Barcode Tracking Software for Fast & Reliable Data Collection
Barcode scanning software provides enormous benefits for just about any business. With barcode tracking software, capturing data is faster and more accurate, costs are lower, mistakes are minimized, and managing inventory is much easier. The following are some of the benefits of bar code data entry.
- Fast and Reliable Data Collection
- Faster Data Entry: A bar code scanner typically may record data five to seven times as fast as a skilled typist may.
- Better Accuracy: Keyboard data entry creates an average of one error in 300 keystrokes. Bar code data entry has an error rate of about 1 in 3 million.
Reduced Costs with RF Scanning Software
This is the most obvious benefit of RF scanning software. In many cases, this cost savings pays for the entire barcoding data collection system. Don’t put all of your attention on this benefit, however. Even though this is the most apparent benefit, it is often overshadowed by even greater savings from other areas.
By minimizing data collection errors with the use of RF scanning, this benefit often surpasses the saving of labor costs. You know that if you make a significant error on an invoice in the customer’s favor, you will never hear about it again. However, if the error is in your favor, you will hear about it immediately. In most companies, it doesn’t take many errors to amount to a great deal of lost revenue.
Barcoding Software Helps to Improve Management
Better Decision Making
With the sophisticated barcoding software from iTracker, you may tell not only what the customers are buying, but when they are buying it and in what combinations. This may improve business management by suggesting better locations for goods in the store and identifying advertising targets.
Faster Access to Information
This benefit goes hand in hand with better decision making. With better information from your RF scanner, you may gain opportunities and get the jump on competition.
This is the most obvious benefit to having a strong barcoding system. A medium to large store may save enough checker time to significantly reduce payroll. You also save direct labor costs through less time spent taking inventories and ordering product.
A proper barcode scanning system will speed customer checkout. This will improve customer satisfaction enough to directly increase revenue over time.
Reduced Inventory Costs
Thanks to detailed barcode tracking, immediate access to inventory information on a real-time basis may be used to reduce inventory levels. This will reduce costs for a company in a number of ways, including interest, labor for handling excess inventory, and facility overhead.
Portable scanners may be uploaded to a central computer system with iTracker update inventory in real-time.
Bar code inventory control provides accurate, real-time inventory updates. This allows a company the opportunity to reduce stock levels and thereby reduce carrying costs. It also reduces the time taken to collect data for purposes such as annual inventories. With improved efficiency, operating costs are lower.