Percy Ingle Bakeries began migrating from cash registers to electronic point of sale (EPoS) three years ago. But the 50-shop group did not get the required returns and its project to roll it out across the London and Essex estate stalled two years later.Following this, EPOS Group installed bakery shop-specific Quantum EPoS in an initial eight of Percy Ingle’s sites and the chain prepared a tender for software and hardware across the rest of the estate. EPOS Group won the contract to supply Quantum running on PC-based touch-screen terminals from J2 Retail Systems. And Quantum, tightly integrated with RedBlack Software’s CyBake Touch (see below), has enabled Percy Ingle’s bakers to manage production volumes based on historical sales performance. The new configuration has been rolled out and a rapid return on investment is anticipated.Affordable and easy to useNowadays, anyone should be able to use EPoS, because modern solutions are “affordable, scaleable and easy to use”, says Trevor Claybrough, director of UK-based EPoS software company AlfaRichi. The total cost should not be more than £500, including a receipt printer and cash draw, along with tablet computer and monthly software plan, he says.Claybrough explains that modern systems have a web-based back office, so there is no need for a dedicated back office computer or server, no expensive information technology maintenance costs and no worries about backing up data because the company that provides the EPoS does that. “The back office is accessed from any computer using a web browser, and sales data from all shops is available in real time,” he says.EPOS Group points out that technological developments have meant that smaller retailers can benefit from the sort of advantages larger multiples have traditionally enjoyed. Steve Boyes, managing director, says: “The key is that customer-built and expensive grand technical solutions have been replaced by specialist companies working closely together, with each delivering part of the puzzle that make an off-the-shelf solution.”Richard Heitmann, head of UK sales at J2 Retail Systems, says low total cost of ownership is critical, noting that retailers increasingly take into account life-cycle costs, including reliability and serviceability when investing in new EPoS. This can amount to three to five times the initial investment, Heitmann estimates. That is why, says the company, it has introduced innovations that significantly drive down life-cycle costs. J2 has launched the J2 680, which Heitmann describes as “the most powerful touchscreen EPoS ever made”. He redefines what retail bakers can expect from EPoS by processing massive product databases quickly and with an ability to run the most demanding point-of-sale applications.AlfaRichi says its Android PoS solution includes AlfaPoint front end and AlfaLine web-based back end. These come with, for example, data storage and online access to data using a web browser, scaleability and compatibility, real-time control over any part of the business from a single shop to more than 100, staff management, sales and profits report, price management, discounts and promotions, ordering, deliveries and invoicing.Linked by TouchRedBlack Software’s CyBake Touch stand-alone solution, runs on EPoS tills to provide a link between head office and bakers’ retail outlets via the internet. It is designed to reduce waste and increase shop profits by improving ordering quality and reducing time spent on daily ordering routines. Martin Coyle, sales manager, explains that the automatic ordering system replaces the need for dedicated office staff to take phone orders from multiple branches. “It’s a leap of faith to take that away from a manual job and let a computer do it all for them.” But when people try it, they say they reduce waste, save time and increase profits, he says.
