The Total Business Benefits of Barcode Scanning Software
Most organizations implement barcode scanning software to solve a particular problem they are experiencing in the area of inventory management. Whether it be a large number of inventory inaccuracies, time-wasting activities, or high inventory costs that they are experiencing, barcode scanning software offers a solution to the problem at hand. What many companies do not realize, however, is that the benefits of barcode scanning software applications extend far beyond the warehouse or distribution center.
Barcode Scanning Software Extends Beyond the Warehouse into the Office
A good inventory management solution with barcode scanning capabilities will serve your entire business, not just a segment of it. Let’s take a look at some of the areas that are positively impacted when you make the decision to invest in and implement barcode scanning software:
- First and Foremost: The Warehouse
Knowing how much inventory you have on hand is crucial to the success of your operation. If you are relying on manual methods for inventory counting, tracking or picking and packing, the process can become extremely cumbersome and inaccuracies can abound. Barcode scanning software not only automates the process and allows you to see real-time inventory data, but it also eliminates inaccuracies that can cause problems further down the road.With the intelligence provided from barcode scanning software, managers can make more informed decisions at every level of the order fulfillment process. Barcoding also provides companies with real-time inventory tracking, giving companies a good idea of where their products are located throughout the process. This not only prevents confusion during order fulfillment, but it also serves to secure your inventory stock and prevent theft from occurring within the organization.
- The Purchasing Department
When you implement barcode scanning software, the purchasing department gains real-time information regarding stock levels. This allows them to make more informed decisions regarding inventory purchasing and replenishment. When your purchasing department knows exactly how much to order and when to order it, they help reduce the occurrence of overstock and understock situations.
- The Customer Service Department
When any part of the order fulfillment process is automated, customers benefit. Manual processes are often time-consuming and can result in complications when fulfilling certain orders. Barcode scanning software eliminates the time constraints related to manual processes and automates the picking and packing process, which in turn means orders are shipped more quickly and with a higher level of accuracy than through manual methods.Customer service representatives also receive the benefit of having real-time inventory and order data. When customers call to inquire about the status of an order or the availability of a certain item, the information can be found quickly and easily. This, in turn, keeps customers happy and increases the chances of retaining them in the future.
- The Accounting Department
Barcode scanning software can be fully integrated with your company’s ERP system, allowing your accounting department to automatically track our entries. As a result, the accounting team can create more timely invoices and help your company get paid faster.
IWI recently released its own barcode scanning software solution designed specifically for Sage 300cloud (formerly known as Sage 300) (formerly Sage Accpac) users. To learn more about IWI Consulting’s web based barcode scanning and inventory management solution, click here.
To learn more about how barcode and scanning technology can help improve your company’s inventory situation, download our Barcode Scanning Inventory Module for Sage 300cloud (formerly known as Sage 300) product brochure.
Our small and dedicated team specializes in helping small-to-medium size Canadian businesses and non-profits select and adapt Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Human Resource Management (HRMS) and IT services. With IWI’s 15 years in business and 100 plus years of combined experience, IWI has helped hundreds of food manufacturing, distribution, and financial service companies gain efficiency, grow, and lower their operating costs.
With the unique combination of industry knowledge and diverse technology expertise, IWI provides cost-effective solutions to help clients gain a competitive edge. As a Sage business partner, servicing the Greater Toronto Area, we support evaluation and implementation of operations and finance systems to optimize technology, ensuring high return on investment with a quick and painless transition to new software.