Check the Label: Why Barcodes Matter in Inventory Management

barcodelabels

The days before barcodes were a slower and maybe more gentle time. The storekeeper would ring each item up separately by hand, then enter the prices one by one on a cash register. At the end of the day, the storekeeper would count his or her inventory by cross-checking the items on hand from the list of purchased goods.

Today, stores and other companies are continuously developing ways to track items and their prices, then check them out faster. All this is made possible thanks to the barcode.

Barcoding has become a popular and economical way of controlling inventory, and industries far and wide use its technology. It gives several benefits to your company, some of which are:

Accurate tracking

Tracking of items is more accurate when your items have a unique barcode label. Today’s barcode scanners are almost error free, with some scanners registering an error rate of one in 10.5 million scans.

When a staff member encodes inventory data by hand or on a computer spreadsheet, human error inevitably is a factor. This is especially the case when a store handles hundreds of items a day. But with one simple barcode scan, a computer automatically processes the information and updates your inventory right away.

Cost-effectiveness

Barcode technology used to be expensive, but the abundance of barcodes and availability of inexpensive equipment have made barcodes affordable for organisations. Each barcode label costs only a few cents, and you can enlist the help of barcode label manufacturers to print barcodes according to your business’ needs.

Barcodes lower your costs. You reduce your overhead and training time associated with labour. Also, you lower your costs for carrying excess inventory since barcodes help you track your stock and help prevent ordering in excess.

Improved inventory control

It’s hard to do business when your staff are not able to track inventory efficiently and accurately. This results in possible over ordering and under ordering and keeping your books in balance can become a nightmare.

Barcoding is an easier way to track an item. Warehouses scan packages as they enter and exit the facility. When the items arrive at the retail store, staff scan the products as they go on shelves or storage. Barcodes also make it easy for workers to store and locate items, as well as make better decisions based on accurate inventory levels.

Quick data gathering

Businesses often have to make quick and accurate decisions based on available inventory data. Handwritten data or inventory information encoded on a computer spreadsheet takes time to process. On the other hand, data obtained through barcodes is easily available, since the information about an item is scanned directly into the inventory database.

Saves time

Manual counting of inventory is a monotonous process, especially when a business holds hundreds of items. After counting, workers have to repeat the process to minimise data errors. The whole process could take hours to complete. This process almost dissolves with barcoding.

Barcode label solutions with T & D Print

Need a barcode for your items? Or do you need stickers and other labels for your business? Contact T & D Print, one of New Zealand’s trusted barcode label manufacturers. We provide labels and stickers of different sizes that meet your requirements and budgets. We also supply customised promotional materials like bags, lanyards and stationery that will help make your business’ branding more effective. We value product quality and reliability, and we’ll fulfil your requirements with fast turnaround times.

Contact us on 09 438 1194 or email us on sales@tdprint.co.nz to get a free quote for your business needs.

Promotional Marketing: Boost Your Brand with Novelty Products

Effective marketing strategies are crucial in any business endeavour, regardless of the industry. According to the Ministry of Business, Innovation and Employment, promotion is a major element that influences the purchasing behaviour of consumers and increases brand recognition.

One way to boost the brand of your company is through customised promotional products, which is a cost-effective marketing tactic valuable to both new and existing companies.  These are usually daily or novelty products consumers use that have the logo of your business or your brand’s message on them — making them ideal for long-lasting advertisement.

If you feel like your brand needs a little boost, listed below are ways your business will benefit from this solid marketing strategy.

Greater exposure of the brand

Brand recognition requires repeated exposure to the company’s logo or slogan. Promotional products work like a business card. Though they may not have your contact details on them, they have the logo and the name of the business, showing off your brand repeatedly to potential customers. For instance, if you hand out 100 products and every one of those is seen by 100 people, you expose your business to 100,000 people. The product helps people remember your brand, especially if it’s something they use every day like a pen or a mug.

Additionally, when other people see a product with the business’s logo on it, they may ask questions about the business. This builds interest in your products and services and increases your visibility.

Adds personal value to your brand’s marketing message

If you know your clientele well, adding a personal dimension to your promotional products improves your brand’s relatability. Making use of an interesting gift or adding a creative design increases the desirability of the item, to the point that it can become a collectable. Multinational corporations such as McDonald’s and Coca-Cola are experts in creating collectables that appeal to their consumers.

One way to do this is to understand what your customers would appreciate. For example, if you’re in the health and fitness industry, T&D Print has a wide variety of promotional gadgets for sports and leisure. Your customers will use them for their daily physical activities and develop a strong association and familiarity with your brand.

Customer loyalty and retention

Customer loyalty goes beyond providing amazing products and services. Sometimes, you need to go the extra mile so that they don’t transfer to your competitors. Businesses thrive on meaningful relationships and promotional gifts help develop strong bonds between the company and their customers. For example, a thank you gift for an order, even if it’s just a small token, sends a strong message that you appreciate doing business with them.

Retention is at the heart of every marketing promotion and often, reciprocity works wonders in the business world. People love receiving gifts, which is why promotional products make them happy. When you offer something to your clients for free, the likelihood of them going back to you is greater. It’s not because they feel like they owe you, it’s because their gratitude forges a positive link that they won’t feel the need to look at other brands.

Make Unforgettable Promotional Products with T&D Print

Looking for people to help boost your brand with promotional products? Here at T&D Print, we offer custom promotional products for your company. With fast turnaround times and efficient service, our aim is to provide your business with top quality printed advertising materials that will set you apart from your competitors. Our range of products and services is always changing, so you’re sure to find what you want for your business.

Get in touch with us today by calling (09) 438 1194 for enquiries.