Why businesses must use barcode tracking systems
We are all surrounded by barcodes whether we know it or not. From the goods you purchase at stores, to mail, and to identification cards, those small images of lines or bars are not simply mere lines. They are encoded with information for identification purpose. Barcode technology has become so mainstream that consumers don’t even tend to take notice of it but nonetheless it continues to beep its countless benefits for a variety of industries.
Radiate productivity across your organization with barcode tracking
Productivity is critical to the success of a business. When you are productive, you will remain competitive in a business environment roaring and slashing with challenges. It is a MUST to remain competitive to be successful in today’s business landscape. Barcode tracking technology helps to improve the bottom line and zealously meet competitive challenges your organization has to face every single day. The perfect duo of barcodes and data collection technology offers accurate, efficient and faster way of collecting, processing, transmitting, recording and managing data in different industries. When you have better and more information, you can get your hands on better opportunities to scale up and get the jump on the competition.
Barcode tracking solutions have showered businesses with countless benefits and it is this technology that paved way for globally connected distribution channels you are able to witness today. Big corporations like Walmart are able to ensure that they have products that are properly priced and stocked around the world. This vital tool is increasingly helping small and medium businesses as well along with government agencies and hospitals to track their valuable assets, improve efficiency and increase productivity.
Let’s explore some of the ways barcode tracking improves productivity and eventually efficiency and profitability.
1. It is accurate and time-saving
When businesses were not familiar with barcode technology, they had to completely depend on clerks to enter information about products manually. These products were used by different members several times increasing the chances of human error. You can probably imagine all the data chaos businesses went through. However, barcode technology accurately reads the encoded information and cancels out the possibility of human error. Your workers can easily identify products with a higher rate of accuracy. With barcode scanner’s error rate of 1 error in 36 trillion characters compared to 1 error per 300 characters with human data entry puts barcode tracking on a hot seat in today’s business world.
Barcode tracking saves you time for other important revenue generating tasks in your business.
Just like accuracy, productivity is closely tied to the string of time factor when it comes to business processes. When you are able to perform more business processes in lesser time and that too with ultimate accuracy, your productivity automatically improves. Let’s take an example of a shipment of 20 cartons. Now, this is going to take more than 10 minutes or more to jot down serial numbers and product codes compared to 10 to 20 seconds scanning time of barcode technology. With busy operations going on, it can be a mighty savior for businesses. Also, you don’t have to spend too much time to train your employees. It’s easy-to-use!
2. It increases the overall operational efficiency
Barcodes allow faster and more accurate recording of information which means work in progress can be tracked precisely. An organization sure is a maze of different tools, equipment, and departments. You sure have to spend a lot of time in tracking down status and location of projects, materials, instruments, folders, documents, or simply anything that moves within the maze of your organization. Barcode tracking offers you with a better way of taking the plunge and tracking your important assets. It gives you the ability to save time and respond faster to any change and inquiry.
Earlier, barcode scanning could only be applied to item tracking, inventory, and point of sale. As of now, this application is extended and includes more advanced applications. It can help you track quality control, attendance, access control to secure areas, shipping and receiving, document and project tracking, sorting and order entry. Such an expansion has resulted in an immeasurable increase in productivity. It links warehousing, sales, service, and production to information systems on a real-time basis. As a result, wholesale distributors, service providers, manufacturers, logistics companies and retailers are able to pump up their productivity and operational efficiencies.
3. It tightens your grip on your inventory
Companies who still don’t let go of cumbersome spreadsheets have clerks who often spend quite a lot of time examining items, reading identification information and making corrections if the data is not keyed properly. Want to hold on to the strings of your inventory real tight? Manual tracking of inventory sure is a tiresome and time-consuming method. The same clerks can utilize barcode technology in a retail environment and ring up hundreds and thousands of products only within in minutes. Apply barcodes to each and every item of your inventory and use a portable scanner to track shipping and receiving inventory.
Barcode technology enables efficient tracking of each and every product you have increased overall productivity across your organization.
Different industries can utilize this technology to give a boost to their productivity levels. For example, transportation companies scan barcodes when they accept cargo and then scan it again when delivering it. Similarly, a warehouse can scan barcodes on its inventory as it comes and goes from the facility to maintain a record of every item that is housed at the warehouse. The data collected from barcode scanners can then be uploaded to a central computer system either in real-time or at regular intervals. With such accurate and real-time inventory updates, the company can maintain their stock levels and eventually reduce carrying costs.
Want to learn more about our barcode asset tracking software?
EZOfficeInventory is a leading barcode asset tracking software that is used by different industries of all sizes. Boost up your productivity and maintain your profit margins!