Supply chain management is a complex business process under multi-store environment where one has to keep an eye on the movement of raw materials from suppliers till they became finished goods. Some time, one need to import raw materials and the complexities involved may delay the production which in turn will impact the turnover. With the invention of barcode technology, more businesses across the globe are using it for tracking purpose to make the supply chain efficient, organized and simplified.
For many years since the invention of barcodes, they were hardly used outside the retail point of sale (POS) systems. However, now-a-days barcode technology has become ubiquitous to any type of industry along the supply chains.
The vital business details stored on 1D (linear) or 2D (such as QR codes) barcodes immensely aids business establishments to identify/track inventory in an efficient and timely manner with errors going down considerably (about one error in every 3 million impressions) compared to manual system. Since all the businesses along the supply chain have access to barcode technology, details about products can be seamlessly monitored, checked passed-on and integrated throughout its passage till they reach the end users.
Read complete article here.
No comments:
Post a Comment