NAICS Code 423420-06 - Bar Code Scanning Equipment & Supplies (Wholesale)

Marketing Level - NAICS 8-Digit

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Total Companies

155

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NAICS Code 423420-06 Description (8-Digit)

Bar code scanning equipment and supplies wholesalers are businesses that specialize in the distribution of bar code scanning equipment and related supplies to retailers, manufacturers, and other businesses. These wholesalers purchase bar code scanning equipment and supplies from manufacturers and then sell them to businesses that use them to track inventory, manage sales, and improve efficiency. Bar code scanning equipment and supplies wholesalers may also provide installation, maintenance, and repair services for the equipment they sell.

Hierarchy Navigation for NAICS Code 423420-06

Tools

Tools commonly used in the Bar Code Scanning Equipment & Supplies (Wholesale) industry for day-to-day tasks and operations.

  • Handheld barcode scanners
  • Stationary barcode scanners
  • Wireless barcode scanners
  • Barcode printers
  • Barcode labels
  • Barcode ribbons
  • Barcode software
  • Barcode verifiers
  • Barcode readers
  • Barcode scanners with integrated scales

Industry Examples of Bar Code Scanning Equipment & Supplies (Wholesale)

Common products and services typical of NAICS Code 423420-06, illustrating the main business activities and contributions to the market.

  • Barcode scanners
  • Barcode printers
  • Barcode labels
  • Barcode software
  • Barcode ribbons
  • Barcode readers
  • Barcode scanners with integrated scales
  • Barcode verifiers
  • Wireless barcode scanners
  • Stationary barcode scanners

Certifications, Compliance and Licenses for NAICS Code 423420-06 - Bar Code Scanning Equipment & Supplies (Wholesale)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • GS1 US Certified: This certification is required for companies that want to use barcodes in their products. GS1 US is the organization that provides this certification. The certification ensures that the barcodes used by the company are unique and comply with the standards set by GS1 US.
  • ISO 15416: This certification is an international standard that specifies the quality requirements for barcodes. It is used to ensure that the barcodes are readable and can be scanned by barcode scanners.
  • ANSI MH10.8.2: This certification is a standard for barcode quality. It specifies the requirements for the printing and scanning of barcodes. It is used to ensure that the barcodes are readable and can be scanned by barcode scanners.
  • FDA UDI: This certification is required for medical devices that are sold in the US. It is used to ensure that the medical devices have a unique device identifier (UDI) that can be used to track the device throughout its lifecycle.
  • FCC Part 15: This certification is required for electronic devices that emit radio frequency energy. It is used to ensure that the devices do not interfere with other electronic devices.

History

A concise historical narrative of NAICS Code 423420-06 covering global milestones and recent developments within the United States.

  • The history of the Bar Code Scanning Equipment & Supplies (Wholesale) industry dates back to the early 1970s when the first barcode was scanned in a supermarket in Ohio, USA. The barcode technology was initially developed to help automate the checkout process and reduce human error. In the following years, the technology was adopted by various industries, including healthcare, logistics, and manufacturing, to improve efficiency and accuracy. In the 1990s, the industry witnessed a significant shift from traditional laser scanners to more advanced imaging scanners, which could read barcodes from mobile devices and screens. In recent years, the industry has seen a surge in demand for contactless scanning solutions due to the COVID-19 pandemic, leading to the development of new technologies such as QR codes and RFID tags. In the United States, the industry has experienced steady growth over the past decade, driven by the increasing adoption of barcodes in various industries. The healthcare sector has been a major contributor to the growth of the industry, with the implementation of the Affordable Care Act and the need for accurate patient identification. The retail sector has also been a significant driver of growth, with the increasing popularity of e-commerce and the need for efficient inventory management. The industry has also witnessed a shift towards cloud-based solutions, which offer real-time data analytics and remote management capabilities. Overall, the Bar Code Scanning Equipment & Supplies (Wholesale) industry has played a crucial role in improving efficiency and accuracy in various industries, and is expected to continue to do so in the future.

Future Outlook for Bar Code Scanning Equipment & Supplies (Wholesale)

The anticipated future trajectory of the NAICS 423420-06 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Bar Code Scanning Equipment & Supplies (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for bar code scanning equipment and supplies in various sectors such as retail, healthcare, and logistics. The growth of e-commerce and the need for efficient inventory management systems are also expected to drive the demand for bar code scanning equipment and supplies. Additionally, the increasing adoption of automation and the Internet of Things (IoT) in various industries is expected to create new opportunities for the industry. However, the industry may face challenges such as the high cost of equipment and the need for skilled professionals to operate and maintain the equipment. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 423420-06

Recent groundbreaking advancements and milestones in the Bar Code Scanning Equipment & Supplies (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Mobile Scanning Devices: These devices allow users to scan bar codes using their smartphones or tablets, making it easier to track inventory and manage assets.
  • Cloud-Based Inventory Management Systems: These systems allow businesses to manage their inventory in real-time, reducing the risk of stockouts and overstocking.
  • RFID Technology: RFID tags can be used to track inventory and assets, providing real-time data on their location and status.
  • Wearable Scanning Devices: These devices can be worn by workers in warehouses and other settings, allowing them to scan bar codes hands-free.
  • 3D Bar Code Technology: This technology allows for the creation of bar codes that can be scanned from any angle, making it easier to track inventory and assets.
  • Automated Scanning Systems: These systems use robotics and other technologies to scan bar codes and manage inventory, reducing the need for human intervention.
  • Machine Learning and AI: These technologies can be used to analyze data from bar code scanning systems, providing insights into inventory trends and patterns.
  • Blockchain Technology: Blockchain can be used to create a secure and transparent supply chain, allowing businesses to track their products from production to delivery.
  • Augmented Reality: AR can be used to provide workers with real-time information on inventory and assets, improving efficiency and reducing errors.
  • Voice-Activated Scanning Devices: These devices allow workers to scan bar codes using voice commands, improving productivity and reducing the risk of injury.

NAICS Code 423420-06 - Bar Code Scanning Equipment & Supplies (Wholesale)

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