Before choosing a barcode inventory system, you’ll need to consider several things. First, determine what type of system is right for your business. For example, are you using unique SKUs, or are you planning to integrate them with other applications? Next, consider the capabilities and cost of different barcode inventory systems before deciding on the right one for your business. In addition, consider what you need out of the system.
Cost of barcode tracking system
A barcode tracking system provides automatic product identification, fast recognition, and implementation of data. A barcode system costs just a few cents per label. It can reduce the costs of overhead, labor, and training time. Additionally, it can reduce capital costs associated with carrying excess inventory. Knowing exactly what you have in stock will also benefit your tax situation. Knowing how much you have in inventory will allow you to deduct the inventory cost when filing taxes.
To determine the price of a barcode tracking system, ask yourself how many employees will need it. Large facilities may require more sophisticated software and multiple barcode scanners. However, the cost is usually affordable. Small business owners can purchase a basic system for free. For larger businesses, it may cost up to $200 per month. Ultimately, the cost depends on how advanced you want the system to be and how many barcodes you plan to scan.
While barcode technology is still relatively new, many businesses and modern inventory control solutions have successfully used it. A barcode tracking system can help you reverse some of the negative effects that a lack of inventory has on your business. Eliminating manual data entry can cut costs for small business owners. Businesses of all sizes can also benefit from integrating barcodes and reports into a single system. A barcode tracking system can also serve as a central database for large businesses.
Integration with Other Applications:
Many barcode tracking systems can integrate with warehouse management, accounting, or enterprise resource planning tools. However, before investing in a barcode tracking system, look at how well it integrates with other business applications. Integration means that the system can exchange product data seamlessly across multiple applications. Some barcode tracking systems can integrate with other applications, but they are unnecessary for every business. The following are some examples of integration capabilities you should look for in a barcode tracking system.
Software integration. Depending on your chosen system, some barcode tracking systems integrate with other applications, including ERP systems. If you consider upgrading from a manual system to an automated one, you should know the requirements for labeling your assets before making the switch. Taking the time to learn about industry standards can help you avoid costly lawsuits and government regulations. If you’re unsure how to label your assets, you can always consult an expert in the field.
ERP integration. Barcode tracking systems should be integrated with ERP systems to maximize the benefits of each application. Integration with an ERP system improves accuracy and reduces data entry errors while incorporating barcodes into an ERP system helps populate valuable reports. As a bonus, these systems can be used to extend service to customers, too. This means that you can provide better customer service. In addition, you can integrate your barcode tracking system with other applications in your ERP to boost productivity and efficiency.