The Barcode Story: Its Past, Present, And Future
Whether you're buying online or shopping in a store, there are many
modern shopping conveniences available today that can be traced back to
the debut of a seemingly simple technology - the first barcode scan.
With a powerful impact on global commerce, the barcode is used by millions of people everywhere, every day.
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The Barcode's Origins
Few shoppers today remember a time when product prices were manually entered at a cash register. Before checkouts featured barcodes and scanners, long lines snaked throughout the supermarket and shoppers waited impatiently. Grocery stores were desperately searching for a way to improve efficiency and profits.
On June 26, 1974, the UPC barcode made its debut at the checkout counter of the Troy, Ohio Marsh Supermarket. The first item scanned was a ten-pack of Wrigley's Juicy Fruit gum, priced at 67 cents. The local newspaper headline read: "Local Marsh Store Features Computerized Checkout System."
Today's Impact and Opportunity
Today, the barcode is scanned more than six billion times a day globally. Multiple versions and uses of the barcode have emerged over the past few decades. QR codes, for example, provide consumers with detailed product information with the scan of a smartphone. Barcodes and their associated numbers have also become an important part of e-commerce by helping to make products easier to find online and that the right product arrives at the consumer's doorstep.
While barcodes have improved the consumer experience, they have also transformed businesses. For example, barcodes help manufacturers and retailers track products in the supply chain and play a major role in inventory management. Advanced barcodes can help manufacturers and retailers pinpoint products during a recall, or identify counterfeit goods so that they can be removed from stock.
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