With more than 5 billion barcodes are scanned each day, supply chains would be wise to consider migrating to 2D technology.
By Zebra Technologies
November 13, 2017
From raw material to finished goods, the supply chain industry is realizing the power of imagers’ real-time visibility.
Instant data about assets, goods and processes can boost quality, accelerate operations, and reduce costs.
By digitizing the physical, manufacturers can more precisely stock inventory, course correct issues before they impact quality and rapidly adjust to market demand.
In fact, one study found that for every $1 spent on such technology, $6 were gained in revenue, $16 in savings and $3 in profits. It’s little surprise then that 64 percent of firms expect to implement data connectivity via 2D barcode technology, RFID, wearables and voice solutions.
The same is true of warehouses. Executives plan to expand the use of 2D barcode scanning by 67 percent over the next five years. That expansion is driven by the increasing demand for speed, accuracy and automation in the face of spiraling online orders, the variety of supply chain goods, and more stringent mandates.
Little wonder then that 2D imager purchases now comprise 60 percent of the handheld market compared to 20 percent market share of laser scanners.