Friday, May 12, 2017

Why Your Business Needs A Barcode Warehouse Management System Now

By Susan Bailey


Barcodes are widely used in the retail environment to improve the checkout process for customers. That said, most businesses haven't fully embraced the technology. Many potential areas of application remain unexplored in all but the most tech-savvy retail outlets, especially when it comes to the back end of inventory operations. But how could a barcode warehouse management system benefit your own organization?

In most warehouses, you'll find barcode labels on almost all products. And this is something you could take advantage of; using the tags to track and monitor your shipments will ultimately enhance accountability within your supply chain. Furthermore, linking your database to a suitable online portal will allow you to extend your monitoring capabilities right down to the consumer. At the very least, barcodes could help you reduce overheads related to inventory.

Not only is manually keying in data a painfully cumbersome task, but errors are also quite common. And this is the last thing anyone needs in their logistics operations, where items change hands multiple times. With a barcode system, you can significantly reduce the burden for your staff, while also improving accuracy in record keeping.

With barcodes, scanning and registering shipments is made much simpler. Not only does the technology reduce processing time, but product movement across complex supply lines can also be tracked speedily and accurately. This could be a huge time-saver, especially for businesses that deal with large volumes of inventory. Incorporating such an advanced solution in your logistics department will ultimately allow you to focus your resources on other income-generating activities.

A barcoding system presents a cost-effective solution for your logistics operations. Designing and printing the labels won't cost you much, regardless of how or where you use them. But the cost of implementing the technology appears irrelevant when you consider how much it will be of help in your tax-related operations. Because your current inventory amounts affect your taxable income, the system will definitely make the reporting process much easier. And you'll no longer have to worry about the risk of attracting scrutiny from tax authorities, since the figures you provide will be highly accurate.

Although barcoding can rapidly improve inventory processing, choosing the right system and implementing it properly is crucial in ensuring you reap the benefits. So before you can start comparing your options, first define your company's requirements, and determine the kind of functionality you want your system to have. Figure out which areas will be affected by the new systems, and check whether your existing warehouse management tools can be integrated with the former.

The kind of support you'll be getting from your hardware vendor will determine how well you're able to utilize your newly-acquired system. So make sure you ask about this when interviewing different providers, and whether they'll upgrade your tools to keep abreast with upcoming developments. If you're not sure of how to go about the implementation process, you could hire a consultant to make matters easier.

Your warehouse is one of the most critical components of your logistics network. With the right barcoding system, you could practically make it more accurate, efficient and agile. So don't take too much time trying to figure the details out; start looking for a platform that will fit the needs of your distribution center today.




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