When it comes to completing a stock take, inventory check or any other type of asset management, the risk of human error occurring is ever-present.
Mistakes can be made either because records or lost, handwriting is illegible or the person in charge of the inventory check miscounts an item or two. This in turn can affect records and the operational productivity of the business, but most damaging is the effect this can have on customers. If goods can’t be effectively counted, recorded and tracked, your company will have no way to answer customer queries or complaints as to where their order has got to.
If you attach barcode labels to all of your merchandise and stock, however, you can drastically minimise the risk of human error occurring. Each and every item can be accounted for with the swipe of a barcode scanner, and this information is automatically stored in your company’s computer system. This not only makes stock takes and inventory checks much more accurate; it also makes them much quicker and easier to complete, leaving your staff to get on with more important tasks.
You can use asset tags in a similar way, to label and keep track of all of your company’s possessions, tools and equipment.