Business Services Industry

Ikea Choose Point Of Sale Software.(Brief Article)(Statistical Data Included)

Israel Business Today, August, 1999

The big Swedish furniture company Ikea (that owns more than 120 retail furniture stores around the world) signed a multi million dollar software supply contract with Israeli based Point of Sale Software Ltd. The Israeli company supplies retailing software to shops and restaurants that automates a retailer's operation including ordering.

inventory control, billing, delivery, and reporting. Ikea has already installed software systems from Point of Sale in 20 stores across Europe and plans to have the software operating in the rest of its stores by the end of 2001. The software system is expected to help the company increase profits by cutting inventory turnover time, better and faster information flow, faster management reaction, and reducing the number of...

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