Home > Terms > English, UK (UE) > Point of sale (POS)

Point of sale (POS)

The simultaneous recording of a customer sale and its effect on inventory levels, typically done in a retail environment using automatic data collection systems. Real-time point of sales data is sometimes used to automatically trigger replenishment orders as required, and can be used in sales analysis to review end-customer rather than distributor sales patterns.

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  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Software
  • Category: Supply chain
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  • Acronym-Abbreviation:
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