Barcodes – Generate Benefits and Cost Savings

They’re on the carton of milk we pour into our coffee each morning and on the book we’re reading on our way to work. They have become so ubiquitous that as consumers, we often take them for granted.

Barcodes; businesses everywhere continue to reap the numerous benefits of integrating this simple technology into their everyday operations. Whether your business is big or small, they have the potential to decrease data entry errors, increase productivity and lower your overall operational costs. Let’s explore some of their top benefits:

Accuracy

When it comes to manual data entry, mistakes are bound to happen no matter how thorough your employees may be. The use of barcodes eliminates the need to hand-key data, all but eliminating human error in inventory counting. They offer a reliable way to immediately identify and keep track of packages and products.

With the help of a barcode printer, they are easily created for products which can then be scanned and tracked with the highest possible accuracy.

Speed

Barcodes reduce man hours by using automated data capture. It’s easy to see how simply pointing a scanner at a product is far more efficient than manually examining it and entering identification numbers. For your business, this may mean the ability to ring up several products at the cash register in no time at all, or the ability to quickly scan packages and boxes as they make their way down a conveyer belt!

Inventory or Asset Management

Using barcode printers and scanners can allow for efficient and accurate management of your inventory and assets. Since every product, item or package features a barcode, you’re able to maintain control and track inventory levels. You will also be able to determine product movement and location.

To manage inventory, warehouses can scan packages both as they enter and exit their facility to maintain up-to-date records; retailers can scan products while stocking shelves to populate an inventory database; and transportation companies can scan packages when accepting cargo and again once it has been delivered. This technology allows you to maintain stock levels that meet the demands of you customers.

In the same vein, barcodes can be used to track your company’s assets. For example, if you have a fleet of laptops that you loan to employees, simply use your barcode printer, scan the item and track its movement within the company. You’ll never lose track of your important assets again!

Cost Savings

The use of barcodes has the potential to streamline your business by significantly reducing labor costs. They can also lessen waste and losses in sales due to lack of stock. This kind of system can often be much less expensive than other, more complicated inventory or asset management methods, and is more widely available than ever before. Even small businesses can take advantage of this technology with little more than a barcode printer and an inexpensive scanner.

Whether you’re looking to organize an out of control stock room, or to streamline your processes, this could be the solution for you!

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PiiComm’s Barcode Generator is a free tool to help businesses.

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