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Benefits of Bar Coding

Bar code technology has been around for 25 years and continues to be one of the most accurate and cost-effective ways to collect data. Some of the key benefits of implementing bar code are as follows:

• Bar coding increases speed and accuracy of data collection, reducing errors and saving time & money.

• Transportation costs drop when merchandise doesn’t make unnecessary round trips. Over shipments are caught before it’s too late. Your people spend less time correcting errors and shuffling paperwork.

• Bar code systems maintain accurate, up-to-date inventories. You don’t pay for RUSH transportation costs or buy from a competitor to supply an item you thought you had, but didn’t. You can employ a smaller buffer inventory, with all the savings that entails. Your material handlers spend less time restocking or searching for merchandise.

• Shipping errors are reduced; you have happier customers.

• Customers pay their bills more quickly when fewer invoices are in dispute, leading to an improvement in cash flow and reduced borrowing costs.

• Bar coding is the best way to be sure that deliveries are correct and traceable.

• You have a happier sales force. A reduction in customer shipping errors is also a reduction in the time and money your sales team must spend to keep customers happy.

The bottom line is that bar code systems improve sales, gross margins and efficiency while minimizing costs and overhead. Even if your company is still very small these benefits are well within your reach.