PPT Slide
Key drivers for barcoding and anticipated benefits
- Barcoding is international practice for past 25 years and there is increasing demand from overseas buyers for accepting only barcoded supplies.
- Product track & trace requirements enabling product recall (if required for expired drugs, defective/spurious goods, etc.)
- Global demand for efficient and automated supply chains for product movement from point of manufacture to its point of sale/consumption.
- Just – in – time monitoring requirements of product stock levels (to avoid over stock/under stocks) of essential items (pharma, drugs, food products, etc).
- Cost pressures to reduce end product prices to consumers thru reduction in supply chain costs.
- Requirement for accuracy/speed in facilitating movement of goods thru automatic data capture (by barcoding).