Basically, barcoding technology helps to speed up and make data collection more effective.  In the process, barcoding helps save the client both time and money.  All professional barcode equipment and software manufacturers strive to supply their customers with the most suitable barcoding resources to satisfactorily resolve their data collection needs.  As competition and technological evolution soars, customers are enjoying more goodies from reputable barcoding companies.  For instance, barcode readers and scanners are now available for outright purchase or renting.  In addition to creating user-friendly barcode kits for their customers, manufacturers are now offering better acquisition terms to enhance barcode adoption.  Therefore, you can now call or walk into a barcode store and get a barcode scanner rental instead of buying one.  With such good business terms, more and more businesses are hopping onto the barcoding bandwagon to ease and optimize their data collection processes.  Generally, barcoding technology offers the following three data collection solutions to the contemporary business world.

Fixed Asset Tracking

Barcoding technology enables business owners and even private customers to track their fixed assets periodically.  Fixed assets (or capital equipment) are labeled and their details taken and uploaded on various data collection and analysis solutions ranging from simple programs like Microsoft Excel spreadsheets to sophisticated packages like cloud-based mobile asset tracking systems.  You can use various barcoding equipment including barcode readers and scanners to record and later track a huge number of relevant asset details including asset number, location, description, status/depreciation, warranty information, and the respective audit date and time.  Some fixed asset tracking gadgets combine both barcoding and RFID technologies to optimize their functionality — they are suitably referred to as RFID-Barcode asset tracking kits.

Inventory Control Solutions

Like the aforementioned fixed asset tracking solutions, inventory control kits feature both data collection devices like barcode readers and scanners and data storage and analysis packages like Excel or specialized inventory and accounting programs for specific business settings.  Basically, inventory control solutions are used for stock-related business needs including inventory management, product ordering, and stock tracking.  In recent years, barcoding companies have created highly effective inventory management programs, which are capable of collecting and analyzing data speedily, economically and automatically.  You can track your stock on a daily basis using dynamic programs that are capable of storing all inventory details including product/item number, cost, and manufacturer and stock bounds.  High end inventory control solutions are easy to configure and customize; hence offer a very efficient data collection solution.  For instance, cloud based barcode inventory management solutions are very versatile and highly functional both for data collection and safe data storage.

Attendance Tracking

Nowadays, business owners use efficient tracking devices, such as smart ID cards, to track event or workplace attendance.  These smart cards use barcoding and biometric technology to reduce the time needed for data collection and to eliminate human-related errors in the entire process.  By combining the functional power of an automated data collection system with an efficient time tracking program, companies are able to manage attendees effectively; whether it’s in their production sites, business conventions/seminars, or in trade-related fairs/exhibitions.  Data collected using barcode readers and scanners can be effortlessly transferred or uploaded to other equally efficient payroll, marketing or financial systems to enhance its application.  In all these instances, barcoding technology promotes accuracy and optimizes productivity.