Tag Archives: time

POS Inventory Control Capable

POS Inventory Control Capable

Doing business has never been as easy as it is now. With the current inventory control software that are installed in the new generation of POS or Point of Sale systems, a business owner or the manager can have full stock control and much more.

We all know that a big chunk of the business is in the back doors. That is why inventory control cannot be emphasized enough. Behind the sales counters are the stock rooms where everything is located. There is a totally different dynamics that is going on in the back doors and this is so important for every business. You need to have a stock control mechanism so that you will have updates of your stock when you need.

You must know what stocks you are carrying, the date when you had those delivered and especially the quantity of your order. These are very basic information but oftentimes taken for granted. Whenever you need to have an update of the number of stocks that you have, you should be able to access the information that you need. So having a software than can help you with your inventory control is a must.

This will also save you time in ordering and re-ordering. Imagine if you don’t have the software to do your inventory management. You will go to your stock room, manually count everything and spend time thinking about what products are moving fast and what are being left behind. To top it all, you will have to check on the date these stocks were delivered, when they are due for payment and you have to double check if your sales and your inventory adds up. These are cumbersome tasks but you need to do it anyway.

Remember that you must also check on the taxes that you will pay or have already paid for all the stocks you ordered. This is important because you have to know how much you need to add to the cost of the product that you are selling. You can easily save yourself the time and effort in doing your inventory manually by having a POS or point of sale system that is capable of handing your stock control.


What is a Two Tier ERP

What is a Two Tier ERP

We’ve discussed “What is ERP?”, but now its time to take a look at two tier ERPs, and some of the benefits that NetSuite offers for those looking for a two tier approach.

A two tier ERP is a concept or approach that is generally used in larger organizations. Oftentimes, larger organizations have multiple lines of business and / or multiple companies running independent from each other. These companies, most likely, have different target customer segments, different inventory product requirements, and may be serving unique geographical markets. Each line of business, when looked at from their perspective, must be able to take care of their own business requirements. However, this may not serve the interest of a corporate parent who wants to be able to consolidate results of its subsidiaries as well as have some level of governance.

Two tier systems often make sense to the management because they want to be able to act quickly while producing some level of autonomy for each subsidiary. I am a strong believer of a single instance architecture. But I am realistic. It may be next to impossible to achieve this depending on the situation. Here are some criteria where Two Tier may make sense: -The parent ERP is too complex to adopt for a small business unit. -The cost is prohibitive for the smaller business unit to own the parent ERP. -Certain local or regional regulatory requirements can not be met. -Key functionality is missing from the parent ERP.

NetSuite works to have an offer for organizations that face these challenges. In some respects, the NetSuite OneWorld product is seeking to be the Parent ERP. Of course, it is all one system and it works very well if the criteria noted above is met. At the same time, NetSuite is pitching to larger companies to be part of a two tier structure; not as the main ERP but as a sub ERP.

NetSuite has recently won some major clients that are two tiered. For example, see these articles: -Qualcomm -Olympus (video) -Torstar Digital

At the same time, they have a great success story with OneWorld acting as a single instance for GroupOn.

The reality is that as companies grow, so do their demanding requirements. Today, there are very few business management systems that can truly make a Single Instance offer. The choices really open up if you go Two Tier. But make no mistake, you will require a major investment to integrate, train people, and maintain these systems on an ongoing basis. NetSuite’s technical architecture makes it pretty easy to integrate with; but it will require work. Two-tier has become much easier due to integration platforms, such as Boomi or Mulesoft.

Finally, two tier ERP is different from Best of Breed often adopted by smaller organizations who aren’t holding the entire consequence of a fragmented technical architecture. Please see my article, “Best-of-Breed Business Systems: Traps & Lies”. The same considerations apply for two-tier ERP. Ideally, get the entire business, on a single instance. If the boundary is a subsidiary, then so be it.

Copyright © Marty Zigman 2011

Marty Zigman, founder of Prolecto Resources, the leading Southern California consultancy serving Ventura, Los Angeles, and Orange Counties, leads companies to advanced growth through NetSuite based implementations and innovations. Marty’s organization has developed scalable eCommerce systems for companies such as Time Warner and Bank of America which processed over $1.6 billion in order revenue within 12 months. Marty Zigman, a previous CPA and Deloitte & Touche consultant, brings a unique perspective to how business systems can lead to increased enterprise value and competitive advantages. http://blog.prolecto.comTwo Tier ERP is an approach used by management when it is too difficult to get on one single system across multiple business subsidiaries. Learn more about this case..


