Call Us: +61 3 9545 0404
Warehouse Management Software - The RIC Group - Inventory Software
  • Home
  • Solutions
    • Warehouse Management >
      • WMS for SAP Business One
      • WMS for Acumatica
      • WMS for MYOB Advanced
      • WMS for MYOB EXO
      • WMS for Sage 300
      • WMS for MYOB AccountRight Live
      • WMS for Tencia
      • WMS for Odoo
      • WMS for 3PL
    • Transport Management System
    • Journey - Intelligently Different
  • Support
  • Blog
  • Success Stories
  • About
    • Our Values
    • Consulting Division
    • DevOps
    • Intelligent Cloud Insights
    • Case Studies
    • GS1 Standards
  • Contact Us

The RIC Group Blog


Barcoding 101

23/1/2016


 
Barcoding, a form of keyless data entry facilitating automatic identifcation and data collection. Barcoding and related technologies have been used in manufacturing compaies for shipping and receiving operations for more than 40 years. Now barcoding has spread throughout the enterprise to include warehousing, accounting and customer service functions, time and attendance, and package delivery, as well as the assembly line operation iteself.

​In all these applications, the motivation to begin barcoding is the same: improve data management and accessibility and reduce costs. Today, many manual data entry tasks have been replaced by barcoding.


Improved data is the single most common motviation for implementing a barcode soution. Often the backbone of operations, data entry enables a company to produce accurate reports and predictions about future needs and actions. With data entry playing such a critical role in a company's operations, it is important to identify the extent to which data entry errors are tolerated.

Companies with integrated barcoding systems that enable users to scan barcodes rather than type numbers are commonly achieving 99 percent data accuracy. Barcoding is the most cost-effective tool that these organisations have to ensure data credibility and thereby greatly reduce the impact of human error.

Barcoding only generates a profit when supported by improved processes. When considering barcode implementation, every possible process improvement should be evaluated. The initial cost savings companies discover after implementating an barcode solution include labour cost reduction, improved customer service and supplier reponse times, better capital and inventory management, more efficient space mangagement and lower equipment costs.

In addition to apparent savings, each of these areas also produces several hidden savings that must be considered during the cost analysis, though the answers may not surface until the implementation is complete.
​
Contact The RIC Group to talk further on barcoding.

Comments are closed.

    Archives

    February 2021
    January 2021
    December 2020
    October 2020
    September 2020
    August 2020
    July 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    July 2015
    June 2015
    May 2015
    April 2015
    February 2015
    December 2014

Copyright © 2021 The RIC Group,
All Rights Reserved

Privacy Statement - Website Terms of Use
  • Home
  • Solutions
    • Warehouse Management >
      • WMS for SAP Business One
      • WMS for Acumatica
      • WMS for MYOB Advanced
      • WMS for MYOB EXO
      • WMS for Sage 300
      • WMS for MYOB AccountRight Live
      • WMS for Tencia
      • WMS for Odoo
      • WMS for 3PL
    • Transport Management System
    • Journey - Intelligently Different
  • Support
  • Blog
  • Success Stories
  • About
    • Our Values
    • Consulting Division
    • DevOps
    • Intelligent Cloud Insights
    • Case Studies
    • GS1 Standards
  • Contact Us