Inventory management is vital to your business’s operation. Understanding what you have, where it is in your warehouse, and when stock is going in and out can help lower costs and speed up fulfillment. Maintaining the right balance of stock in your warehouses is essential to build trust with your customers. You don’t want to lose a sale because you didn’t have enough inventory to fill an order. After all, inventory issues can drive customers to other suppliers entirely. However, when you have control over your inventory, you’re able to provide better customer service and faster turnaround times.
Barcoding has become a popular and efficient way of controlling inventory throughout the manufacturing process and is widely used in many industries. Implementing a warehouse system that’s designed for barcode scanners can streamline a warehouse’s operations. The system will integrate the department with the rest of the business. As a result, you will save your team time, and reduce errors.
In 2016, Premier implemented inventory management utilizing barcodes. While the process took a great deal of time and training, the benefits certainly outweighed the effort. After three years of use, we’ve reflected on the benefits and the way inventory management software, along with barcodes, has improved day-to-day operations.
It’s a Time Saver
Bottom line: it saves time. When the inventory in your warehouse is not organized with an automated system, employees will spend too much time inputting data or writing down inventory, as well as physical searching for items in the warehouse.
While the process may seem daunting, once implemented it is simple to use. Each inventory items has a unique barcode label, information can be added to items in inventory and associated data can be recalled with one quick and simple scan. Inventory can be viewed in real time, anytime with one scan.
It Eliminates Error
Inputting data manually has a lot of room for error. There are guaranteed to be errors when manually entering thousands of numbers each day. However, when using a barcode scanner, the process is automated and errors are rare. Eliminating these data mistakes avoids delayed shipments, over/under ordering and wasted time.
Don’t wait until your business is faced with an inventory crisis before implementing barcodes. Adopting a barcode inventory management system can help your company function more efficiently today. This streamlined solution will allow your manufacturing and distribution operations reach new levels of functional accuracy and better visibility.