4 Main Advantages of Utilizing On-line Advertising and Marketing Software

4 Main Advantages of Utilizing On-line Advertising and Marketing Software

You need to have used a number of the advertising and marketing instruments on-line and questioned how good it’s to have one thing achieved with just a push of a button. Thanks to the advanced know-how that made these online marketing instruments available. One should use a number of the most popular on-line advertising and marketing tools with a purpose to survive in business and compete the established experts. Not solely that, you also achieve some major benefits by using them. Today I will talk about 4 main advantages of using on-line advertising tools.

1. Automates The Process: On-line advertising and marketing instruments are very helpful in making the entire course of automatic. You arrange a crucial knowledge only once and push a button to submit your details. The instruments deal with the rest. With the development within the technology many of the instruments that are available today have this push button technology. Virtually each profitable internet marketer uses tools that automates many of the processes. This saves their time which they utilize to market their business elsewhere.

2. Keeps You Ahead in Competitors: If you’re new to web advertising, you will need to use these online instruments with a purpose to enhance your on-line business. Successful marketers know exactly what kind of instruments to utilize and how. They’ll at all times stay one steps forward if you do not know the right way to make greatest use of these tools. All you require to do is to search out out a number of the finest tools that suits your small business requirement, and grasp the ability to operate on these tools. This fashion what you are promoting will get extra exposure and you will stay ahead in competition.

3. Tools are Trade Particular – Know The Greatest:These instruments are particularly made for the respective industries. They’ve up to date knowledge and know the most effective of that industry. Suppose take an example of Social Media Submitter tool. This software knows precisely where to submit your website. They hold updating their database with new social media websites. And alter their codes accordingly. So utilizing up to date online marketing instruments could be very advantageous.

4. Establishes Trust in Your Customers: Some of the skilled instruments are so common that even prospects require their web entrepreneurs to use them, in order that they can imagine that they’re coping with official person. Lets take an example of Aweber autoresponder service. Most of the well-known web entrepreneurs use Aweber as their autoresponders. So when a consumer or customer subscribes to your service he believes you as a severe internet marketer since you employ Aweber. Many people use completely different providers that cope with spam which could not attract critical customers.In any case, you have to use special tool in order to save your time and money during article marketing.
Article Marketing Software Or Article Submission Service: Which Is Preferable?
Some people prefer to buy article marketing software paying one-time fee. But the biggest disadvantage of article marketing software is that you cannot automate all the process 100%. In other words, it cannot be done without your participation. And you should be a very patient person to use this tool on a regular basis. Otherwise, you cannot get regular results. As a result, you will have to spend a lot of time every day.
But when it comes to using article submission service, you can 100% automate all the process.
Michael Karl, Marketing Tools
74343 Sachsenheim
Tel.:(+49) (0)174 83 29 764


Choosing the Right Liquor Store POS Software

Choosing the Right Liquor Store POS Software

Choosing the right liquor POS software is not easy. There are thousands of them with different configurations and features. Choosing POS software for liquor stores is a crucial volition for many business owners, significantly for those who have no in-depth knowledge about POS system softwares.

POS system softwares give every want and need of your business – from tracking inventory to managing workers and customers.  This article will discuss on how to choose the right Liquor stores’ POS software.

Features of Liquor Store POS software
The following are the general features of Liquor store POS software:
 It has a customer relationship management.
 Items are regulated accurately; priced and taxed automatically.
 It has gift cards features.
 Credit card processing only takes few seconds.

Criteria in Choosing the Right Liquor Store POS softwar

How to choose the right POS software for your liquor store:

 The software must be reusable even to other liquor store branches. Software must give you high return on investments. Consider the needs of your business. List down the essential features that will help you earn more money. Making a list will help you narrow down your choice of software.

 The software can be customized with regards to handling all stores’ operations. Softwares that are designed specifically for an industry will save time, effort and money.  A well-known feature of liquor store POS software is the age verification which minors cannot purchase liquors. In verifying age, ID is collected and scanned.

 A common mistake that retailers do is purchasing POS software just anywhere. Buy software from a well-known company. Softwares that are manufactured from these companies are in good quality and provide an all-around support and service. Softwares produced by notable companies do not have flawed reputations too. Reading reviews on the net will also help you in choosing the right POS software.

 Softwares must be reliable. In this way, you are saving time and money by infrequent changing of POS softwares. Experimenting POS softwares may not be a good idea. When buying liquor store POS software make sure that it is tested, proven and used by several store retailers too. Software must be customer-based; otherwise, you will end up frustrating your customers.

 A popular POS software may not be an excellent software, but its name in the mainstream proves the software’s efficiency and user-friendliness (where touchscreens are becoming popular). In real time, the more popular the POS touch screen software is, the more buyers the software has.