Specialists from Harvard’s academic departments spent a day with Harvard Management Company (HMC) fund managers, who oversee investment of the University’s endowment and pension funds, to provide an overview of one of the biggest emerging markets: China.Dubbed “China Day,” the December session was organized by HMC to take advantage of the expertise in the broader University. HMC President Jane Mendillo opened the event, saying that China not only plays an important role in the global economy, it is also increasingly important in Harvard’s investment portfolio.“As a global investor, HMC continually explores investment opportunities beyond traditional markets across our portfolio, and we are convinced that continuing to develop a sophisticated investment strategy in China will give us an important edge going forward,” Mendillo said. “HMC is committed to deepening our understanding of, and expertise in, this critical market.”The event featured 22 speakers, including Chinese Vice Minister of Commerce Fu Ziying, a visiting fellow at the Harvard Kennedy School this year. Also included were representatives from private capital and investment banking firms and faculty members or fellows from Harvard, Yale University, Peking University, Northwestern University, and the Massachusetts Institute of Technology.Harvard speakers included William Kirby, former dean of the Faculty of Arts and Sciences and chairman of the Harvard China Fund, who is also the Chang Professor of China Studies and the Spangler Family Professor of Business Administration; former Harvard Business School Dean Jay Light, the Baker Professor of Administration Emeritus and an HMC director; William Alford, the Stimson Professor of Law and director of the East Asian Legal Studies Program; and Richard Cooper, Boas Professor of International Economics.Alford, who chaired one of the event’s panels, said the whole day was very thoughtful and open. He was particularly impressed at the presentations by Chinese officials who gave particularly frank descriptions of their country, presenting both good and bad.“They were very thoughtful, forthcoming, and fair,” Alford said.Alford’s panel discussed mega-trends in Chinese society, such as the migration of millions from rural areas to the cities and the industrialized south. A major question, he said, is whether Chinese legal and political institutions will be able to meet their needs and answer those with legitimate grievances well enough to keep conflict off the streets.Alford hadn’t dealt with HMC before the event, but said he’s thankful for HMC’s work and its impact on Harvard’s academic programs.“I’m really grateful for what they do. It makes possible what we do,” Alford said.Andrew Wiltshire, HMC’s managing director and head of external management, said the day was informative and highlighted both the risks and opportunities in the world’s largest nation.“The opportunity set there is greater and rather more complex than I had imagined,” Wiltshire said.Stephen Blyth, also a managing director and HMC’s head of internal management, said the day was packed with speakers from a range of fields and highlighted not only what’s going on in China today, but also the breadth of Harvard’s connections with the nation.Blyth took away a similar message, saying the session increased his understanding of how complex China is. One cautionary note, Blyth said, is that China treats contracts and business law differently than the United States does, so any investor needs to do much more work to ensure that the terms and rules of any potential transaction are clear.In addition, information flows are not as transparent as in Western industrialized nations, so outsiders have to consider whether risks might be understated or growth projections too generous.Blyth said the event was valuable in that it was nuanced, presenting the good, the bad, and the in-between about China’s economy, history, and business climate.In his lunchtime keynote address, Stephen Roach, the nonexecutive chairman of Morgan Stanley Asia and senior fellow at Yale’s Jackson Institute for Global Affairs, talked about China’s transition to a consumer-driven economy and the challenges of sustaining growth and maintaining social stability.Mendillo said there might be future sessions in which HMC taps the expertise of the University community in a particular area or industry sector.“Obviously, there are so many brilliant minds at the University. To bring the academic viewpoint and the investment viewpoint together was very powerful,” said Mendillo.
Red Bull and Honda protege Yuki Tsonoda completed the 300km towards F1 superlicence in wet and dry conditions at Imola; Tsunoda, third in the F2 standings, is being evaluated for a possible AlphaTauri drive in the 2021 season next to Pierre Gasly By James GallowayLast Updated: 04/11/20 6:52pm – Advertisement – Japan’s Yuki Tsunoda has made his debut behind the wheel of a Formula 1 car ahead of a possible full-time drive with AlphaTauri next year.The F2 driver, who is third in the feeder series’ standings, completed a first test at Imola with the team’s 2018 car on Wednesday amid changeable conditions.Tsunoda, 20, is a member of Red Bull’s young driver programme and also backed by Honda, who supply engines to both AlphaTauri and Red Bull until the end of next year.- Advertisement –
AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREUCLA alum Kenny Clark signs four-year contract extension with PackersThe Lakers have recently begun to acknowledge the strain of missing their families. Particularly older players with children like Morris are eager to have some together time. But even Kyle Kuzma, who doesn’t have his own family but is close with his mother, said he is looking forward to having some family time.“I can’t wait,” he said. “Obviously, this is a great experience. They’ve done an unbelievable job of really supervising and managing just how the bubble works, the ins and outs. They’ve done a great job, but at the same time, we’re all human and we all have our whole families and loved ones that we want to see and be around.”It wasn’t good news for everyone: Coaches and other staff won’t be able to have guests, which Frank Vogel, who has a wife and two adolescent daughters, said he accepts, even if it’s not what he and his staff hoped for.“I understand the league’s decision,” he said. “It’s really one of those things completely out of our control, so I don’t spend a lot of time thinking about it. But for our guys to be able to see their families, I will be very happy for them.”It’s not clear how long families will stay. Morris voiced concern that there isn’t much for children to do on the Disney campus. Attractions and rides aren’t open to people in the bubble, and outside of outdoor activities like fishing and pool access, it might be hard to keep kids occupied for a month or longer. To this point, the bubble has been a workplace with only adults present. But as players have been getting more antsy for home, seeing their loved ones for any time at all will have value, they said. There has been chatter that part, if not all, of the next NBA season could be played in a bubble, and players hope the NBA can figure out more family access if that’s the case.“I think that’s part and piece to making bubbles work for now and the future, having a way for us to see our families and stuff,” Kuzma said. “That’s probably just the toughest thing. But obviously having our families around will probably relieve a lot less tension that we have around here. Not saying we have tension, but just a league-wide stance.”Keeping an eye on No. 8Just like the rest of the NBA world, the Lakers are keeping a close watch on the race to the Western Conference’s No. 8 seed.Unlike most others though, the Lakers aren’t actually enjoying it.Vogel said his assistants are all live scouting the games for the Memphis Grizzlies, Portland Trail Blazers, Phoenix Suns and San Antonio Spurs because it isn’t clear yet which among those teams is actually going to emerge. While it’s made for compelling basketball, it’s less ideal for the Lakers, who would like to actually be able to focus on one opponent.Vogel echoed LeBron James’ sentiments after a Monday win over Denver that the Lakers weren’t yet in “playoff mode” in part because they can’t hunker down to focus on one team.“Playoff mode is, ‘OK, this is the team we have to beat and let’s be completely consumed with beating them.’ And until you know that, you can’t fully be immersed in that.”By the end of Thursday’s games, the play-in spots should be decided. The No. 8 team needs to win once to get in; the No. 9 team needs to win twice.Vogel has experience with being on the losing side of the eight seed. In the 2014-15 season, his Pacers were tied in the East for the eighth-best record but lost to Brooklyn on tiebreakers. But even he said he’s a traditionalist in the playoff format.Morris, on the other hand, said he was all for future play-in games.“Dame (Lillard) made a point before he got here, if we’re gonna be in the bubble at least give us a chance to try to get in the playoffs, which made a lot of sense for the teams that was here,” he said. “It’s cool. I think that’s a good thing to do for them. Especially for what happened anyways, they didn’t really get a chance to try and get to the playoffs. I think it’s perfect.”The Blazers (5-2 in the bubble) and the Suns (7-0) are two of the hottest teams of the restart, with both Lillard and Devin Booker representing elite scoring threats that could challenge the Lakers’ perimeter. But Kuzma said the Lakers aren’t especially concerned if Lillard, who scored 61 points on Tuesday night in a win over the Mavericks, and his Blazers are the first-round matchup.“I think that anytime you can be tested early in the playoffs, it’s going to help you out in other rounds,” he said. “So obviously them getting the eighth seed would be a very tough matchup for us. Dame presents a lot of the challenges because he’s an excellent player all-around. You see the shot-making, but his leadership and everything else. No, I don’t think it’s worst-case scenario because we’re war ready. We’re ready to play anybody.” LAKE BUENA VISTA, Fla. — Markieff Morris is ready to see his daughter again.He sees her now, over FaceTime, as the almost-3-year-old Jyzelle is clamoring to see him, too. That should happen as early as Aug. 31, when players in the NBA bubble can bring family members and other close loved ones as guests.“I already know she’s gonna go crazy,” he said. “She’ll do anything to see me, so it is what it is.”ESPN was first to report that the NBA had released an updated memo about player guests, who should start arriving during the first round of the playoffs to be quarantined. Players on second-round playoff teams will be permitted up to four guests, with additional spots allowed for children. The memo outlined that all guests must have “an established pre-existing, personal and known relationship,” and is restricting agents, personal chefs and other specialty service employees who could create imbalances in the bubble. Newsroom GuidelinesNews TipsContact UsReport an Error