Why Is Inventory Management So Difficult?

Keeping track of inventory sounds simple until your business starts growing. Every day, companies struggle with these challenges

Stock Errors & Missing Items

Manual stock tracking leads to miscounts, discrepancies, and missing inventory, costing businesses thousands in write-offs.

Slow & Expensive Audits

Stock counts take hours or days, requiring extra labor & leading to outdated records.

Overstocking & Stockouts

Ordering too much wastes capital, while stockouts cause lost sales & customer frustration.

No Real-Time Visibility

No way to track inventory across locations, delays in stock movement, lack of live updates.

RFID vs. Barcode

RFID

Features

  • How It Works

Reads multiple tags at once without line-of-sight.

  • Scanning Speed

Fast (100s of tags per second).

  • Range

Can scan from several meters away.

  • Automation

Works with fixed RFID readers & handheld scanners.

  • Cost

Higher upfront cost (tags & readers).

  • Best For

Warehouses, Manufacturing, Healthcare, High-volume Retail.

Barcode

Features

  • How It Works

Requires manual scanning of each barcode one by one.

  • Scanning Speed

Slow (1 scan at a time).

  • Range

Must be close to the barcode (1-2 ft max).

  • Automation

Requires manual labor to scan every barcode.

  • Cost

Lower initial cost, but higher labor costs over time.

  • Best For

Small businesses, simple inventory systems, retail POS.

Scalable Inventory Solutions for Every Business

Inventory scanning has evolved. Whether you need speed, automation, or cost efficiency, choosing the right technology is key. Here’s how RFID and Barcode compare:

Increased Accuracy

Reduce discrepancies between recorded and actual inventory by up to 99%.

Enhanced Efficiency

Automate stock counts, reduce human effort, and save time.

Cost Savings

Lower labor costs and minimize losses due to inventory mismanagement.

Improved Decision-Making

Access real-time insights for better forecasting and planning.

Integration with Other Systems

ERP Systems

Seamless integration with SAP, Oracle, Microsoft Dynamics, and other enterprise platforms.

Mobile Devices

Compatible with smartphones, tablets, and handheld RFID readers for real-time inventory control.

Cloud Services

Secure cloud-based data storage and remote access for complete visibility across locations.

How Asset Tracking Works

Case Study: Securing Inventory for a Fashion Retailer

  • Reduced stock counting time by 85% with RFID-based solution.
  • Cut management audit time by 60%, ensuring stock accuracy.
  • Saved $2M annually by eliminating manual tracking inefficiencies.

Testimonials

“We used to spend hours searching for lost tools and equipment across job sites. With automated asset tracking, we know exactly where everything is, and theft has dropped by over 60%.”
Eric TownsendOperations Manager - Events Rental Company ON, CA.
“Before automated tracking, we constantly struggled with misplaced inventory and inaccurate stock counts. Now, audits take 75% less time, and shrinkage has dropped by 40%. The system paid for itself in six months.”
Sarah LoOperations Manager, Optical Retailer BC, CA.
“Managing temperature-sensitive medicines and vaccines was a major challenge for our client Using 44North’s RFID Starter Kit, we deployed a tracking system that now provides visibility across storage facilities. Compliance reporting is fully automated, and retrieval time has improved by 80%.”
Vikrant KumarZoho Partner TX, USA
“We manage high-value shipments across multiple locations, and misplacements used to cost us heavily. With automated tracking, our reconciliation is 85% faster, and misplaced shipments are almost zero.”
John David Logistics Director, SME Distribution Firm MA, USA.

Frequently Asked Questions

Retail, warehouses, healthcare, and manufacturing

Typically 4-8 weeks, depending on system complexity.

Yes, we tailor our solutions to meet your unique requirements.

Absolutely! We provide full training and ongoing support to ensure success.

Want to transform your inventory management with smart scanning solutions?

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