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Contents contributed and discussions participated by Dalton Draper

Dalton Draper

7 reasons to switch to a point-of-sale system - 0 views

  • By Jeff Wuorio If you're a veteran retailer, you know the problem: Your inventory doesn't match your tallies. Sales are going unrecorded. Your staff is spending far too much time chasing mistakes instead of tending to customers.
  • 1. Your "sudden shrink" no longer goes undetected
  • Retail Management System are designed to immediately record any and all sales. Not only does that mean timely and accurate sales tracking, but a POS system also lets you readily identify inventory levels, particularly when what you have on the books doesn't jibe with actual stock
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  • 2. Markdown management is much easier
  • knowing which items have been marked down and recording those discounts accordingly
  • a POS automates the process of introducing markdowns and, in turn, tracking them accurately
  • not just inventory accuracy but the use of pricing models to allow for markdown management
  • . Promotions can be tracked more successfully
  • Whether through coupons, special discounts or other vehicles, promotions can be central to attracting and retaining business. Trouble is, managing and reconciling short-term specials—not to mention pinpointing their impact—can be nigh impossible without the automation and immediacy of a point-of-sale system.
  • 4. You can maintain control in absentia.
  • Many operations suffer in employee efficiency and customer service when the boss is away.
  • POS can help boost those areas, no matter where the head honcho happens to be."You simply can't be there all the time," says Jim Melvin, chief executive officer of Siva Corp
  • "A POS lets you have that important level of control when you're not there."
  • 5. Your prices are consistent from one location to the next
  • If your business operates at more than one location, a point-of-sale system ensures pricing consistency.Even better, a POS system automates overall inventory control, helping to keep stocks in proper balance depending on demand and other factors, which can vary from one location to the next.
  • . You get many tools in a single package
  • "Most POS systems have add-on modules like payroll time clocks and customer preference databases," says Rarrick. "That removes the need for small businesses to invest in separate systems for those purposes."
  • You can make better use of your personnel
  • A good POS allows you to allocate your human resources to the customer service area of the business," Ruffing says. "That means they no longer have to be counting, calculating, ordering, and checking cash-register accuracy."
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    This article talks of seven ways in which a POS system can help a small or medium size business through making the owners responsibilies easier to manage. The tools provided by the POS system can help with everything from payroll, to inventory, to pricing and coupons or sales.
Dalton Draper

Why Choose Property Management System? - 0 views

  • A good property management system can help simplify your business operations by half the time.
  • Using the new system allows you to organize and store all the information you have entered into it to for easier access and revision whenever needed.
  • Finally, the system secures your rental property. It has an online tenant credit screening service which permits you to check on the credit information and background information of potential tenants in a matter of minutes.
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  • Additionally, using an online payment system allows you to have accurate figures when computing for rental fees thereby reducing accounting errors as well as data entry. By means of this system, you can be sure that your leasing property is well protected.
  • Therefore, having a property management system is very advantageous. It helps you manage your property easily while saving you the time and money. Moreover, it ensures the protection of your property. It is definitely a useful tool for property owners!
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    This article talks of the advantages of having a PMS system for business owners. How the system can help to make the business owners or managers life easier through making real time reports and checks on the facility
Dalton Draper

10 Ways to Go Green and Save Green | Worldwatch Institute - 0 views

  • Save energy to save money.
  • Unplug appliances when you're not using them. Or, use a "smart" power strip that senses when appliances are off and cuts "phantom" or "vampire" energy use.
  • Use a drying rack or clothesline to save the energy otherwise used during machine drying.
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  • Less gas = more money (and better health!).
  • Plant drought-tolerant native plants in your garden. Many plants need minimal watering. Find out which occur naturally in your area.
  • Save water to save money.
  • Walk or bike to work. This saves on gas and parking costs while improving your cardiovascular health and reducing your risk of obesity.
  • Consider telecommuting if you live far from your work. Or move closer. Even if this means paying more rent, it could save you money in the long term.
  • Eat smart.
  • Skip the bottled water.
  • Think before you buy.
  • Go online to find new or gently used secondhand products. Whether you've just moved or are looking to redecorate, consider a service like craigslist or FreeSharing to track down furniture, appliances, and other items cheaply or for free.
  • Borrow instead of buying.
  • Buy smart.
  • Buy in bulk. Purchasing food from bulk bins can save money and packaging.
  • Invest in high-quality, long-lasting products. You might pay more now, but you'll be happy when you don't have to replace items as frequently (and this means less waste!).
  • Keep electronics out of the trash.
  • Keep your cell phones, computers, and other electronics as long as possible.Donate or recycle them responsibly when the time comes. E-waste contains mercury and other toxics and is a growing environmental problem.Recycle your cell phone.Ask your local government to set up an electronics recycling and hazardous waste collection event. 
  • Make your own cleaning supplies.Join the Million Car Carbon Campaign by purchasing your Earth-Aid kit today.The big secret: you can make very effective, non-toxic cleaning products whenever you need them. All you need are a few simple ingredients like baking soda, vinegar, lemon, and soap.Making your own cleaning products saves money, time, and packaging-not to mention your indoor air quality. 
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    This article talks of 10 simple steps to go green in both a comercial and home cercumstances. Every business can do these steps to make a green company that can be used as a deferenciation point. I have never heard a company say that they make their own cleaning products.
Dalton Draper

