Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header
Share for a Cause









Barcode time, UPC or bust!

Written by: Will Atkinson

Article Overview: Most products come from the vendor or distributor with UPC labels already affixed, but what do you do about those items that don't? Retailers should have a barcoding strategy with their POS systems to make sure they can use scanners to enter transactions for greater speed, accuracy, and efficiency.

Free Download - Staffing needs in the Holiday Rush By Will Atkinson
Name: Email:

Barcode time, UPC or bust!

We've all seen barcodes and scanners, there's nothing new there. But what are you doing about items that come to you without UPCs already applied?

I see far too many retailers typing in descriptions, or trying to search through the inventory at the point of sale to find items that don't have barcodes. Not only is this time consuming, and potentially frustrating to the customer, but it can be inaccurate, causing incorrect inventory counts and misleading reports. Over time, this can snowball into a major inventory issue.

Many small retailers don't understand that barcode creation and printing is easy, and should be a part of any good point of sale system. You can even print nice looking and effective barcodes on your regular desktop printer using special labels from makers like Avery.

Many retailers also cite a lack of time to generate barcodes and shelf tags for all their items, and it is a valid concern. But, just think about how much time it takes to recount your entire inventory due to incorrectly sold items over the course of a year. Now think about the potential loss of revenue through incorrectly identified and sold items over the course of the same year. Would fixing these two major issues justify a few hours spent creating good item tags at the beginning of the year?

I think so.

Related Articles
  Happy Barcode Invention Day
  Stop a Sales Slump in its Tracks
  Growing Under Pressure
  Understanding Barcode and RFID
  Africa needs a technology bubble

Home > Retail > Will Atkinson > Barcode time UPC or bust
Article Tags: avery, barcodes, desktop printer, inventory counts, labels, lack of time, misleading reports, nbsp, point of sale, point of sale system, scanners, shelf tags, valid concern

About the Author: Will Atkinson
RSS for Will's articles - Visit Will's website

Will Atkinson has spent his entire career dealing directly with small retailers to solve their technology problems, especially point of sale and inventory control issues. Will manages CAP Software, a specialty POS software company dedicated to providing the finest in retail POS applications for small and medium retailers. Learn more about CAP at www.capretail.com or contact me at will@capretail.com. His expertise extends to customer service issues, usability and workflow properties, and other retail best practices. Will helps retailers understand business problems in order to provide a solution that saves time and money, commodities that are limited for everyone.

Click here to visit Will's website
Dashed Line

More from Will Atkinson
POS Security for Productivity
Are there too many retail stores
Are you out of touch
Debits the good kind
Integrated Payments


Related Forum Posts
Re: Confused about the Bar coding for fashion wears. Re: Confused about the Bar coding for fashion wears. - You can refer to the International bar-coding system for Readymade Garments. As far as guidelines on standardization are concerned, you can contact Export Garments Manufacturer's Association, The Barcode Machines Mfrs and explain your specific requirements
May try with a business broker May try with a business broker - I don't want to question you here but are you sure you want to invest every cent of your net worth into 'starting' a business from scratch? Even franchised businesses go bust and in fact the data the franchisors are going to show you are a bit skewed because they aren't going to include those frnachises that went bust with their original owner losing everything and someone in the right place and right time buys out at pennies on the dollar. Trust me when I tell you, your franchisor will even facilitate these buyouts so as the income producing franchise continues and their stats don't take the hit. It's only the original franchisee that loses so much. Now I don't know what type of franchise you are looking at or even what area, but with the kind of liquidity you already have, you might want to get with a business broker and look at profitable businesses for sale. Sure you pay some goodwill but the risk is so much lower, there's usually owner financing on a portion if not all, and you're not having to invest so much cash during the first year or two just to keep the doors open.
Be sure of your investment Be sure of your investment - I don't want to question you here but are you sure you want to invest every cent of your net worth into 'starting' a business from scratch? Even franchised businesses go bust and in fact the data the franchisors are going to show you are a bit skewed because they aren't going to include those franchises that went bust with their original owner losing everything and someone in the right place and right time buys out at pennies on the dollar. Trust me when I tell you, your franchisor will even facilitate these buyouts so as the income producing franchise continues and their stats don't take the hit. It's only the original franchisee that loses so much. Now I don't know what type of franchise you are looking at or even what area, but with the kind of liquidity you already have, you might want to get with a business broker and look at profitable businesses for sale. Sure you pay some goodwill but the risk is so much lower, there's usually owner financing on a portion if not all, and you're not having to invest so much cash during the first year or two just to keep the doors open. Since you obviously already have some idea of the investment price and projected return, do yourself a favor and browse some of the websites for businesses for sale. Compare all the pros and cons of both avenues.
How to Qualify? How to Qualify? - I don't want to question you here but are you sure you want to invest every cent of your net worth into 'starting' a business from scratch? Even franchised businesses go bust and in fact the data the franchisers are going to show you are a bit skewed because they aren't going to include those franchises that went bust with their original owner losing everything and someone in the right place and right time buys out at pennies on the dollar. Trust me when I tell you, your franchiser will even facilitate these buyouts so as the income producing franchise continues and their stats don't take the hit. It's only the original franchisee that loses so much. Now I don't know what type of franchise you are looking at or even what area, but with the kind of liquidity you already have, you might want to get with a business broker and look at profitable businesses for sale. Sure you pay some goodwill but the risk is so much lower, there's usually owner financing on a portion if not all, and you're not having to invest so much cash during the first year or two just to keep the doors open. Since you obviously already have some idea of the investment price and projected return, do yourself a favor and browse some of the websites for businesses for sale. Compare all the pros and cons of both avenues. Just a suggestion.
Re: Alexa Ranking Goals Re: Alexa Ranking Goals - Although you have me listed in the "gaining momentum" my website has slipped back from its highest point early in February. That is due to my disappearing on holiday for nearly three weeks, and then having to run around playing catch-up with my clients and customers on my return... which has left me little time to market my website... I am just getting back into the swing of it now, but have done less than I would like... The goal remains the same, however. 299,999 or bust!


Recommended Article for You close

  Happy Barcode Invention Day

Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.



Featured Article


Bottom Footer
Share for a Cause












Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

Online Business Ideas: A Look At Various Options

The Pure FUN of Learning & Using NLP

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.