The POSitouch System
Convention and Group Sales
Sunday, April 06, 1997 POSitouch The POSitouch system was conceived in
1982, by the Ted and Bill Fuller, owners of the Gregg's Restaurant chain. They were looking to increase the efficiency of there restaurants through the use of computer technology. During there search they found systems but none meeting there total needs. That is why the Fullers created the company, (R.D.C)
Restaurant Data Concepts. RDC keeps developing better and more efficient equipment to be used in the food service industry.
ADVANTAGES DISADVANTAGES 1.) Timely information, and speeds operations. 1.) People will become dependent on technology. So when it fails they will
2.) Tighter labor controls. probably not be trained or prepared to be with out it. 3.)
No need to hire or pay a bookkeeper. 2.) Takes time to train people to work efficiently on
POSitouch. 4.) Calculates food costs and menu mix.
3.) POSitouch is expensive to the small
5.) Tighter controls over orders taken. business owner. The smallest system
Cuts down on free meals waiters give out. that they have installed cost under
$10,000. 6.) Can order (via modem) and keep track of inventory. 7.) Built-in modem allows technical support via modem, and on line access to reports available at anytime, even historical reports..
8.) Sales trend analysis.
9.) Credit Card authorization with draft capture.
10.) Easy to customize, to meet the needs of many different types of operations.
11.) Increased speed means, increased turnover.
Overall, I feel that POSitouch is well worth the initial expense. It should be looked at as an investment, saving time, and money in all areas needing tight controls. This management tool has been shown to cut labor, and food costs in many food service establishments, not to mention the speed of the system, which could easily increase turnover.
Building a database saves money on maintenance by reducing redundant information and improving record keeping. Both the service and accounting departments will be able to utilize this database to keep track of parts purchases and costs. Having all the information in one central database would allow the diverse facilities to use the database. This type of centralization would bring more accuracy in Huffman Trucking's record keeping and would save money, time and manpower.
The death of Piggy and the shattering of the conch share a similar symbolic value. While Piggy represented rationality and logic, the shell represented social order and power. The fact that their demise occurred at the same time was necessary in order for the last strings of civilization to break, and to finally let savagery take over what's left of the group. If either Piggy or the shell had survived solely, the results would have been different. Both were important to Jack’s power, and the destruction of only one could've changed the end situation and possibly have spared them some time before it got catastrophic. The moment after Piggy and the conch were struck by the rock, the entire atmosphere of the island changed. Jack placed himself
IT helps manager to reduce inventory and human resource requirement to a competitive level in market.
According to the given task, it is expected to create the database for the management of the company. Such organization as dentist clinic has chosen for development. In order to collect information, many sources with such kinds of clinics were investigated and used for this purpose. The main ones are http://www.medtorgrf.ru and http://www.mosdental.ru, in which necessary medicines, instruments and main procedures were revealed for the implementation of dental activity. Besides, it is necessary to identify the types of systems to which the designed database belongs. As a result of the research, the transaction processing system (TPS) is the most suitable for the implemented functions of the data bank for the following reasons. The first is the relation of this system to the operational level. Laudon and Laudon (2006) indicate that the systems of this level allows helping the managers to monitor the activity of the company and business operations associated with earnings, sales, paysheet and material flows in the plant while other systems of such levels as management and strategic focus on controlling, reporting and prognosis of sales for future, considering environmental factors. The second reason is the operation’s principle of TPS is similar to the developed database. Chaffey et al., (2003) confirm that the system saves the day-to-day bargains during the conducting of the business, and pay for products and services is provided as an example of such a system. The last reason is the necessity of TPS for manages to track the condition of inner operations and interaction of the company with exterior environment. Authors add that the TPS is “the major producer of information for the other types of systems” (p. 44).
3) Company can allocate the management of records of plates for regular clients to one helper and management of the records of the plates for rest of the clients to the other Helper. This will help the company in saving their time and
One disadvantage of using financial statements is the fact you cannot always provide people what they deserve due to cost. Greg said in many corporations certain repairs; equipment and pay raises have to be put aside, this is if the cost of production is too high and outweighs the revenue we make.
John Ellwood and Eric Patashnik’s “In Praise of Pork” argues the reasons why Congress requires “pork” to function efficiently. The two authors argue, in order for painful but necessary bills, such as tax increases or budget cuts, to be passed, appropriations must be utilized to alleviate some of the pain. Furthermore, they bring up the contention that “pork” will not be leaving the political landscape any time soon, if ever. Therefore, it is almost obligatory of a representatives to ensure that federal spending on local projects go towards programs that have a positive impact on the population. Yet, in this prospect, a problem is created because legislators will not always be completely concerned with the public good. Instead ,they will be
Positivist Explanation – When reviewing the textbook in chapter 9, explains positivist or “essential” observation of outing in the direction of the world. Looking at the history of sexual abuse, it is a disorder that can be fixed with proper treatment.
Financial controls can be useful to figure out performance problems or if the organization is on sound financial footing. Financial statements provide information used for financial control of an organization. There are two major financial statements, a balance sheet and an income statement. A balance sheet shows an organization’s financial position with keeping in mind assets and liabilities at a specific point in time. An income statement sums up a firm’s financial performance for a given time interval. The income statement shows revenues coming into the organization from all sources and subtracts all expenses, such as: goods sold, interest, taxes, and depreciation. A manager’s knowledge of their financial state can help them manage their employees more effectively and be able to see what needs to be done to create more revenue, which is the ultimate goal in business, making a
The necessary arrangement while running an operation can make or break the entire project. Throughout Larson’s novel, a strong requirement of this was showcased, one example being, “At this moment he and they saw the challenges in its two most fundamental dimensions, time and money, and these were stark enough,” (Larson 34). In his interview with Archipreneur, Ryan King advertised the need for a management platform when listing, “... your fees, budgets, and staff schedules to see what affect they have on your business in real time,” (Archipreneur). Proficient organizational skills are required when regarding money, as explained by, “Income and expense statement also widely known as profit/loss statement is important because it shows the profitability of a company,” (“Money Basics for
Embezzlement can also be decreased by reconciling bank statements and company’s records by different persons rather than a single person. This is one time training cost and everlasting benefit for the company.
Decreasing administrative costs by increasing the speed of order fulfillment, reducing the need for staff involvement and and ensuring that information only needs to be entered once
This time is spent completing bookkeeping tasks which include the recording of financial transactions, posting of debits and credits, production of invoices, maintenance and balance of subsidiaries, general ledgers, and historical accounts and completion of payroll.
The origin of accounting primarily consists of the establishment of human society and commerce. The idea of accounting is an old practice that has been dated since the Mesopotamia era. During this era, trade between tribes around Mesopotamia required records to be kept on stone and clay tablets. This took place at least 3600BC, where in those times, the ‘scribes’ who possessed a knowledge of writing also served as bookkeepers. Overall, accounting has made significant contributions over the past five and a half thousand years.
Business has been facilitated by modern technology in recent years. People are highly motivated to store private information for customers in different ports in the computer. The information can be retrieved in in a second when needed for further procedures. However, the loads of the files that stored in the computer do not affect devices to operate in a proper way, so, that means it reduces the amount of paperwork. According to smallbusiness.chron.com, Technology eliminates the need for double or triple entry systems and reduces the need to file large amounts of paperwork. Now, contracts and customer information can be stored in virtual data warehouses and accessed in minutes, which cuts down on the need to purchase or rent storage space. Obviously, technology helps business to ease the method of storing information and return for advance process. Thus, it is clear that business has been enhanced by technolog...