Restaurant & Bar Solutions
By: Kenneth & Wann
SWOT Analysis
Weaknesses•Only on iOS•Hardware is expensive for start-ups•Mobile devices battery power•POS mobile devices are not new
Strengths•Complete solution•Advanced features•Pricing is cheap •Eliminate middleman/vendors•Can use existing hardware•Worldwide
Opportunities•Credit card reader•Small scale version for small eateries•Retail outlet version •Android version with cross-compatibility•Entry into Asia
Threats•Tons of POS software available in Appstore with similar features•Direct competitor: Octopus POS•Platform dependency on iOS
Incremental Innovations
• Business Report to Business Analytics (w/ Intelligence)• CRM• Inventory Management – auto-ROP
• Touchcode-enabled or QR code receipts for easy payment and self checkouts
• Paperless receipts
Other Recommendations
• Complementary product sales with Apple
• Hardware leasing
• Revamp the website• Features, simulation or online demo
• Food and retail packages
• Incorporation with a shelf-management software for retail
Asian Ventures - Singapore
• Change from traditional POS to new and innovative ones
• Competition is not yet intense
• Factors to be considered • Population• Economy• Retail Landscape• Technology
Singapore Ventures
• 5 million population• Top economy in Asia• Ranked 10th in retail landscape• 5th largest buyers of iPads, per capita• Strategize tailor according to business needs
• Unique selling point
Internships
• Software Development & Project Management
• Business Analytics• Processes Management• Retail Operations• Market Research
Skills
• Assisting in Asian market venture
• Assisting in daily operations
Responsibilities
May - July 2013
SUMMER INTERNSHIP
Interested Applicants:Malcom, Rosalind, Yao GuangMoe Hein, Wann