Barcode hangtags is a type of tag that incorporates a barcode as a means of tracking and managing inventory or products. Barcodes are machine-readable codes consisting of a series of parallel lines, typically found on the product packaging or a label. They contain encoded information about the product, such as its unique identification number, price, and other relevant data.
Here are some key points about barcode hangtags:
Identification: The primary purpose of a barcode hangtag is to uniquely identify each product in a store’s inventory or supply chain. This allows for efficient tracking, sales, and inventory management. These hangtags often include important information about the product, such as a unique SKU (Stock Keeping Unit), product name, description, price, size, colour, and other relevant details. This information helps staff quickly identify and locate specific products in a retail store or warehouse.
Scanning: To retrieve information from a barcode, a barcode scanner or reader is used. When the scanner passes over the barcode, it reads the encoded information and communicates it to a computer system or point-of-sale (POS) terminal.
Inventory Management: Barcode hangtags are crucial for inventory management, as they enable businesses to keep track of the quantity of products in stock, monitor sales, and reorder items when necessary.
Price and Product Information: Some barcode hangtags include pricing information and product descriptions. This information can be automatically updated when the barcode is scanned, ensuring accurate pricing and product information at the point of sale.
Retail Applications: Barcode hangtags are commonly used in retail settings, allowing cashiers to scan products quickly and accurately during the checkout process. This reduces errors and speeds up the transaction, and for technical or electronic items, these hangtags may provide information about product features, specifications, and warranty details.
Supply Chain and Logistics: Barcodes on hangtags are also valuable in supply chain and logistics operations. They enable efficient tracking of products as they move through various stages of production, distribution, and delivery.
Customization: Barcode hangtags can be customized with branding elements, such as a company logo or product design, while still incorporating the barcode for functionality.
Cost-Effective: Implementing barcode systems is often cost-effective compared to other tracking methods. The cost of producing barcode hangtags is relatively low.
Promotions and Discounts. These Hangtags can also be used to communicate promotional offers, discounts, or sales information to customers. For example, they may include messages like “50% off” or “Buy one, get one free.