5 Ways Barcode Labels Can Help Your Business

5 Ways Barcode Labels Can Help Your Business

Barcode labels provide a variety of benefits for businesses including saving time, reducing costs, and preventing problems that occur due to human error. The likelihood of errors occurring with manually entered data is significantly higher than with the use of barcode labels. A barcode scan is fast and reliable, and takes infinitely less time than entering data by hand. Overall, barcode labels provide a simple way to improve efficiency, while keeping operations dependable and profitable.

Here are five specific ways barcode labels can help your business:

1. Tracking of Assets
Barcode labels make physical assets easier to track as they are transferred between departments or sent to other locations. Barcode label asset tracking provides a means for more effective resource management, making it easier to track equipment and identify needs, while preventing unnecessary duplication of items.

2. Simplified Inventory Control
Barcodes enable the precise tracking of inventory, so inventory levels can be reduced. This means lower overhead. Also, barcode labeling facilitates efficient and accurate inventory management while eliminating many of the hassles typically associated with inventory control, such as the need for additional people to physically count product during inventory.

3. Organized Maintenance Management
For many companies, maintenance management falls by the wayside or gets low ranking on an overburdened list of priorities. Barcodes labels can actually help make maintenance management easier by making important maintenance tasks easier to track and schedule, rather than relying on memory or manual documentation.

4. Loss Prevention
The benefit of loss prevention goes along with asset tracking and inventory control. While some lost assets are due to mismanagement and poor tracking, theft can also be a serious concern. Barcode labeling of assets and inventory makes detecting and resolving theft situations much easier.

5. Assure Regulatory Compliance
In the case of significantly regulated industries, companies must be equipped with efficient processes to capture and report on data to document compliance. Requirements such as equipment testing, calibration, and maintenance can be combined with a software solution to completely streamline reporting requirements.

Liberty Marking Systems is your source for barcode label needs, with everything from basic serialization for asset management to complex compliance barcode labels. Our capable service bureau enables us to quickly and economically produce barcode labels as well as human-readable labels. We can also accommodate all widely-used symbology specifications and industrial standards. We are fully equipped to print custom barcode labels to your precise specifications, or assist you in the selection and installation of labeling equipment and supplies to print your own barcode labels.