Barcoding Technology Articles
Intrinsically Safe Specifications
“Intrinsically Safe” (I-Safe) is a protection certification used to identify electronic equipment that is safe to use in explosive atmospheres. A device that is deemed “intrinsically safe” has been designed and certified to eliminate (or encapsulate) any components that produce sparks or heat that could ignite flammable gasses, dusts, or fuels present in an environment.
PhyleTec WMS Solution Offers Accurate Inventory Control
PhyleTec is a modular, hosted WMS (Warehouse Management System) and ERP (Enterprise Resource Planning System) rolled into one, designed specifically to help the distributor/manufacturer manage what is in the warehouse.
More about PhyleTec's WMS Solution
Currently RFID technology is capable of increasing efficiency, providing a high level of data integrity, lowering costs, delivering goods faster, increasing accuracy, and providing inventory visibility.
Widespread adoption of RFID has been limited due to cost, but each year costs and prices tend to decline consistently. The Catch-22 is that in order for considerable cost savings to occur, widespread adoption must take place. Yet the cost of RFID tags shouldn’t always influence the adoption of the technology.
North Americans tend to believe that the newer the technology, the better it is. But that may not always be true.
Today barcoding technology is nothing new, and yet its use hasn’t diminished. In fact, barcoding equipment suppliers are consistently finding new ways to stay competitive in a technologically advanced market. But how can you decide what’s best for your company?
It is well understood that cycle counting is a key component of keeping an accurate count of your inventory. However, the latest innovation in inventory management is "cycle counting by frequency." Until now, most people relied on Pareto's rule of "80/20" - 20% of the inventory will likely represent 80% of the inventory's value. While most accountants will be happy with this way of cycle counting, it is very inefficient in the supply chain.
Barcoding Inc. has various software and hardware solutions to help you conduct year-end inventory counts that will drastically reduce the time and effort it takes to perform them. As items cannot be added to or taken away from, your inventory as it is being counted, performing an inventory count in as little time as possible, while maintaining its integrity, is critical to keeping your business up and running.
Reduce Tax Liability and Improve Cash Flow
Like most businesses, you allocate significant time, money, and resources into improving your business. If
you’ve developed new products or made improvements to your products or your processes, you likely have
incurred costs that qualify for the Federal Research and Development (R&D) tax credit. In addition, there have
been recent developments surrounding R&D that are business-friendly; so now is a perfect time to let the
experts at Clifton Gunderson perform a research and development review and find opportunities to reduce tax
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