A method and system for collecting, storing, and processing automatic identification code information includes receiving automatic identification code information and parsing it based on stored definitions for automatic identification codes and/or automatic identification code standards. Various data configurations may be used to store definitions and to facilitate parsing of raw automatic identification code data. For example, a first component may be used for generally defining one or more automatic identification code standards and a second component may be used for detailed information regarding code definitions, such as information relating to code segments. In addition, the system may facilitate further processing of parsed automatic identification code information, such as for cycle counting or parts movement of inventory.