Managing shrinkage is a crucial aspect of running a profitable grocery store. Shrinkage refers to the loss of inventory or revenue due to theft, inadequate store operations, or other factors. In this article, we will explore effective strategies to minimize shrinkage and increase profitability in your grocery store. Addressing Employee Theft: Employee theft continues to be a significant contributor to shrinkage in grocery stores. To combat this issue, implementing a robust point-of-sale (POS) system or cash register system, such as NCR or MICROS, can act as a deterrent. These systems provide monitoring capabilities that reduce the temptation for employees to engage in theft or manipulate data. By ensuring that transactions and inventory movements are accurately recorded and cannot be altered,...

1) “Always-on”  Simphony’s architecture ensures each property’s operations run without interruption when an Internet disruption occurs.  Using locally deployed services for property operations ensure that the Simphony Point of Sale client running on Workstation 6 Series devices never skips a beat.  2) Powerful Analytics Help You Run a Smarter Business Simphony’s Reporting and Analytics capabilities are powered by Oracle Business Intelligence Enterprise Edition (OBIEE), which enables you to create dashboards and visualizations that highlight your operation’s key metrics.  Using the operational insights provided by OBIEE, you can make faster, smarter decisions that improve your bottom line. Oracle MICROS InMotion Mobile app extends Simphony’s reporting capability to a manager’s mobile device, providing real-time sales information anytime, anywhere so they can always keep pace with what is happening....

One simple question with no simple answer. On these day of constant technology changes is important to consider which Point-of-sale system will stand the test of time…. To answer that, you should consider to following points, and you might realize MICROS simphony had your back: Innovation: It’s super important consider the integrations you POS system can handle. Today’s customers are looking for better and particular experiences to engage with. However, many POS systems lack the tools and APIs required for integrating exciting third-party technologies…. Not MICROS-simphony          On line ordering: A lot of today’s customers expects mobile ordering, delivery and curbside pickup besides that dine in experience. Online ordering must be profitable for you and convenient, easy and efficient for you...

According to The National Shrink Survey and The National Grocers Association, in 1991, 52% of the Shrink was caused by employee theft. 20 years after, this cause still an enormous percentage: surprisingly, research conducted by FMI and The Retail Control Group in 2011 showed that 36 percent of retail grocery store shrink comes from theft or other dishonest behavior… “Employees are usually as honest as the systems allows them” The other 64 percent of grocery store shrink results from inadequate store operations and procedures. For example: Overripe Produce (inventory management) Cashier training (better the POS, faster the training) Poor decision-making (by poor reports) A good POS system or cash register System, as NCR or MICROS, can provide you the tools...

What is the difference between a POS system and a cash register? The cash register is part of a POS system. A cash register simply captures the transaction: the purchase prices minus any discounts, the POS system is the one that integrates other functionalities such as inventory management, customer management, report generation, loyalty programs, among others. A POS system is the combination of POS hardware and POS software. What is the difference between a POS system and POS software? POS software is part of a POS system. POS software is the platform used to complete sales transactions, as well as help manage other business integrations. A POS system is the combination of POS hardware and POS software. Why are POS...