Barcode Label in Receiving

Community,

would like to hear from you, your experience in dealing with received parts

1. move into stock
2. inspection at arrival
3. move to QA, inspect at QA
4.  other exceptions - to arrival only, and need to move to quarantine

are you using different color label to have visual direction? for example,  

1. move into stock - normal white label.
2. inspection at arrival - green label, if passed, QC to print normal white label.
3. move to QA, inspect at QA -  yellow label, once passed inspection, QC to print normal white label, but if failed, red label.
4.  other exceptions - to arrival, and need to move to Quarantine - red label.

Are you using the above methodology to drive the material flow? if not, what else you used to perform the same?

Thank you.