Bar Coding ROI in Mail Order Fulfillment and Distribution Centers
- Topics:
- Inventory Management
- Tags:
- Bar Code,
- Finance,
- Mail-order,
- Managerial Accounting,
- ROI,
- Roi/Tco
- Source:
- Zebra Technologies
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Overview: "This paper shows how advanced bar code technologies can create sustainable advantages by providing the accurate information required for modern business practices. It summarizes the benefits of bar coding and demonstrates how to improve productivity and save money by using bar coding in receiving, inventory putaway, picking and packing, and shipping operations. By implementing bar coding, companies can reap significant return on investment (ROI). Bar code systems provide a strong return on investment for users by reducing data entry and processing time, improving the data quality and the performance of business systems, and providing the ability to track items accurately throughout the supply chain. Mail order fulfillment companies and distribution centers gain greater accuracy, efficiency, and control in their entire process, from receiving and inventory to picking, shipping, and customer service. The results are reduced costs and higher customer satisfaction. Participants at all points in the supply chain produce and provide timely, accurate information or they will be dropped as suppliers and excluded from markets. Companies without good information carry excess inventory to ensure they can deliver what they have promised. Replacing excess inventory with improved information reduces storage space and labor costs, improves asset utilization, increases inventory turns, enables faster billing cycles, and significantly contributes to cash flow. "
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Format: PDF | Size: 84KB | Date: Jan 2003 | Pages: 8
