Track Every Unit: The Power of Serial Number Management in ERP
Nowadays, precision, accountability, and traceability for businesses are paramount. They can no longer afford to lose track of their assets, products, or inventory items. Regardless of the land, whether it's a high-value electronic device, or even perishable items, it is critical to know where each unit has been, it currently is, and where it will be going. Serial number management in Enterprise Resource Planning (ERP) systems is a disruptive component that can accelerate improvements in these areas. Serial number management has moved from being an optional value-added feature to being a strategic imperative within an ERP system. Serial number management adds granularity to inventory control, strengthens compliance, and expands the service provided at point of sale. While serial number management prescribes a technology and training investment, the pay-off in terms of traceability, productivity and risk mitigation outweighs any upfront cost. Equipped with serial number mana...