Key Essentials to Know about Serialized Inventory Management
Inventory management has changed a lot over time. In the past, businesses were managing their inventory using manual spreadsheets and making estimates. Today, we live in a very fast-paced world, and brands require organized steps, correct tracking, real-time updating, and streamlined processes. This is where serialized inventory management helps out. It gives a serial number that is unique to an item so that you can find it more easily, monitor your losses, and allow for ease in your order processing. In this blog, we’ll look at the basics of serialized inventory management and explain how using smart serialized inventory management software like Serial Code Inventory System can make a big difference for retailers. What is Serialized Inventory Management? Serialized inventory management means giving each item in your stock a unique serial number so you can track it separately. Unlike batch tracking, where a group of items is tracked together, this method lets you follow each product f...