How to Create a Small Business Barcode Inventory System? - PowerPoint PPT Presentation

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How to Create a Small Business Barcode Inventory System?

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Inventory management is important for many businesses, large and small. While it is possible to track inventory manually or with a spreadsheet, adopting a barcode inventory system is more efficient in the long run. With a barcode inventory system, you can control your inventory and save time, money and unnecessary work. – PowerPoint PPT presentation

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Title: How to Create a Small Business Barcode Inventory System?


1
How to Create a Small Business Barcode Inventory
System?
2
  • Inventory management is important for many
    businesses, large and small.
  • While it is possible to track inventory manually
    or with a spreadsheet, adopting a barcode
    inventory system is more efficient in the long
    run.
  • With a barcode inventory system, you can control
    your inventory and save time, money and
    unnecessary work.

3
What is a barcode?
  • A barcode is an image containing numbers or text
    that represents data graphically.
  • The image contains information, which can be
    quickly transferred to a computer through a
    scanner.
  • 1D Barcodes 1D barcodes are made up of vertical
    black lines and the space between the lines
    allows the scanner to identify the product.
  • 2D Barcodes 2D barcodes are usually square in
    shape and are made up of various dots and shapes
    that contain data. These barcodes can store more
    data than 1D barcodes. 2D barcodes can also hold
    website information, which you can access by
    scanning the barcode with your phone.

4
Why Do We Need Barcodes?
  • With more inventory to handle, the barcode
    inventory system becomes more important as the
    business grows.
  • Implementing it will help you to prepare for the
    future and you will also get various benefits in
    the meantime!
  • The barcode inventory system is more accurate
    than manually keeping inventory.
  • With barcodes, human error can be greatly reduced
    and your inventory will contain more accurate
    data.
  • In fact, studies have shown that for every 250
    keystrokes, a person makes at least one
    data-entry error.
  • There is an error behind every 36 trillion
    characters scanned in a computer.

5
  • You can easily decide what you have in stock and
    what you don't by barcode.
  • When a customer buys a product, you can scan the
    barcode and remove it immediately from your
    inventory record.
  • You will always have up-to-date inventory data,
    which will enable you to make the right business
    decisions.
  • All your products can be read instantly with the
    barcode on your inventory and the data can be
    easily uploaded to the computer.
  • This will greatly speed up the customer checking
    process after the transaction.
  • Instead enter each product and calculate the
    total price by hand.

6
How to get started?
  • Creating a barcode inventory system is less
    expensive than most people believe.
  • You must first create a product code. Universal
    Product Code (UPC) or Stock Keeping Unit (SKU)
    can be used.
  • UPC can be found on almost any product and is
    certified for commercial use.
  • To get a UPC, you must first register on Global
    Standard 1 to receive a unique code for your
    business.
  • This code is useful for identifying and tracking
    merchandise worldwide.

7
  • UPC can protect your company's brand from theft,
    allow you to sell on Amazon, give customers
    access to product details, and can be used in
    most inventory management systems.
  • UPC is generally 12 digits and is used for
    external purposes.
  • You can also use a unique SKU number for each of
    your products.
  • SKU codes can be generated manually or
    automatically by inventory management software.
  • SKU is unique and is generally eight digits.
  • It is used for internal functions like stock
    tracking.

8
  • Then,
  • For each product code, you must create a barcode.
  • To make barcodes free, you can use online barcode
    generator or barcode software.
  • The next step is to print your barcode.
  • Along with label sheets, most traditional inkjet
    and laser printers can print barcodes.
  • Thermal printers are ideal for creating barcode
    labels.
  • Thermal printers cost much less than inkjet and
    laser printers.

9
  • Thermal printers are much easier to maintain,
    they last longer than traditional printers and
    are faster and quieter.
  • Thermal labels are available in a variety of
    shapes and sizes.
  • If you are new to thermal printers, you should
    read how to print barcodes and shipping labels.

10
Choosing a Scanner
  • If you do not have a scanner to read the
    information in the barcode, then having a barcode
    is useless.
  • When it comes to buying a barcode scanner, you
    have some options.
  • If you want mobility and flexibility you can get
    a wireless scanner.
  • This scanner requires a battery and you should
    always have a backup battery in your hand.
  • These scanners are ideal for real-time inventory
    management as they do not require a power cord.

11
  • With a wireless scanner, you can save data on a
    memory card and then insert it into a computer,
    connect to a computer via Bluetooth, or purchase
    a scanner that stores data on the device itself.
  • There is also the option of a wired scanner.
  • Wired scanners are generally less expensive than
    wireless scanners, however, they do not offer as
    much versatility.
  • The scanner and the computer on which you are
    storing inventory information must be connected.
  • Wired scanners are easy to use and ideal for
    checking customers.
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