bar code

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Bar Code

A code placed on a product that a machine can read. Groceries and other products commonly have bar codes on them so a machine can display how much they cost. This ensures accurate prices are paid on retail goods. Bar codes were invented by a graduate student in Philadelphia, Pennsylvania, in 1948.

bar code

an alpha or alpha-numeric code, converted into a series of lines and spaces which are marked on products. Bar coding and the use of bar code scanners enables a firm to obtain accurate data quickly on its STOCK position to help with planning its reordering of goods; and can be used to adjust the prices of goods more easily than by replacing price tags. See EPOS.
References in periodicals archive ?
Some of the competitors identified in the Global (United States, European Union and China) Electronic Funds Transfer Point of Sale (EFTPOS) Terminals Market study include Atos Worldline, Equinox Payments LLC, First Data Corporation, Fujitsu Limited, VeriFone (Formerly Hypercom), Ingenico, Dejavoo, Exadigm, XAC Automation Corp., Panasonic, PAX, Smartpay, NCR, Olivetti & VeriFone Systems.
Adyen has been profitable since 2011, and its rapid growth and enormous potential across both point of sale and online payments globally has attracted investment from across the world.
The criteria for localization of the point of sale are related to the space dimension of geomarketing, which connects geography with the database of the data characterizing the purchasing behaviour of customers (Turhan et al.
White discovered that the market for QuickBooks & QuickBooks Point of Sales payment processing software was dominated by Intuit's Merchant Services.
Despite the apparent detrimental effects of point of sale promotions in promoting cigarette smoking, few jurisdictions have implemented legislation that bans or restricts tobacco point of sale promotions.
Radiant Systems Inc (Nasdaq:RADS) announced on 17 September that it is to be the exclusive provider of point of sale (POS) hardware and software for UltraStar Cinemas at all of its theatre locations.
With DM Assistant, DRC said, P/C insurance companies can offer real-time service for quoting, underwriting rules, and point of sale policy fulfillment.
Helen Davies, systems manager for new point of sale at Waitrose, also said' "We had our own specific requirements for the system and PCMS has developed those changes, but still at its heart, it is very much PCMS' Beanstore product.
The best way to spend promotional dollars is to focus on marketing to the consumer to drive the point of sale. We have partnered with many of our key retailers to do direct marketing campaigns as well as utilizing a team approach in developing promotional opportunities.
We'll investigate that at lot more carefully these days as the characteristics of the exact packaging we need depends on whether we're making a carrier sleeve or a making a point of sale sleeve."
For example, a regional retail chain wanted to eliminate connectivity as a requirement for its point of sale systems.
``Prices also tend to be far lower than those offered at point of sale - in fact the average credit card APR undercuts the average store card APR by almost 10pc.