Barcodes have many applications which can be used from schools to high technical organizations. They have many advantages which enhances increase in productivity of businesses. Barcodes are labelled on an item which can be read by barcode readers or barcode scanners. Symbol scanners, HP scanners and others are used for reading data on barcodes. The data from the barcodes, after read by a barcode scanner is stored in a database. Barcodes are used to track inventory information.

Management of asset information can be done in less time efficiently by use of barcode systems. This reduces the time taken by manual checking. It indirectly helps in increasing the productivity.

A huge amount of time can be lost while tracking the location or status of the products. As barcodes provide the result in seconds, a lot of time can be saved. That time can be utilized by staff in doing other work. Hence it automatically helps in increasing productivity.

Data from barcodes can be read at a faster rate with high accuracy. This avoids the rate of errors which are possible by humans. Better and faster customer service can be provided by barcodes. So there is no necessity to employ staff for data entry and checking purposes. This helps in reducing labor costs and payroll. These cost savings can be used for investment in any other research and development of a business. It helps in enhancing the productivity and profitability of a business.

Up-to-date and accurate data is provided by computerized systems that store databases containing information of barcodes. It enables an organization to manage the assets accurately which is not possible through physical inventory. An overall asset base, improved asset utilization, and increased productivity are the results of applications of barcodes.

Barcode scanners and barcode printers of advanced technologies are used for maintaining barcode systems. Symbol barcode scanner, HP scanner, Wasp Printer, Zebra printer are some of the products of various manufacturers. The business of these manufacturers is increasing rapidly with advance in technology and application of barcode systems at various industries.