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Hybrid Merchandising- Point of Sale Application. Purpose the Project l Empower small businesses to maximize profits. l Enable small businesses to compete.

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Presentation on theme: "Hybrid Merchandising- Point of Sale Application. Purpose the Project l Empower small businesses to maximize profits. l Enable small businesses to compete."— Presentation transcript:

1 Hybrid Merchandising- Point of Sale Application

2 Purpose the Project l Empower small businesses to maximize profits. l Enable small businesses to compete technologically with larger, well funded organizations. l Promote competition.

3 Scope of the Project l Design an application that can track the following: Stock-On-Hand (SOH). Buying Trends. Sales (Daily, Weekly, Monthly, etc.).

4 Stock-On-Hand Functionality l Monitor and track the inventory on hand for all items within the store.

5 Stock-On-Hand Business Rule If an item fall below a threshold, mark that item for re-order. If an item is over-stocked, suspend re-order and possibly discount the item. If an item is being discontinued, mark the item as a clearance item.

6 Buying Trend Functionality What items are being bought in combination with one another. Monitor when the item is bought (time of day, day of week, etc.).

7 Buying Trend Business Rule l An item or group of items need to be purchased during a specific period of time (time / day combination).

8 Sales Functionality Monitor which items are being sold. At what price are consumers willing to buy the item. Track the sales history of a particular item for forecasting.

9 Sales Business Rule l An item has to be sold to a consumer (i.e. not stolen or sent back to the supplier).

10 Future Enhancements l Product-Location Tracking - the ability to track what items are being sold in relation to where they are within the store. l Seasonal-Trend Tracking - monitor items that are being sold most frequently during a particular season.

11 Project Design Inference Engine (Agent) Knowledge Base Cloudscape Database DOS Command Prompt

12 Development Tools l Java Programming Language. l NARL development tool to represent a semantic model of the data-base. l NARL Rule Manager to build rules for SOH, Buying Trend, and Sales tracking. l Cloudscape Data-Base (partially based on the National Retail Foundation Model (NRF)).

13 Current Status l Already have the data-base and data scripts to populate the tables. l Looking into the JdbcMetadataMgr to get at the data-base. l Looking into the NarlRuleMgr class to setup the rules needed. l Overall, there is plenty of work to do, but I’m confident in completion of the project.


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