Proper inventory management is the backbone of successful businesses, preventing stockouts or excess stacks. It ensures a smooth supply chain, providing materials for operations. This critical ...

The concept of the barcode — an alphabet made up of thick and thin bars — came into being in the 1950s. It took another quarter of a century for one to be printed on product packaging and scanned.

After barcodes were put into use more than 50 years ago, the technology revolutionized the grocery business. The technology also revolutionized nearly everything else in the supply chain and logistics ...