How To Serialize Information Technology Equipment Inventory
In this technological business world, wither you are a wholesaler or retailer of IT related equipments like processors, motherboards, RAM, graphics cards, and HDDs etc. you can realize the importance of tracking and storing these products and a multitude of their variants. However, inventory tracking can be made easier through serialization.
What is Serialization?
Serialization is a simple (yet complex) process of using the unique product codes written on the devices for efficient tracking of inventory. Because each item has a unique identification code gets straight from the supplier. They just need to be added to the system through inventory management software. Each product code is unique; therefore, it can be used to recall product details and specifications like the name of the OEM, model, or any other related specifications such as the size of the RAM. You can even categorize product inventory into new or used. One more way to understand serialization is that it is used to manage current stock units with unique serial numbers or barcodes and maintain stock levels at warehouses and logistics stores through inventory management software.
Serialization of Computer Hardware
In the tech industry, serialization is followed in a robust manner. This gives an opportunity to wholesalers and retailers for efficiently managing their inventory to reduce any losses or delays. Managing inventory on excel can work only for a limited time but as the business scales, you need to invest in software that make it easier to manage the growing size of the business.
Here are some of the steps you need to follow to serialize the inventory of your computer hardware.
Step 1: Unique Serial Number Data
Create a list of the unique serial numbers of the items that you have imported. You can either ask from your supplier so that you can audit the received products so that nothing is missing. Once you have the list, upload it to the inventory management software in a .CSV format.
Step 2: Adding Product Details
Once the unique product codes have been received, you need to enter the data according to the specifications of each item just like the manufacturer, model, type, and classification etc.
Step 3: Auditing Received Items
Good inventory management software contains barcode integration. Once the serial numbers are uploaded to the system, you can audit the received goods by scanning them one-by-one. The system will highlight the inventory as received as soon as you scan it and will be added to the available inventory.
Step 4: Converting into Batches
You can also convert the received stock into different batches so that you can track the date and time of the import in case you want to more efficiently track the received goods and perform testing, packaging, or utilizing batches into creating modified desktop systems.
Conclusion
In just a simple 4 step process, any business can shift to serialized inventory management. It can help businesses store inventory details and get a complete overview in real-time. Special serialized inventory software can create customized reports as well for each SKU and help businesses make strategic decisions.
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