What is a Barcode Inventory Program?
Barcode inventory uses a certain type of technology to identify a product by a unique code of lines and bars. It reads this code with a barcode scanner. Barcode inventory involves counting the number of items you have at any given time and labeling each one with a barcode.
How to Craft the Best Barcode Inventory Program for Your Bar
What is a Barcode Inventory Program All About?
A growing business depends on an expanding inventory. And an expanding inventory means more work. When you're busy trying to make your business flourish, it can be hard to manage your inventory, while also performing a raft of other functions. Thankfully, there's technology at handbarcode inventory programs.
Barcode inventory programs are a type of software designed for inventory tracking. They automatically update sales information, check inventory items, and tell you when to restock. A barcode scanner system can take a load of the logistics off your shoulders, and give your business wings. A barcode inventory system works with a barcode scanner, barcode software, and barcode printers. These components of the barcode system work together to run your business smoothly with efficient tracking and management tools.
These days barcodes come in different shapes and forms. QR codes are the most popular among them. QR codes are 2D barcodes that are now visible on most goods and services, appearing not just on physical products, but on apps and websites too. QR codes can be scanned with any mobile device to relay information about a product or service. However, QR codes are not usually used in business inventory management, but in retail.
How Does a Barcode Inventory Program Work?
Unless you live under a rock, it's impossible that you haven't encountered businesses that use barcode for sales. You must have seen supermarket cashiers scanning your purchase at the till with a barcode scanner while toting up your bill. The same barcode scanner and barcode software can be used for inventory management at a bar as well. When a bar is rigged up to a barcode system, a unique code is assigned to every one of a bar's inventory items for better inventory management.
With a barcode inventory management system, each item at a bar will have a code comprised of lines and bars. When these inventory items move through the supply chain right up to the point of sale, their movement is tailed with the barcode software tracking system. A simple scan with a barcode scanner will pull up all the vital product information on a screen in seconds.
Moreover, when your barcode inventory program is linked to a cloud based inventory management system, the inventory information can be accessed anywhere, anytime, on any device. So instead of running around the warehouse hunting for the bottle of Bummer & Lazarus Dry Gin your customer wants, you can have the item at your fingertip with a barcode inventory management and tracking system.
- There were over 415,000 bar managers and bartenders working in U.S. bars in 2021.
- More than 50% of all bar managers in the U.S. are female and about 46% are male.
Manually counting inventory and restocking can be time-consuming and error-prone.
A good barcode inventory program can help you manage your inventory more effectively, improve your service, reduce labor costs, and maximize profits.
Does a Barcode Inventory Program Work for Every Kind of Bar?
All kinds of bars can set up a customised barcode inventory management program. The right software will read barcodes and manage inventory items systematically, no matter the size of type of a bar. From jazz bars, to wine bars, and nightclubs, you can manage all kinds of bar inventories with the right barcode inventory management software.
If you're managing a bar and wondering if barcode software will improve your business operations, think no more. Not only is a barcode inventory program the perfect inventory control solution for a business, but it can also double as a customized order management and warehouse management solution.
Be it beer inventory or wine inventory, all you need are barcode labels, barcode scanners, and barcode software to assist you in tracking asset movement. A mobile app of the inventory software will let you access all your product information on a real time basis.
How to Choose a Barcode Inventory Program That's Right for You
Whether you're a new small business or a large established one, finding the right barcode inventory program is important. You're looking for something that will seamlessly integrate your inventory with the rest of your operations. So how should you choose the right barcode inventory program that's right for you? To start off, keep an eye out for these essential features-
- Inventory management- Look for a barcode inventory solution that does end-to-end inventory management for your bar, right from the supply chain to point of sale.
- Tracking asset- The barcode software must have a robust search and asset tracking system that gives you real time product information and its status in the inventory, supply, and sales chain.
- Point sale- If you want to make sure you get the right barcode inventory program for your business, look for software that allows you to integrate the sales order with inventory control.
A Barcode Inventory Program Needs Great Software. Here's Why . . .
Automated inventory management saves time, effort, and money. With the right barcode software inventory system, tracking inventory and warehouse management is a piece of cake. So what can good barcode inventory software do for a business?
- Create unique codes- A barcode software system will create unique codes for every one of your inventory items, so you never have to inspect each item and make notes ever again.
- System integration- A barcode management system integrates with all other operations, including supply chain processes, sales, ordering, finances, and so on.
- Compatibility- A good barcode inventory system is compatible with popular Operating Systems (OS), including Microsoft Windows, Apple macOS, and Google's Android.
- Data processing- A barcode inventory system will not only scan inventory items but also process data collected and compile automated reports on sales, seasonal demand, inventory control, and finances. This way it provides a comprehensive management solution for your business.
- Supporting devices- With the right barcode inventory system you can perform inventory tracking on more than one mobile device using a simple mobile app.
Bar inventory is a pain. You have to count everything and enter the numbers into a spreadsheet.
Why do things the old-fashioned way when technology has a better solution?
How Much Does a Barcode Inventory Program Cost?
Barcode inventory is great for any small business looking to manage its operations efficiently and scale up. But worried about the cost, most small businesses shy away from investing in barcode inventory systems. What does a barcode inventory program cost anyway?
It might surprise you to know that several barcode inventory systems are entirely free. But they have restrictive features. If, however, you are a small business just starting out, you could opt for free barcode inventory software, since you will already be spending a tidy sum on barcode scanners and barcode printers to get the system going.
But if you're ready to dive right into a comprehensive barcode inventory program, the starting price-range of hardware software solutions is $500. This include a handheld scanner preloaded with inventory software. The device can be linked to any OS. Barcode scanners cost upward of $100 apiece, while the most basic software starts at $50. Additionally, barcode printers to print barcode labels for your products can start at $200.
Barcode Inventory Program FAQs
How do you create a barcode inventory system?
For any barcode inventory system you have to gather the basic tools, which include a barcode scanner, a barcode printer, and barcode inventory software.
How to create barcode inventory in Excel?
For those who cannot afford to have an elaborate barcode inventory system you may want to go the Microsoft Excel way. Using an Excel sheet, you can categorize all your inventory items into different sections and manage your stocks on multiple sheets of a single document. However, this is not the most accurate method and leaves scope for error. So, it is always advisable to go for a barcode inventory system that will automate the process.
Not all barcode inventory programs are created equal.
How do you know which one is right for your bar?