Of course you want your business to be running at peak efficiency, but the complexities of the business world often make it difficult to manage all the ins and outs effectively. Inventory plays a huge role in this because it encompasses so much of your business—from raw materials to finished goods to office supplies. These items keep your business running smoothly, but how well do you actually manage them? If you’re still using a manual entry approach for your inventory, you could be exposing your business to decreased productivity levels, higher costs, and unnecessary inventory damage. Barcode labels can help you take a more automated approach to your inventory management.
Update Inventory in Real Time
An accurate inventory system means you can provide more accurate estimates of delivery times, have a better understanding of inventory costs, and achieve better overall price to market. When you use barcode labels, you will be able to scan incoming and outgoing shipments of goods. This will immediately and automatically update your inventory levels, so you have a real reflection of what’s in stock. You won’t have to worry about running out or having too much to store, because you’ll clearly see instant updates.
Manually entering inventory is a time consuming process. It prevents employees from doing more productive tasks, and can often be riddled with mistakes. By upgrading to a system of high quality barcode labels, like those offered by Zebra Technologies, employees can quickly and confidently manage inventory, so you’ll improve efficiency and reduce inventory errors.
Reduce Costs
Using barcode labels to manage your inventory means that you will be able to reduce inventory levels with confidence. This reduces your overhead costs. You can minimize the costs of storing excess inventory, which, for some industries, can eliminate the expenses associated with keeping items heated or cooled.
You’ll also spend less on employee wages because you’ll need fewer people managing your inventory. Instead of searching for inventory items or manually entering hundreds of items, employees can be used for more productive tasks, increasing your overall efficiency.
Access to inventory in real time also means that you’ll be better able to make smart business decisions—from reordering to pricing. Better business decisions will ultimately save your company time and money. Implementing barcode labels can give you the competitive advantage you need to be successful in the industry.
Reduce Inventory Damage and Obsolescence
Whether you’re managing a warehouse, a stock yard, or a small business, you know that protecting your entire inventory is next to impossible. The longer products or supplies sit, the more prone they are to being broken, exposed to the elements, or becoming obsolete. This is expensive and can potentially be avoided by implementing a system of barcode labels. You’ll be able to reduce inventory levels and move products more efficiently, so there are fewer opportunities for damage.
In a bustling supply chain environment, you’ll need barcodes that are able to withstand the wear and tear of shipping, stocking, and moving items. Outdoor stock yards and warehouses or manufacturing plants can be particularly dirty and hot. These environments mandate a high quality barcode label. Genuine Zebra Supplies offer over 100 paper and synthetic labels, so you know you can find a reliable label or tag for your industry. If you can’t find a premade label that’s right for you, Zebra offers custom labels in up to eight colors— in whatever size or material you need.
Barcode labels are a cost effective solution for any application. Making the initial investment will save your business time and money with real-time inventory tracking and reduced shrinkage.
