How barcode printing improves data management

Advancements in technology have seen the evolution of barcode printing, from what used to be a basic identification tool has now transgressed into cuttingedge tool that significantly improves data management and accessibility.

Companies are accumulating data at rapid speeds, yet too often, the potential of this data lies dormant. In fact, the IDC predicts that the total volume of data produced will increase to 163 zettabytes by 2025.

To thrive in the digital economy, companies need to learn to use data effectively, deriving meaningful insights to make better business decisions to increase efficiencies, productivity, and profitability.

Easy to implement, barcoding enables organisations in virtually any industry to improve data accuracy by simply labelling assets and inventory while automating data collection, removing room for error.

Seen as a tool for innovation development, barcode technology identifies patterns in information. So, what may seem like a simple tracking tool at first, is a powerful mechanism that will bring about significant gains, especially for small and medium-sized enterprises (SMEs) who are faced with tight budgets.

DATA MANAGEMENT

Barcode devices bring consistency to organisations, enabling predictable operations for enhanced product quality by combining various data management functions while preventing bottlenecks at data entry stations.

Having the right barcode printing and labelling system in place enables a single source of truth data management. It also provides companies with relevant, accurate, and insightful information so leadership can make timely, informed decisions that control costs and ensure performance.

DATA ACCESSIBILITY

It is no good having valuable data stored yet no means to access it. Organisations need to be able to access information in real-time, whenever and from wherever.

Increasing visibility and accessibility to organisations, barcode printing allows companies to conduct multiple functions, from scanning a code to see how many items were sold, to tracking items back to the supplier and to delivery.

PRODUCTIVITY

Increasing productivity by freeing up a workforce’s time, as manual processes become automated, speeds up operations, as a 12-character barcode label can be completed in the same time it takes a keyboard operator to make two keystrokes.

ACCURACY

By eliminating the likelihood of human error, barcodes efficiently, and accurately enter and capture data while automating processes. Plus, barcoding is used to identify and track items accurately. For instance, a grocery store can see when perishables were shipped, produced, and became ripe, while accurately predicting the expiration date and shelf life.

‘To thrive in the digital economy, companies need to learn to use data effectively, deriving meaningful insights to make better business decisions to increase efficiencies, productivity, and profitability’

COST-SAVINGS

Companies are starting to realise that the efficiency and success of their organisation heavily relies on their IT infrastructure. As a result, many are investing in hardened enterprise devices that bring about significant cost-savings.

At the end of the day, it is not about how much a company is spending and saving, instead, how much they going to save five years from now and what they are doing in five years’ time to ensure they are still in business with low overheads and systems that have lasted over those years.