Material handlers in companies using Oracle ERP’s traditionally collect material data by scanning the barcodes. These scanners are used in warehouse areas, locations which are far from desktops. These Barcode scanners, wireless and wired, get the job done, but they are bulky and not easy to carry. Additionally, these barcode scanners only retrieve information to the desktop but not allow you to edit and submit data. You need to go to dock area for modifying and submitting data. This is difficult and time consuming. These are the problems that need to be solved for better inventory/warehouse management. With the development of mobile technologies, companies are able to solve complex problems and are achieving modern supply chain experience. In this case, smartphones can replace barcode scanners, connect to ERP systems wirelessly and help material handlers perform inventory tasks in real time.
Smartphones are lightweight and are available with most of the employees. Unlike barcode scanners that only retrieve data, Smartphones, with inventory management apps installed, can scan barcodes, and inventory personnel can use the displayed PO, material information (restocking, transfers, lot number, bin) to perform receive, transfer or count inventory transactions straight from mobile anywhere anytime.
What it means is, material handler can record inventory transactions efficiently as they happen and update database without investing in any extra hardware. Benefits of inventory accuracy include increased customer satisfaction through higher fill rates and guaranteed delivery, and improved supply chain planning to optimize production and distribution plans.
Barcodes & QR Codes
Bar code is a one-dimensional machine readable code. Advancements in technology and need for code to store more information led to the invention of QR Code. A QR code is two dimensional code related to the item to which it is attached. They have become popular due to its fast readability and greater storage capacity compared to standard UPC barcodes. Barcodes are widely adapted in enterprises whereas, QR codes became popular in consumer area. The general presumption of people is that smartphones support QR Codes only. However, this is not true. Smartphones support both. Common details included in a barcode of warehouse material are PO #, Qty received, acquisition price, location code and any other data that helps identify the item.
Benefits from mobile barcode scanning are-
- Easy to carry
- Inventory control
- Perform on the go
- Ability to perform tasks offline
- Real time inventory status
Example Functions in Inventory Department
- Procure to Pay – purchase order, goods receipt purchase order
- Manual and Automatic Replenishment – stock transfers and stock requests
- Production – issue to production and receipt from production
- Inventory – stock cycle counting and lookups
- Time Tracking – Companies can keep track of hours a material/ component is used, and forecast future equipment acquisition requirements.
Oracle Inventory Management Apps w/ Mobile Barcode Scanning Functionality
Algarytm’s inventory Management apps for Oracle with Mobile Barcode scanning functionality simplifies transaction entry process and reduce latencies. These apps are oracle certified and supports Cloud & Non-Cloud deployment. The Total cost of ownership of these warehouse mobile solutions is low, and the apps work on a range of devices that run on Android, iOS or Windows. These apps improve the productivity of employees and automates data entry. Know more about inventory management mobile solutions here.