Track Serial Number Wise Product Status
Purpose:
Serial numbers are unique identifiers assigned incrementally or sequentially to an item, to identify it uniquely. Tracking serial numbers in RetailEasy Electronics vertical POS helps retailers track every product from purchase to sales based on the serial number, IMEI and warranty numbers.
For example: Suppose a customer purchases an electronic item from a retail store. The item has a warranty period of 1 year. After 6 months of purchase, the customer faces an issue with the product and wants to claim the warranty. The retailer can use the serial number of the product to check if it is still under warranty and provide support accordingly.
Benefits:
Serialized inventory helps merchants track the movement of items from suppliers to customers. Thanks to this, retailers will have accurate inventory information across their supply chain, reducing operation costs and increasing sales opportunities.
POS system can display the serial number for each item in the shopping cart, it helps the staff see that the system has recorded the serial numbers successfully. These serial numbers are saved to order history, sales receipts, and customer invoices. Staff can check one of these documents to reference product information for support.
Pre-requisites:
Record serial number at sale. Staff can fill in or scan the serial numbers for items with the Serial Number Required attribute.
Set up serial number. When you create a new product in Masters - Inventory, configure the product to require a serial number.
Steps to check for Serial Number Wise Product Status:
Step1: Go to Reports > Inventory > Analysis > Serial Number Wise Item Details
Step 2: Serial Number Wise Item Details screen will appear. List of Items will be displayed.
Step 3: Click on (+) sign for respective Item Name. Serial Number will get displayed.
Limitations:
It can be time-consuming to track the status of many products.
It can be difficult to track the status of products that are sold in multiple locations.
It can be difficult to track the status of products that are sold to customers who do not provide their contact information.
Conclusion:
To conclude, tracking serial numbers in RetailEasy Electronics vertical POS can help retailers track the movement of items from suppliers to customers and have accurate inventory information across their supply chain, reducing operation costs and increasing sales opportunities. It also helps staff see that the system has recorded the serial numbers successfully and can reference product information for support.
FAQ's:
Q: What information can I track about serial number wise product status in RetailEasy Electronics vertical POS?
A: You can track the following information about serial number wise product status in RetailEasy Electronics vertical POS:
The serial number of the product
The Item name
Manufacturer
Invoice Number
HSN/SAC Code
MRP
Q: How often should I track serial number wise product status in RetailEasy Electronics vertical POS?
A: The frequency with which you track serial number wise product status in RetailEasy Electronics vertical POS depends on your business needs. If you sell a lot of products with serial numbers, you may want to track the status of these products on a daily basis. If you sell fewer products with serial numbers, you may only need to track the status of these products on a monthly or quarterly basis.