Barcodes provide benefits for both businesses and consumers by enabling fast and accurate identification of products. For businesses, barcodes streamline processes like inventory tracking and replenishment by allowing automatic transmission of sales data to suppliers. Barcodes also increase productivity by allowing data to be scanned 20 times faster and with 20,000 times fewer errors than manual data entry. There are many types of barcodes used in different industries and applications, with features tailored to the amount and type of data needed. Businesses can implement basic barcode systems using scanners, decoders, computers, and printers to automate tasks like data capture.