Integrating e-commerce into a hotel's overall business strategy - 0 views

  • commerce should be a compliment to every part of a hotel's operations. All staff members need to be briefed on the advantages of taking a collaborative approach to e-commerce
  • needs to understand the correlation of stellar customer service on online guest reviews and the ability of a hotel to sell its products online.
  • sales departments
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  • understand the advantages of using e-distribution channels to aid travel agents and offline sales and get involved in the process
  • But hotels are trying to use e-marketing more effectively as well as focusing on social media outlets to lure prospective customers to their direct channels
  • At the end of the day, the channels that provide the most conducive environments to consumers (i.e. price, ease of use, accessibility) will win the business.
  • What do you think is the most critical aspect of integrating e-commerce into a hotel's overall business strategy?
  • Maximising direct business is most critical as it is the most profitable strategy for a hotel.
  • Ratings and reviews are a trend that is becoming more and more important. I've read that nearly 50% of consumers won't choose a hotel until they read a review. Hotels and brands need to consider this.
  • Earlier this year, an e-commerce professional mentioned that customers do not like pre-made packages, they love to package themselves by cherry picking on different sites.
  • The packaging site of tomorrow could just be a travel shopping cart that lets you add different components from different sites then price it for you when you are ready and even finding the lowest price and you are ready to book.
  • Price and quality are now more transparent than ever and sites that are more transparent will enjoy more conversions
  • Online travel shopping is still in its infancy. What we need to do is facilitate what consumers really want.
  • As an industry, we are not very sophisticated regarding our need for and requirement of intermediaries. In dire times, we are very aggressive with them
  • we must understand the true cost of bookings through each channel.
  • We need to understand when we need them and when we don't so we can minimise cannibalisation.
  • We need balance. There should be a partnership. It's unfortunate that intermediaries feel they need to cannibalise. Margin and share of business needs to be fair for both entities.
  • Which according to you is going to be biggest development in the travel distribution space this year?
  • Mobile. There has been quite a bit of traction, and we have plans of our own for this space.
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    This interview talks to Gareth Gaston, senior VP of Global E-comerse in the Wyndham Hotel Group, about recent trends in E-comerse.He believes that E-comerse should be apart of every department in the hotel, Front Office, Sales, Marketing, and the departments should help the Online Travel Agencies to draw more guest. Mr. Gaston believes that hotels need to start to create a partnership with online travel agencys(OTA) and begin to create a better system for price consolidations online rather than fight them at every turn for overbooking or under-pricing.
Dalton Draper

Tech Trends: In-Room Telephones | Hotel Management - 2 views

  • Although much in-room telephone development has focused on the move to VoIP technology, there are still ways to upgrade the telephone hardware to continue to satisfy guests and protect the bottom line.
  • Bittel Americas is the integration of the phone, alarm and dock with USB port.
  • “I’d rather leave my iPhone on the nightstand than on the desk. We recognized this as a universal issue for all hotels and figured there’s something we can do to provide an integrated device that includes a phone, alarm, mp3 iPhone dock and so on.
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  • adding a desktop device, but it takes up too much space
  • very little revenue comes from phones. The less money hoteliers spend maintaining phones, the better.”
  • That’s people’s content on there, they have almost all their info at their fingertips on that device. … An in-room device probably makes more sense if we were to design our product in such a way that works well with these smartphones instead of trying to compete against them.”
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    This article talks about how hotels are trying to upgrade the in room phones to better serve the guest they receive. They have started to think of ways to integrate the phones to have USB ports for charging smart phones or thinking of ways to actually have a tablet available on the night stand. Some companies have even decided to downgrade their phones to save on maintaince cost since most people have smart phones or tablets with all their information on it.
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