Barcode is a visual representation of symbols, numbers, and letters that can be encoded in white and black areas. Businesses use the Barcode stock management system for assigning individual numbers to every product they sell and transact. This is considered one of the best ways to scan, track and manage inventory.
Do you know you can find barcodes in the stockroom or bin kept on a shelf? So, technically, when a product is placed in any location, one can easily scan and collect the details of the product and location code. Through this, Barcode Traceability System will help you in recording the location data.
Different types of barcode scanners are available for reading and encoding information by a central computer system. Let say, purchase order includes a broad list of details for shipment and packaging. Through barcode inventory management, you can pull out data regarding the location of items, track delivery number and address and can add or remove items if you don’t tally with the stock items. So, everything gets centralized in tandem for providing businesses with real-time inventory tracking data points.
Why should you implement an inventory system with barcodes?
Inventory management systems are vital to ensure quality control in businesses and automate the process of store checkout by using wireless technology. It does not improve operational transactions but also boosts bottom line in the long term. Let’s discuss in detail why every business verticals must implement inventory system with barcode
Doesn’t involve many technicalities
Are you new to Inventory control systems? Well, there is a misconception among people that compared to barcodes, an excel spreadsheet is easier to implement. However, in the general case, implementing an inventory system with barcodes is quite simple and easier.
It avoids the hassle of manually implementing thousands of products in a day. All you need to do is scan the product, add the information and easily retrieve information in real-time.
Universally implemented
Barcode Technology is a worthy investment that will let you reap the heap in the long term with exponential benefits. This technology is universally available and can be implemented without any kind of additional hassle. Many businessmen face issues like loss or misplacement of products, and damaged inventory. But, with this Tracking management system, you can scrutinize and maintain every pile of detail that ultimately improves customer satisfaction by delivering the right product at the right time.
Accuracy
Earlier employees were in charge of checking individual items and recording them manually for vouching purposes. This used to be quite time-consuming and often led to many human errors. However, with the advancement of technology, you can learn about your products, where they are kept, expiry data, time to refill the rack and many others with just one scan.
Besides that, it contributes to minimizing human error since barcodes are fully covered with an automation process. Every business objective is to meet the demand and requirements of customers at the right point in time. You can hire professionals to integrate your business with a 100% barcode-based inventory system.
Provides security
Security is the major concern when using any technology for business purposes. After all, it’s a matter of customer safety and security. From pharmaceuticals to manufacturing and health care sectors, barcoding has become a one-stop solution for data traceability within the secure premises.
Did we mention barcodes in the inventory management system are fully traceable and auditable? Yes, it promotes threat deterrence and demonstrates a reduction in liability and loss.
How to Use Barcodes for Your Business’s warehouse?
Barcodes are completely different from printing a bunch of stickers and pasting them on respective items. It involves solid planning and well-thought-out organization to get the desired impact. Take a note of a few things while using barcodes for your business’s stock-
- There should be standardized and disciplined patterns of codes for a set of products. This could be a smarter move. For instance, you can code ‘A’ for all the cosmetics and accordingly ‘A1’ for lipsticks, ‘A2’ for talcum powder, and so on. This will keep things organized and easy to recall.
- Secondly, you must label every item with their specific range of quantities they are sold. Like, mention box, piece, or pallet on the top.
Thus, Labelling and tracking could be a serious mess if you don’t use Barcodes in an inventory management system. Through this, you can have faster and more reliable access to asset data for making time-sensitive decisions to achieve the best quality.
Give it a try and revolutionize your business today!