A POS (point of sale) is the system where transactions occur between the retailer and the customer. In the fashion and garment industry, a POS system helps manage sales, track customer preferences and optimize stock levels, ensuring a seamless shopping experience and effective inventory control.
POS systems are crucial in retail as they facilitate sales, manage inventory and provide valuable data insights. Clothing stores commonly use POS systems to manage operations efficiently and streamline payments. POS payment works by processing transactions through various payment methods, recording sales and updating stock in real time. POS systems like Lightspeed also double as inventory management software.