It just got easier than ever to implement automated physical counts and inventory management in your warehouse. Scanco Mobility works right out of the box with Sage 100 and Sage 100cloud 2018. And now, Sage and Scanco are offering five licenses for the Physical Count by item app for free if you already own the Sage Mobility for Barcode module. Contact Emerald TC to learn more.
Taking full advantage of the Sage Mobility Module will help you increase counting speed by 75%. In fact, businesses are spending more in automation technology according to an IDG Research Study conducted for Sage. Automating inventory management with barcodes in the warehouse is one area that continues to pay off in surprising and unexpected ways.
The study indicates that the second-highest priority among manufacturers is automating business systems and processes to better manage cash flow. Changes in both accounting systems and inventory management can improve cash flows and inventory tracking.
Investments in Automated Physical Counts and Barcodes
Improving the efficiency of warehouse logistics and minimizing costly mistakes is high on the list of important tasks to tackle for many manufactures. According to the IDG study, 61 percent of those surveyed invested in technologies to improve warehouse logistics. These automated business processes resulted in an 86 percent improvement as a result of the investment, a good return for any business.
Automation Reduces Human Error
According to one study, if companies had unlimited money to invest in technology, 9 percent would invest in an automated inventory management system. Such technology investments shouldn’t be viewed as “nice to have.” If companies understood how much money these systems would save them, they’d quickly move them onto their “must have” list.
One small business quickly found out that by implementing an automated business process they could save $40,000 per year. An HVAC contractor featured in Small Biz Trends was losing money on parts and supplies that slipped through their manual inventory cracks. Once barcoding technology was installed in the company’s warehouse, they quickly found out where the gaps had occurred and were able to rectify their inventory mistakes. Their investment in automation reduced the human errors encountered during inventory checks and helped them save money.
Business System Automation Yields Surprising Benefits
If you’re considering investing in business systems, there are more benefits beyond improved warehouse efficiency.
These include:
Precise inventory control: Barcode systems and other automation enables precise just in time inventory management. Never be out of stock on critical components or materials.
Improved cash flows: Because precise inventory control reduces expenses, cash flows improve. You’ll have more cash available to invest in other projects.
Reduce waste: Automated business systems can help you reduce waste and excess.
Faster data: Business systems can provide faster, more accurate data. This can help you more quickly address changes in marketplace dynamics, buyer demand and more.
Better tracking: Never be without essential supplies or equipment again. Barcodes can be used to track equipment, trucks, supplies and more so that you’ll always know precisely where they’re located. You can plan better and reduce downtime when you know where everything is at a moment’s notice.
Automate Your Business Processes with EmeraldTC
If you’re looking to automate your business or inventory systems, contact EmeraldTC. We specialize in providing software and services for growing manufacturers and distributors.