Where Would Business Be Without Barcodes?

Where Would Business Be Without Barcodes?

You can find a barcode on just about anything you purchase these days. But how did barcodes come to be a basic part of tracking inventory? In 1948 a graduate student overhead the president of a food chain begging the dean of the school to undertake a research project in order to capture product information automatically at checkout. The dean turned down the research project but the graduate student could not shake overhearing this conversation.He took this information to his friend who initially worked on ideas and came up with using patterns of ink that would glow under ultraviolet light. This idea, although very well thought out, had several down sides and did not end up fitting the needs of most retailers. The graduate student continued to work on the process of building a system that could capture product information. Initial struggles of this process included factors such as high printing prices, large bulky equipment, and heat from such large strong light bulbs that were first used when trying to create bar code readers actually would burn the paper.Bar code systems that were initially created were very expensive and therefore not many stores could afford to put this new technology in their stores. The bar coding system has now evolved with technology where bar codes printed onto products are small and scanners that read them are hand held. This equipment is very affordable and is used in almost all stores and restaurants or other places of business. Bar codes have changed the way we do business today.Having a system that can easily track purchases and inventory makes it easy for store owners to know when they need to order more inventory and how much inventory to order. They can easily track what products consumers are buying and what is not selling so well. Barcodes also make business much faster. Retailers no longer have to manually enter inventory in.Computers can keep track of everything automatically using the barcodes that are scanned into their computer system. Purchasing products is also faster. There is no need for a cashier in most cases to look up a product or have to manually key in the price. The cashier can simply use a bar code scanner and just scan your product in.This only takes a few seconds and then she can take your money and check you out. Business can serve more customers this way. Having the pricing information automatically tracked by barcodes has also eliminated the countless hours of bookkeeping that merchants used to have to do by hand. Merchants and retailers can now accomplish more in a day than they would have been able to without the invention of the bar coding system. The bar code system has improved the way we do business and enables us to operate businesses more accurately than we could before.

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