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Electronic Cash Register (ECR)
Definition - What does
Electronic Cash Register (ECR)
mean?
An electronic cash register (ECR) is a system designed to enable products to be sold at a retail outlet. Electronic cash registers help large retail outlets track sales, minimize register errors, collect inventory data and much more.
Techopedia explains
Electronic Cash Register (ECR)
An electronic cash register typically processes goods by: Reading the information contained on a product label (usually using a scanner) Checking the price database for the price matching the label information Adding that price to the running total of all products being purchased by the customer Sending data to sales and inventory software after the sale is complete The sales system is incomplete without other software applications that turn ECR data into operational signals, such as an order to ship more or less of a certain product to a location based on sales.
Posted by:
Cory Janssen
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Related Terms
Point of Sale Terminal (POS Terminal)
Brick and Mortar (B&M)
Inventory Software
Enterprise Decision Management (EDM)
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Enterprise
IT Business
Synonyms:
Cash Register
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