Benefits of barcoding in supply chain automationA Story by SonamA barcode is a machine-readable representation of numbers and characters. It's made up of different thicknesses and heights of vertical black lines, white space, and numerals in a square or rectangle.A barcode is a machine readable
representation of numbers and characters. It's made up of different thicknesses
and heights of vertical black lines, white space, and numerals in a square or
rectangle. This pattern of black and white bars can be translated into
information that your retail point of sale system can understand using a barcode
scanner. In a typical warehouse
or distribution setting, the barcoding process captures various attributes of a
product such as size, color, location, and so on, so that businesses can gain a
comprehensive understanding of their current inventory, quickly fulfill orders,
and complete physical inventory counts. In a retail setting, barcodes typically
contain product names and prices. In recent years,
barcodes have increasingly dominated the supply chain, becoming a necessary
tool for organizations to improve inventory control and sales operations while
also increasing product traceability. Without a doubt, this
incredible technology has helped in the growth of several businesses. Barcodes
save organizations a large amount of time, money, and resources because they can
be read by a scanner rather than an employee manually entering product
information. Barcodes also provide
all relevant information in a short time, from simple tasks like determining
when a consumer can expect their delivery to more advanced information like tracking
temperatures in transit. Businesses that depend
on strong supply chains stand to gain strongly by implementing barcodes into
their operations. Asset monitoring, outward storage, inward storage, and item
returns are all common processes in supply chain management. Organizations can
increase the speed and efficiency of their supply chains while also increasing
turnover by incorporating barcoding technology into their business processes.
The following are the benefits
of barcoding as a supply chain automation technology.
Benefits for barcoding in supply
chain automation Inventory management and
optimization Inventory control and
monitoring, as well as stock ordering and distribution, are essential parts of
inventory management. By integrating
barcodes, businesses can make inventory management more reliable and simple
than ever before, opening the way for increased revenue. Better inventory
control also results in faster turnover and lower cash requirements. Barcodes
can help businesses increase inventory visibility and gain a better
understanding of incoming and outgoing shipments. Businesses can also use a
barcode system to track the status of incoming and outgoing goods. Every time an object
moves to a new location, it is scanned, ensuring transparency and reducing the
chance of loss. And if something goes missing, it's a lot easier to find.
Cost reduction Warehouses that do not
use barcoding for scanning and data capture are largely manual, with staff
handling all warehouse activity paperwork such as receipts, inventory
transfers, cycle counts, returns, and so on. In comparison, barcode system take a fraction of the time it
takes to manually enter data. These systems are completely automated, requiring
little to no human intervention. Thanks to automated product identification,
quick recognition, and data implementation via barcodes, processes that would
have taken hours to complete can now be done in minutes.
Data accuracy and error reduction Before the high
deployment of barcode scanners and similar technologies, inventory management
processes were performed manually. To say the least, this procedure was
inefficient and prone to unavoidable human errors. And, without a doubt, such
inventory errors caused significant delays in shipments, orders to be missed,
and commodities to be over or understocked. However, with barcode
technology integrated into supply chains, errors can be corrected in real-time.
This allows for greater data accuracy, which improves process accuracy and
quality.
Digital transformation COVID-19 has increased
digitization in a variety of industries. Businesses are increasingly utilizing
emerging technologies such as artificial intelligence, hybrid cloud, robots,
automation, IoT, blockchain, and so on. And the benefits are self-evident. These
technologies help in the discovery of hidden insights from a variety of data
sources to make better real-time supply chain decisions. Barcoding technology
has been labeled the "gateway" to stronger and more integrated
digitalization for businesses. It's low-hanging fruit that will almost
certainly not only produce results quickly but will also inevitably empower
further digital transformation across the board.
Sundata can help you to succeed in
barcoding technology. Sun Data Processing
Pvt. Ltd. is India's leading provider of efficient supply chain solutions,
which include barcoding. Sundata's innovative technologies provide businesses
with incredible insight into their assets and supply chain analytics, resulting
in increased value creation for both the organization and its customers. Sundata has pioneered
the art and science of barcoding for more than two decades, with over 25 years
of expertise in automatic identification and data capture (AIDC) technology and
broad domain knowledge across industry verticals.
Click here to learn
more about Sun Data Processing Pvt. Ltd. © 2022 Sonam |
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Added on February 15, 2022 Last Updated on February 15, 2022 Tags: Barcode solution provider, Barcode solution, Barcode system, Barcode solution provider in Ind Author
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