1. Up-to-date and precise information about stock, batches and expiry dates provides better information for sales, purchasing and production. This can lead to leaner stock levels saving capital.
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2. Dispatch instructions based on precise physical locations and batches can save warehouse labour and allow for better stock control.
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3. Barcode systems, especially coupled with mobile PDA readers, increase control over stock and save on warehouse administration costs.
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4. Returnable packaging and transportation can aid materials being followed in the system, in some cases saving substantial money for the company.
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5. Following individual, unique ID items, usually tagged with barcodes, QR codes or RFIDs, gives more control over stock and can lead to savings in labour costs.
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6. Dynamic locations (e.g. tagged boxes, pallets) make stock transfers easier, saving on labour costs and increasing stock location accuracy.
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7. You can locate and follow dynamic locations on your site or within the warehouse with indoor GPS cards. This can save time and labour costs.
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