How Does Better Inventory Management Aid Order Fulfillment?
Technology solutions can help distributors to better manage their inventory, which in turn improves order fulfillment and increases customer...
1 min read
FullQuota Editor : Jun 28, 2013 1:00:27 AM
Processes to help ensure barcode compliance can save distributors money by improving efficiency and avoiding increasingly common fines.
According to an article on the DC Velocity website, automated receiving systems have made companies stricter about barcode technology, with some issuing fines as high as $10,000 for violations.
Distribution companies have to meet various customer requirements for barcode compliance, while at the same time delivering products in a cost-effective manner. It’s difficult to change the way you label, ship and package products, but there are benefits to going through the pain of meeting customers’ barcode technology requirements. For starters, not only will you avoid fines, but you’re more likely to do business with large, high-volume retailers that will sell more of your products. Retailers are more apt to go with distributors who comply with their barcode technology standards.
In addition, this pushes distributors to automate their operations and implement cost-saving barcode systems in-house. Distributors need to be as efficient as possible, and these automated systems provide cost savings by providing faster and more accurate data entry to reduce errors. Barcode technology plays an important role in improving inventory control by making it easier to track products throughout the warehouse.
The DC Velocity article outlines five steps to help ensure companies stay in compliance as their products move through the warehouse.
Source: DC Velocity, June 2013
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