Figuring out the best way to keep track of your inventory can seem like a nightmare. You have a huge amount of product to store and move on a daily basis, and if you can’t find a way to keep track of it, you’ve basically guaranteed a huge amount of lost time for your company.
Using labels for your inventory management process is an easy way to keep track of your products and assets. Labels help you differentiate items that belong in different categories. When you are looking for something in a hurry, having a label system already in place can help you locate the item quickly and get on with your work.
Having an inventory label printer makes it easy for you to change your labels as your inventory changes. If you move a lot of product, or have seasonal product that isn’t in stock all year round, you need to be able to change your inventory labels on a regular basis.
There are several kinds of labels you can use. The two most common are simple word labels and barcode labels. Word labels are useful when you want to help employees see physical spaces for different kinds of inventory. Barcode labels are helpful for the types of software you’ll use to manage your inventory.
You might want to use a combination of both to keep your inventory organized efficiently. Inventory label printers won’t have any issues printing both regular words and barcodes.
As far as the type of tags you use, you’ll want to pick what works best for your company and product. Is your product on the smaller end? Do you only have to worry about it sitting on warehouse shelves, or do you need to worry about potential theft as well? There are several inventory tag templates available, so you can choose whatever works best for you.
Putting barcode tags on your inventory items makes it easy for you to look them up in the system in a hurry. You can use these barcodes to transfer item information from the tag to your inventory system.
Inventory labels make it easy for you to maintain an accurate inventory. Tracking aspects like product quantity, location, and life cycle are important to keeping your business running. You’ll be better able to track your orders and reduce management errors. If you run short of something when your customer requests it, they won’t be happy.
Labels also make it easy for your employees to track equipment and tools they use for their job. Construction companies can track power tools and construction machines, IT companies can track hardware and software, and healthcare companies can track medical tools and equipment.
Asset Panda makes it easy for you to create your own inventory labels. We understand the importance of keeping your inventory up-to-date with your stock. Having any errors in your system means it’s harder for you to deliver customer satisfaction. That’s why we designed our system to make it easy for you to upload your asset information and record your data over time. Your information gathered over time can help you make executive decisions to improve your business practices.
Want to see how easy it is to keep your records up to date? Sign up for a free trial today!