4 Top Benefits of Barcodes

    6 Feb by MTM Team

    Barcodes are not given their due as a viable cost-cutting and time-saving mechanism. The fact remains that they are a useful and reliable option that could help businesses increase their efficiency, reduce overheads, and save on valuable resources. They allow faster and more accurate recording of information, speeding up the pace of the entire work process.

    Some of the important benefits of barcodes to customers include:

    1. Low error rates

    Manual entry of data always carries the risk of human error. The typical human data entry error rate is 1 per 300 characters. In comparison, barcode scanners have an error rate of 1 per 36 trillion characters.

    Clerical and data entry errors could lead to major problems. Unhappy customers, extra time and effort spent on tracking down issues, and additional freight costs are some of the setbacks it could lead to. But they can have more drastic consequences as well—for instance, consider the importance of accuracy in blood bank applications. Barcodes lower error rates and augment the reliability of entered data to a considerable extent.

    2. Saves time

    A barcode system solution for warehouse in Brisbane saves companies valuable training time as it does not take much time and effort to teach employees the nuances of working with a hand-held barcode reader. It also eliminates the need for workers to gain familiarity with the entire inventory or the pricing procedure. The amount of overall savings is considerable as you neither need to spend much on training employees, nor engage additional staff to conduct the training.

    3. Lower print and design costs

    Another important advantage of barcodes is that they are inexpensive to design and print. They can be used on a variety of products and for several purposes. They are fully customisable, which means you can have them printed on materials and surfaces of your choice without having to spend a fortune.

    A key benefit of barcodes is their versatility. You can use them for an extensive array of data collection work like pricing or inventory information. Since they can be attached to just about any surface, they can be used for tracking outgoing shipments and equipment apart from other 3PL transport logistics needs.

    4. Inventory management

    Barcodes offer considerable help in inventory management. Since the barcode system allows the precise tracking of inventory, it is always possible to maintain a lean inventory level. This translates into lower overheads. Since it also facilitates equipment tracking, the time spent on locating a piece of equipment is significantly reduced. It also stops you from purchasing equipment which you presume to be lost owing to your inability to locate it.

    Barcodes facilitate easy entry and retrieval of data. Since the information of barcode is scanned directly into the central computer, you can access it instantly.

    Since barcodes permit faster and more accurate recording of information, work in process can move quickly and be tracked correctly.

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