Barcode Expenses and Inventory

This video illustrates the process of creating expense records whenever inventory items are scanned on the shop floor. (scroll down for video)

So what, you ask…

So, that mean you have a record of every item you ever scanned. Actually, every item that every employee has ever scanned.

Think about that…

That means you are not only managing inventory effectively, but you are also collecting huge amounts of data you can use to your advantage. You are deducting inventory items from stock, which means you can reorder and replenish at appropriate times. Of course that’s good. But having a record of every scan is huge. Absolutely huge. Think of what you could do with that.

You might not know exactly what it costs you to build bepoke and custom products. Now you do.

You might not know what materials employees are using. Now you do.

You might not know the percentage of labor verses materials that go into manufactured good. Now you do.

Hmm… scanning inventory is not such a bad idea!

Now watch this video and find our website. Quick!