Difference between POS and Retail Managment System

viral

hi

can any one tell difference between POS and RMS?
Difference by features.

thankx

viral rami

retailremedy123

Well i am also anxiously waiting for the reply, as a retail consulting in a corporate firm, this question confuse me and needs right and perfect one. Also i need to clarify one more, how the retail industry go slow even though the stock raising higher.

ara3n

I don't understand the first question. RMS is a POS. So what is he asking?


It's like asking what is the difference between ERP and Dynamics NAV.

manoj_ax

Please check here: http://www.rmsexperts.com/dynamics+rms+and+pos.aspx

shanebishop

POS systems are much more diverse in terms of features, and RMS is one of those features. Basically POS is the entire business software package.

rhpnt

shanebishop wrote:

POS systems are much more diverse in terms of features, and RMS is one of those features. Basically POS is the entire business software package.

Actually it's quite the opposite.

I copied the description from Wikipedia because I couldn't describe it better:

Point Of Sale (POS) (also sometimes referred to as Point of purchase (POP) ) or checkout is the location where a transaction occurs. A "checkout" refers to a POS terminal or more generally to the hardware and software used for checkouts, the equivalent of an electronic cash register. A POS terminal manages the selling process by a salesperson accessible interface. The same system allows the creation and printing of the receipt.

(not from Wiki):
A Retail Management System (as the name says) includes a lot of additional "management" functions (inventory, warehouse, receivables, payables,...) that can also include a POS application.