What does serialized inventory allow you to do?

Serialized inventory allows businesses to track individual units of physical inventory items using unique serial numbers. This capability is essential for detailed inventory management, as it provides the ability to monitor and trace each item throughout the supply chain, from purchase to sale and beyond.

By assigning a unique serial number to each item, businesses can keep precise records of inventory movements, ensure greater accountability, and streamline returns or warranty claims. This detailed tracking supports better oversight of stock levels, enhances order accuracy, and aids in fulfilling customer requests for specific items. Additionally, serialized inventory management is particularly important for industries that require strict compliance and quality control measures, as it allows companies to track the history of each serialized item, ensuring accountability and transparency.

Other options like tracking kits, managing service items, or grouping assembly items do not utilize the unique identification that serialized inventory provides and therefore do not have the same level of tracking intricacies afforded by serialized inventory.