If you have garnered any experience in the manufacturing sector, you know full well that managing your inventory is one of the highest priorities – and brings with it a whole slew of ever-changing challenges. This is where the magic of barcode scanning and the way in which such systems allow users to more quickly and efficiently scan information comes into play; indeed, your sales and inventory management can be improved simply through the support of barcode applications and hardware.
Into this foray have come what are known as GS1-128 barcodes, a universal barcode application standard of the Code 128 format, developed by the GS1 US standards organization to provide a global standard for exchanging common data between companies. We’ll get into the details regarding GS1-128, but in the meantime, let’s take a quick look at how Microsoft Dynamics NAV plays a role in warehousing operations that use barcodes.
Dynamics NAV and the Barcode Factor
Out of the box, as they say, Microsoft’s Dynamics NAV boasts the ability to interpret simple barcodes, which simply means that a barcode number can be “mapped” to an object in NAV. However, NAV does not natively support barcode scanning, so a third-party solution is required to interface a barcode scanner with Dynamics NAV.
When Companies are Looking to Do More with Barcodes
There are many instances wherein you will want to do more with barcodes, and we understand that; perhaps you want to go beyond looking up a NAV object based on a barcode scan by writing data to NAV while tracking more complex information. Through implementations such as Insight Works’ Warehouse Insight add-on, NAV boasts the ability to process those GS1-128 barcodes we mentioned – you can think of it as the conduit to perform this process.
Which leads us to…
The Nuts and Bolts of GS1-128 Barcodes…and Their Benefits
A GS1-128 barcode is a universal barcode that can contain a Serial Shipment Container Code (SSCC) that’s used to identify a logistic unit – or item information including company code, item number, lot number, serial number, quantity, weight and more. Any combination of these data points may be used by a company in a single barcode.
Now, in getting back to better managing your inventory, GS1-128 barcodes allow you to more quickly and efficiently scan information for the purpose of improving sales and inventory management. Take a look at these examples:
- Efficient reordering is achieved when fast-selling items are identified quickly.
- Inventory buildup is prevented when slow-selling items are identified.
- Fast-moving, more profitable items can occupy the best space after the effects of merchandising changes are monitored.
- Seasonal fluctuations are predicted very accurately through the use of historical data.
- Items may be repriced on the shelf to predict both sale prices and price increases.
When it’s Time to Take Barcodes to the Next Level…
It’s Time for Insight Works
We know something about barcode tech and inventory management solutions. As a global leader in operational productivity improvement, Insight Works leverages a depth of Microsoft Dynamics NAV expertise and a proven set of NAV add-on modules – like our revered Warehouse Insight – to help organizations around the globe reduce operational costs, improve efficiency and drive productivity.
Contact us today to learn more about changing your inventory management operations for the better.