Did you know QR code can cut your shipment errors and returns drastically?

QR Code for shipment trackingIf you are a factory owner or goods producers, this may be for you. Small businesses often struggle with shipment errors and returns. Manual processes and human error can lead to picking the wrong items, sending to incorrect addresses, or damaged goods arriving. These issues not only cost money in return shipping and processing fees but also damage customer satisfaction.

QR code can make tracking your shipment accurate and super-easy

A smartphone App is the lightest solution you can imagine. Using the App, you can generate QR code for each shipment and also use the same app to track them from anywhere. Each time someone scans, the location and time is recorded in the App. That way anyone in your office can track the item in almost near real-time.

  • Unique Identification: Each product or package would have a unique QR code attached. This code encodes information like the product ID, order number or any other fields you like to include.
  • Scanning for Accuracy: Warehouse staff can scan the QR code with a smartphone during picking and packing. This ensures the correct item is selected and placed in the appropriate package.
  • Real-Time Tracking: More scan adds more real-time updates. This transparency helps identify potential delays or delivery exceptions.

A 2021 survey by Zebra Technologies revealed that 83% of businesses using QR codes reported a decrease in picking errors.

A 2020 study by Deloitte found that real-time shipment tracking with QR codes reduced shipment returns by 15%.

Incidentally INDTRAC QR App does exactly what is needed. What’s more? We will help you in case you need any assistance in setting up at no cost to you.

Cost Savings through QR Code-Based Asset Tracking

QR Code based Asset inventory
In the ever-evolving landscape of business operations, efficiency and cost-effectiveness are paramount. Many companies are turning to innovative solutions like QR code-based asset tracking to streamline processes and reduce operational costs. Let’s explore how adopting this technology has enabled businesses across various sectors to achieve significant savings.

Case Study 1: Manufacturing Sector

Company Profile:
A medium-sized manufacturing firm with multiple production facilities and extensive machinery.

Challenge:
The company faced challenges in tracking the usage and maintenance schedules of machinery across different sites. Manual record-keeping led to discrepancies, delays in maintenance, and increased downtime.

Solution:
Implemented a QR code-based asset tracking system integrated with their existing maintenance management software. Each machine was tagged with a QR code linked to a digital profile containing maintenance logs, service schedules, and operational data.

Results:

  • Reduced Downtime: By monitoring maintenance needs in real-time, the company minimized unplanned downtime by 30%, leading to increased productivity.
  • Improved Maintenance Efficiency: Scheduled maintenance became more efficient, reducing overall maintenance costs by 20% annually.
  • Inventory Optimization: Better tracking of spare parts and consumables lowered inventory costs by 15%.

Case Study 2: Logistics and Transportation

Company Profile:
A logistics company specializing in warehousing and distribution services.

Challenge:
Tracking and managing a vast inventory of goods across multiple warehouses and during transit was cumbersome and prone to errors. This led to inefficiencies in order fulfillment and increased operational costs.

Solution:
Deployed a QR code-based inventory management system that enabled real-time tracking from warehouse to delivery.

Results:

  • Enhanced Inventory Accuracy: Reduced inventory discrepancies by 25%, minimizing stockouts and overstock situations.
  • Optimized Route Planning: Improved asset visibility allowed for optimized route planning, reducing fuel consumption and transportation costs by 15%.
  • Faster Order Processing: Streamlined order picking and fulfillment processes increased operational efficiency, leading to faster turnaround times and improved customer satisfaction.

Case Study 3: Healthcare Sector

Company Profile:
A network of hospitals and clinics facing challenges in managing medical equipment and supplies.

Challenge:
Ensuring timely availability and tracking the usage of medical equipment and supplies across different healthcare facilities was critical for patient care and operational efficiency.

Solution:
Implemented a QR code-based asset tracking system integrated with their inventory management software and patient records system.

Results:

  • Improved Asset Utilization: Optimized usage of medical equipment reduced unnecessary purchases and extended equipment lifespan, resulting in cost savings of 18%.
  • Enhanced Patient Care: Timely availability of critical supplies improved patient care outcomes and reduced emergency procurement costs.
  • Regulatory Compliance: Maintained compliance with healthcare regulations by tracking equipment maintenance and usage history seamlessly.

Conclusion

Across diverse industries, adopting QR code-based asset tracking systems has proven instrumental in driving operational efficiency and achieving substantial cost savings. Whether in manufacturing, logistics, healthcare, or beyond, companies have reaped the benefits of real-time visibility, improved inventory management, and streamlined operations. By leveraging technology to enhance asset tracking capabilities, businesses not only reduce costs but also position themselves for sustained growth and competitiveness in today’s dynamic marketplace.

Ready to transform your operations and unlock cost-saving opportunities? Try INDTRAC QR App for free. Call us for any help you need.

How QR Code helps small businesses in efficiently managing assets

App based asset trackingIn small businesses capital good and assets are major investments. Managing them efficiently should therefore be of paramount importance. Paper-based way of asset tracking and record keeping is time-consuming if not error-prone and costly.
Using QR Code can make the process simple, fast and entirely digital. It can streamline processes, improve worker productivity, enhance asset traceability, ensure accurate record keeping and importantly deliver cost reduction due to higher asset utilization and reduced worker downtime.

In a typical case, the asset manager uses a smartphone App to generate QR Code for each asset. He/She prints them and fixes each QR code on respective asset. Now workers start using the App to update current status. The Asset manager can track all assets from his smartphone from anywhere in real-time.

In a recent survey, organizations acknowledged the challenges they faced in maintaining accurate asset records. QR code-based digital asset tracking systems alleviate these issues by automating the data capture process. Every time an asset is scanned, relevant information such as location, maintenance history, and user details are recorded digitally, ensuring a comprehensive and reliable record-keeping system. This accuracy not only saves time but also improves overall data integrity.

A study claimed that businesses can reduce asset loss by up to 50% through effective tracking and management.

In summary,

  1. One can  create, print, label and track existing assets using QR codes at a marginal cost of RFID based system.
  2. QR Codes are extremely convenient as they can be accessed and generated through mobile App
  3. QR Codes are a lot more resilient and flexible compared to bar codes.
  4. App can help one to customize alerts / notifications to track asset check-in / check-outs.
  5. QR code also help one to track asset service dates and asset service renewal dates using real-time App notifications.
  6. One major benefit is that using QR Code, the organization can easily monitor asset’s condition digitally throughout the asset’s life. With asset audit becoming entirely digital, business’s ability to plan ahead for future procurement becomes so much easier.

INDTRAC QR Code App helps businesses track their assets digitally with QR Code alone.

QR Code Asset Tracking App launched

INDTRAQ QR Code android App for Asset tracking is now available. If you are a small business owner and want a simple solution to track your assets, we request you to try our QR Code App. No credit card is required for registration. Simply download the App and install in your android phone.

 

Easy to Use

After installing the App, follow the link to register your site. Once site is ready and live, which typically takes about twenty-four hours, you can login to the App.  By default you are the Admin of your site.

Once you login, add your assets, create unique QR code for each asset, download the QR code in your Google Drive. Print and fix it on the asset.  Now configure your site in the Admin console. Add location tags for each unique location your assets are expected to be. Add process work flow steps.

Now invite your users and let them start tracking the assets or updating the asset status.

 

 

Use for free

Our free plan is limited to 10 assets and 5 users. If you need to use it for more assets, please call us to explore our premium plans. And please do not forget to share your feedback with us. If you like the App, please rate us 5 star in Capterra and G2