on Tuesday, July 26, 2011


Due to recession many retailers are concentrating on cost-cutting measure business are looking for saving every bucks and Open source Point of Sale applications are getting first choice. The development of Linux is one of the most prominent examples of free and open source software collaboration; typically all the underlying source code can be used, freely modified, and redistributed, both commercially and non-commercially, by anyone under licenses such as the GNU General Public License. Typically Linux is packaged in a format known as a Linux distribution for desktop and server use. Some popular mainstream Linux distributions include Debian (and its derivatives such as Ubuntu), Fedora and openSUSE. Linux distributions include the Linux kernel, supporting utilities and libraries and usually a large amount of application software to fulfill the distribution's intended use. Some of the POS systems used in Linux platform are Lemon POS, Tux Point of Sale.

In the same run Future Group India’s largest retailer has implemented the Beetle/iSprint PoS system, as well as its TPLinux in-store open source retail software. The group has already trialled both products at its Big Bazaar hypermarket chain, and said it will now install 6,000 TPLinux licenses and POS systems across other chains such as Pantaloons, Central, eZone, and Food Bazaar for this they has selected Wincor Nixdorf's retail store software and Point-of-Sale (PoS) systems, and will roll out the same across all its formats. The group said that in the pilot, the new systems had helped reduce check-out times by 75%, and overall costs by 65%.


on Thursday, July 7, 2011

SITUATION
BASKET SIZE
TICKET SIZE
NET SALE
FOOTFALL
CONVERSION
PRODUCT
1
High
High
High
Ok
Ok
Ok
2
High
High
Low
Low
Low
Good
3
High
Low
Low
Ok
Ok
Good
4
Low
High
High
Ok
Ok
Good
5
Low
Low
Low
Ok
Ok
Bad
6
Low
Low
High
High
High
Good
7
Low
High
Low
Low
Low
Good

Conclusion for the above situations as under:

(1) Sale is high thus no need to worry. Check on Footfall, Conversion, Product improvement will raise the  business to next level.

(2) Reason is Low FF/CONV.

(3) Only low value items selling.

(4) High value items selling.

(5) Product problem.

(6) Only due to High FF/CONV.

(7) High value items selling. But Low FF/CONV.

Low and High here means the degree of variations from Average. There are various interpretations could be made from this parameters here I just want to show the importance of calculation of Ticket Size & Basket Size.

Even if we take the combination to more variables with Footfall & Conversion then it will give more picture of the health of a Retail Store.