6/18/2023 0 Comments Barcode and inventory managementAll of these are issues that can be addressed by implementing a barcode system. Any of these issues can cost a business both time and money! Manually handling inventory also increases operating expenses, taking up vast amounts of time and creating a large margin for human error. Without proper inventory tracking and control, your business could miss out on sales, lose inventory to shrinkage and undetected theft, or experience product spoilage. The reality of inventory management is that it can be a difficult and time-consuming undertaking. How do you track what is coming in and out? How do you know which of these items are performing well and which are not selling? If any of your items are perishable, how do you keep track of which need to be pulled from inventory first? You thought you had more of this product in stock, where did it go? Using barcodes in inventory management can help. With any size inventory there are several challenges to consider. The online retail giant Amazon opened a fulfillment center in Ruskin, Florida that measures 1.1 million square feet in 2016! A “Mom and Pop” grocery store may have a tiny storage space in comparison, but each of these businesses will experience tracking issues. ![]() ![]() Inventory warehouses and distribution centers can contain hundreds of thousands of square feet of space filled with row after row of shelved items.
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