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They also have developed a Retail Enterprise Management System. Point of Service Procedures also captures all report s of retail sales in detail and each cash register transmits information directly to the General Ledger, Electronic Payment Clearing House and Purchasing Function. As well, merchandise inventory is kept up to date through this system and reports of net profits per sale daily are calculated. These advances could not have taken place without the advancement of technology. Advancing technology will enhance Kudler’s competitive intelligence and their ability to continue to drive business performance by increasing their market knowledge and raising the quality of strategic planning with an ability to modify when needed (Turban 2003...
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