers are required for making your business inventory system more effective and speedy. The Epson TMT88 V Serial POS thermal printer is the latest addition to Epson’s industry-leading TM-T88 POS printer series.