Read Time: 3 minsUsing QR codes to store and distribute information about the goods your company holds, sells, and moves around can be a new, efficient method to manage your inventory. Significant volumes of data can be stored in three-dimensional QR codes. Accessing that data is made possible by their rapid scannability by scanners and even smartphones. Inventory management software has never been more beneficial thanks to QR codes, which are upgrading traditional barcode inventory systems.

When all is said and done, inventory management can become disorganized, particularly if you don’t have the proper resources. In order to ensure that you can track all of your goods quickly and easily, your team may reduce chaos by utilizing QR codes. Although they have a long list of benefits and are quite simple to use, they may initially seem frightening.

Want to know why QR codes can be so advantageous? Let’s take a look at 5 ways QR codes will supercharge your inventory management strategy.

1. QR Codes Store an Enormous Amount of Data
QR codes, as opposed to conventional barcodes, have incredibly large data storage capacities. You can include more information than just the product name, brief description, and price with them because they can store more than a thousand alpha-numeric characters. Inputs like batch numbers, manufacturing location, and more are also available.
When it comes to storing data in a QR code, the possibilities are endless. This is a huge help when working with detailed products. As an added benefit, this can save the amount of time your staff spends entering data.

2. QR Codes are Fast & Easy to Use
Utilizing QR codes is quick and simple. That in and of itself is a gain. The inventory management app of your choice can read QR codes using the camera on any smartphone, and it can do so almost instantly. All it takes to check products in or out of your inventory system is a quick scan of the QR code with your smartphone.
Your staff will have more time to concentrate on the things that require their whole attention as they will be able to spend less time on the tiresome manual work.

3. You Can Quickly Create Custom QR Codes As Needed
Are there any things that you receive that don’t have QR codes attached? Not a problem! Alternatively, perhaps you produce goods that require inventory. Calm down.
The fastest bespoke QR code generation is possible with the best inventory management technologies. After that, you can print the QR code and affix it to the appropriate goods. This implies that in the event that a label is broken, you may simply reprint QR codes. One of the greatest benefits is that you may easily and whenever you’d like to maintain track of your complete inventory with the option to design personalized QR codes.

4. QR Codes Don’t Require Expensive Scanners
Are you sick and weary of spending a fortune on bulky, hard to operate scanners that squander precious resources?
Barcode scanners are usually bulky, costly, and require a physical connection to a computer system however, QR codes don’t require any of that. Rather, your phone’s camera and inventory management apps can read them. This is where cloud-based technology shines, providing safe and practical scanning features. Having said that, certain inventory management systems allow interaction with specific Bluetooth scanners, so you can make the most of your investment if you’re devoted to your scanners and want to continue using them.

5. QR Codes Make It Easier to Track Inventory
A huge benefit is ease of use. QR codes are an excellent option if you want to quickly view what items in your inventory you have available (and what you need to replenish).
Manual solutions, sometimes reliant on Excel spreadsheets, are substantially inferior to digital tracking labels such as QR codes. Even when you’re on the run, all it takes is a quick scan from your smartphone, and there’s little chance of human error.

6. QR Codes Aren’t Prone to Human Error
Compared to manual systems, QR codes are far less prone to errors. Daily time and energy savings are guaranteed, but they will also spare you from the possibility of a costly and time-consuming error that could occur with a manual system.
Small enterprises with modest inventory holdings might make use of manual processes. However, one error could cause you to run out of supplies or run low on stock. Your records may be thrown off, and cleaning this up may be a nightmare. Errors occur far less frequently with QR codes because they are automated and only need to be scanned, which makes them an excellent option for inventory management.

Conclusion
Because they are so practical and effective, QR codes are a huge help with inventory management. Additionally, they are very flexible, so it might not be as difficult as you think to make little changes to your tracking system.Seek for an inventory management app that gives you the ability to create and utilize barcodes or QR codes. The majority of organizations may gain from an app that supports both barcodes and QR codes because barcodes are a widely used and efficient tracking tool and QR codes are more flexible and offer more benefits.
Would you like to see a QR code-based inventory management tool in action? Launch GOIS Demo now!