Retail Information Technology
Enterprises
From their website:
"At RITE we're dedicated to making big technology a reality for small and medium sized retailers. Our mission is to give independent merchants the tools to compete and win against big box retailers in the 21st century. From computerized cash register (POS) systems to digital surveillance, RITE has a solution for your business."
Contact:
RICK FEULING
1001 2ND ST S, STE 100
SARTELL, MN 56377
(320) 230-2282
Website
MLBA Allied Member Since: 2006
From the PROOF Jul/Aug 2008 Allied Members Spotlight article:
Biggest Reason to Get a POS System for Inventory Tracking? Maybe Not!
There are many reasons an off-sale liquor retailer might consider purchasing a point of sale system for their business. A majority of merchants would probably tell you that they got their system to give them the ability to track their inventory. And while POS systems can and probably should help you in that regard there are other important reasons to consider investing in a system. Among them…
Speed of transactions. Think about Friday and Saturday evenings, the day before Thanksgiving or other busy times for your store. A POS system that operates quickly is worth its weight in gold in those situations. Most new systems have integrated credit card processing, using the internet as the means to verify customers’ cards in one to four seconds!
Automated promotions. Good POS software can allow you to set up your case wine and other discounts. That way the discounts automatically ring up…the cashier is not forced to make manual computations at the till.
Customer loyalty and preferential pricing. Look for a system that allows you to keep track of individual customer purchase history and that lets you do price levels for things like wine and beer clubs.
Gift cards. Many systems have built-in gift card capabilities. Sometimes gift cards don’t get used or get lost. That translates into 100% profit for your store.
More control. One critical element in this area for liquor retailers is age verification. If you’re looking for this tool in a system find one that is flexible. An experienced manager working a register probably doesn’t need as much oversight as a rookie cashier. Also get a system that proves verification through your electronic journal.
Price changes. How much work is it to price tag every bottle in your store? How often do you have to do this? Have you ever had a customer change a price tag on a product? All of these issues go away with a POS system.
Sales Tax Reporting. At the end of the month when you need to pay your sales tax you can click one button on your POS system to get the report you need. Without this technology you have to go through “Z” tapes from every day of the month to get this information.
There are a great many other reasons why one might consider obtaining a POS system for their business. And keeping close watch on your inventory just might be one of those reasons, too!
RITE (Retail Information Technology Enterprises) has served retail clients in 23 states with point of sale hardware and software solutions. RITE is a proud member of the MLBA and a certified reseller of Microsoft’s Retail Management System software. They have created numerous customizations off the RMS platform that are designed to address every day issues faced by beer, liquor and wine retailers. Contact RITE at 1.888.267.RITE (7483.)
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