Barcode Inventory Software

Considering A Barcode Inventory Software For Your Business in Singapore?

Barcodes provides business owners in Singapore with a flexible mean to record and share inventory related data electronically.  Whether for medium or small business, these inventory scanner systems offer time savings and accurate tracking of your goods in stock which are the vital assets of your business.

There are many advantages to utilizing inventory software as it allows you to keep track of inventory products in stock, out of stock, and currently being processed for orders.

In addition to this, inventory software can notify you of low stock volumes and quantity needing to be ordered, which are critical in helping you manage your sales.

Managing your inventory can be a breeze with barcode inventory management software. A small business barcode inventory system can help an enterprise save time and money by creating an efficient inventory management system.

These types of systems come with more than just software as they need hardware to power the barcode printers and scanners that are used in taking inventory.

Different types of barcodes

There is an array of barcodes in the market for different applications.  For example, there are alpha numeric barcodes which is the all-purpose code that are used worldwide.  There are numeric only bacrods or industry standard barcodes.

Some of the benefits of using barcode inventory are as follows:

1. Remove Data Entry Errors

Using barcodes created by the barcode software will remove data entry errors as you need not input inventory data manually.  This will also save you time in reconciling and rectifying the errors.

Costly errors relating to wrong recording of the inventory value and quantities are also minimised.

2. Speeds up Inventory Management

The existing templates found in the barcode software enables easy creation of barcode labels, asset tags, addresses and so on.  In addition, huge amount of time is saved as most of the work can be automated.

This includes receiving and selling the products via scanning of the products with a barcode, generating sales orders, sales invoices and other documents via integration of the software to the inventory program.

With the barcode scanner to use in Singapore You need not spend considerable amount of time counting and recording the inventory details and quantities manually in a computer and generating sales orders and other documents via the inventory program.

3. Improves Inventory Control

An inventory barcode system for small business allows you to create continued serial numbers on your inventory or asset tags.  This makes your tracking easier and hence improves the control.

In addition, it allows exact tracking of every single inventory, even by location.  This reduces amount time spent in finding the inventory and also unnecessary amount spent in replacing a inventory, just because you have to deem the assets as lost, as you are unable to ascertain the whereabouts of the inventory.

4. Helps in Decision Making

As barcodes are versatile, you are able to customise it in a manner to help you in your data collation for better decision making.

The data is also available on a real time basis, which means that you will have the actual level of inventory on hand at any point in time.

Some of the useful data includes a list of inventory that are better selling, more popular and inventory requiring longer lead time and shipment time.  These data can help you in making better informed decisions in making your next purchase and to increase sales.

Better decision making resulting from these useful inventory information will result in repeated customers as you are able to meet to their demands within a short turnaround time.  This leads to increased sales, which is one of the important objective of any business looking for sustainability and growth. 

5. Reduced Costs

Some of the reduced costs relate to less time and manpower in tracking inventory.

You do not need that same amount of employees to do the stock count and manual recording of inventory for you.  With less manual inputs, reduced human input errors mean less time required to rectifying and reconciling any potential human input errors, which are extremely tedious when multiple locations are involved.

Your employees can use these time saved to spend on activities that help increase sales and income for your Company.  The barcode inventory management system for small business will also help you to reduce holding costs as you will are able to make timely and informed decision on which inventory to stock up or replenish with the data available.

With the above benefits listed, purchasing a barcode inventory software improves efficiency and save costs, which will ultimately save money for you.  It will also boost sales which will spur business growth.

How does a barcode inventory program work?

First of all you need is to make sure that you have the correct hardware for your business.

Having the right type of scanners will make all the difference.

You need to know what type of barcodes you will be working with, as this will determine the hardware that you are using to scan them. Plus some barcode scanners do come with a longer distance radius thus allowing you to read the merchandise codes from farther away, making it easier to take inventory in a warehouse where things may be stacked up high.

The scanner will scan the merchandise code that you hold in front of the red laser line (this identifies and focuses in on the code), and then input the information into the system.

If you want to be able to print or create your own labels for barcodes, you will want a barcode printer. This will work in conjunction with the software that you have and allow you to print out labels for your inventory stock.

There are some barcode inventory program that integrates with the accounting software, if you are looking for that, do ensure that the application you are buying has the inventory and accounting management program or is able to integrate to the current accounting software that you have.

What does a barcode software package consist of?

• The handheld scanner that allows you to print and scan the codes.
• Barcode software that will allow you to ship, receive and count inventory.
• Track parts across multiple locations – this is in conjunction with the shipping and receiving feature that some barcode inventory software has.
• It can handle order management.
• It may also be able to integrate with your accounting software or customised ERP software.  This allows you to generate sales delivery order and invoice and even capture these inventory related transactions into your financials via the accounting module.

The 5 Benefits For You When You Buy From Us >>

By using a barcode inventory management software, you can make your small business run smoother by implementing fast checkout experiences, accurate tracking of shipped orders, and better manage inventory stock as well as integrate it with your accounting software for easy information and data compilation.

As a result, you will also have more free time which can be used to plan strategies to grow your business.

Our Solutions

a) Our off-the-shelf program

• Barcode Inventory Software Features can also be added to cloud software.  One popular accounting and billing software option in Singapore is QuickBooks Online, with affordable monthly fee. It is easy to use and the mobile app version allows you to manage your inventory, do business anytime and anywhere, saving you time.With the secure backup, you need not worry about the manual backup, making this a cost effective solution for you. In addition, there is no need for you to pay additional fee for updates or upgrades, as it is already included in the monthly fee.
• MYOB Premier Plus  can add on Barcode Inventory Software Features.
  It is one the Singapore inventory software that is worth considering.  MYOB Premier Plus offers Powerful Accounting and Billing Features. The software caters to Multi Currency-Transactions, Multi-Users, Time-Based & Tracking and Payroll.

b) Our customised software

We will provide a tailored solution to meet your business, to provide you Innovative Inventory Control Features required for your business’ proper and robust inventory management process in Singapore.
We will have a detailed discussion (no obligations) to discuss your current inventory tracking process and recommend solutions to address your company’s needs.

Contact Us (click here) now to ask about using MYOB for your business or our customised software today!