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A system where electronic tills are used to process customer transactions in a retail outlet. Local EPOS systems are usually connected to a central computer system, so that financial and inventory-related data can be exchanged between the store and head office, allowing automatic accounting and replenishment.
See also:
Point of sale (POS)
Related terms
Mathematical analysis of perception and preference (MAPP), Randomisation, Standard treatment, Boilerplate, Data processing, Treatment Investigational New Drug (IND), Data sheet, PEEST, Cost per thousand (CPM), Viral marketing, O, Opportunities to hear (OTH), Health technology assessment/appraisal (HTA), Mission statement, Intent to treat,
