Which of the followinf describes how UPC hels with inventory control
barcodes can trigger an order when inventory levels fall to a reorder point
companies can scan the codes to quickly enter data whenever products are recieves moved or shipped
barcodes can make forecasr and estimates of the companys inventory needs
companies can use them to store information about inventory items on cards
All of the options mentioned describe how UPC (Universal Product Code) helps with inventory control. UPC barcodes can trigger an order when inventory levels fall to a reorder point, companies can scan the codes to quickly enter data whenever products are received, moved, or shipped, barcodes can make forecasts and estimates of the company's inventory needs, and companies can use them to store information about inventory items on cards.
The following statement describes how UPC helps with inventory control:
- Barcodes can trigger an order when inventory levels fall to a reorder point.
Barcodes are used in inventory control systems to track and manage inventory. By scanning the barcodes on products, companies can quickly and accurately enter data regarding the movement of products, such as when they are received, moved, or shipped. This helps keep track of inventory levels in real-time and allows companies to set up automated reorder points. When inventory levels fall to a predefined threshold, the barcode system can be programmed to trigger an order for new stock. This helps ensure that stock is replenished in a timely manner, minimizing the risk of running out of popular items or overstocking less popular ones.
The correct answer is:
"Barcodes can trigger an order when inventory levels fall to a reorder point."
Explanation:
UPC (Universal Product Code) is a barcode system widely used in inventory control. It helps companies by providing a unique identifier for each product. This facilitates various inventory control processes, including triggering an order when inventory levels fall to a reorder point.
When a product is assigned a specific barcode, each time it is scanned, information about the product, such as its description, price, and stock quantity, can be quickly accessed and processed. This enables companies to efficiently track and manage inventory levels.
For example, when the stock of a particular item reaches a pre-defined reorder point, the barcode can be scanned, and the system can automatically generate an order to replenish the stock. This minimizes the risk of stockouts and ensures a smooth supply chain operation.
While barcodes themselves do not directly make forecasts or store information on cards, the data gathered from scanning barcodes can be utilized to generate inventory forecasts and estimates. Companies can analyze the sales patterns and inventory data to better predict future demand and adjust their inventory levels accordingly.
Overall, UPC barcodes play a crucial role in streamlining inventory control processes, ensuring accurate tracking of products, and facilitating timely replenishment of stock.