Organizations across the globe need to maintain order, accuracy, and speedy service. There are plenty of management systems to combine data and processes, but one area that they end up failing at is inventory. Performing intensive counts (monthly or cycle counting) must be done with complete accuracy. One of the best ways to do this is to take advantage of inventory tags.
Inventory tags can be scanned to inform your supply chain about changes in the current inventory. This will create end-to-end visibility among all parties, from supplier to customer, as the inventory moves in the warehouse.
An inventory tag is a barcode label that is attached to a product for tracking purposes. These tags can be used for manual inventory counts. More often, they are connected to a system of scanners and an IMS (Inventory Management System) for automatic counting. These labels can be customized to meet the needs of a company and provide acceptable inventory control.
The control tags have an inventory number, barcode, and the company's name. Sometimes, there is additional information like the product name or a “do not remove” statement. Standardizing inventory labeling with a tag can ensure consistency across the company. Monitoring, stocking, and shipments have also become more efficient.
Here are the steps in labeling inventory:
Benefits of inventory tags:
Inventory tags make a great difference when it comes to efficiency, accuracy, safety, theft prevention, and the overall lifespan of your inventory. It’s about time that you invest in an inventory system that safely keeps your business.