Tighter Inventory Control
For some businesses, inventory control needs to be more detailed and thorough when managing stock levels. Some companies require serialized inventory for tracking their own items, managing product warranties, tracking repairs (see part number tracking) and reducing fraud. If you develop your own products and need to tag and track them, or you're reselling a product that requires serialized management control, Windward Software’s serial number tracking functionality handles it with ease.
Detailed Tracking Methods
The serial numbers retain all the history, including which purchase order they were received on and which invoice they were sold on. You can then link to the accounts payable bill to get the bill number, supplier and date. From the invoice, you can get the invoice number, date, customer name and selling price.
- Track serials when receiving and selling
- Supports product barcoding
- Numeric and alphanumeric serials enabled
- Serialize at point of sale
- User-friendly tracking options
- Add serials to invoice when product ships
Selling and Receiving Inventory
With Windward’s inventory management software, you can track serial numbers on both the receiving and the selling sides of your business, all with one convenient package. You can flag items in the system that require serial number tracking. When you do this, you must enter the serial numbers of the items as you receive the stock, and again when you sell the items. This way, you’ll have a record for each serialized item that contains:
- When you purchased it
- Who you got it from
- Purchase order number it came in on
- Who you sold it to
- Invoice number
- Date of sale
- How much you paid for it
- How much you sold it for
Having this kind of detailed history is invaluable when you’re returning items on warranty.
Serialize at a Later Date
Also of note is that you can sell the item on the invoice without the serial number, and then go back and add it once the item has been picked from the warehouse and delivered to the customer. No more crawling over boxes, trying to match a particular serial number to an invoice.
Serializing at Point of Sale
You have the option of showing serial numbers on a customer invoice. This can be handy for their records, as it helps with things like product registration and warranty claims.
Your sales staff will also be able to assign serial numbers when selling, or add serial numbers on the fly. Windward’s inventory management software can also auto-select the first serial number in inventory.
In the event of a catastrophic failure with your business server computer, you’ll still be able to sell serialized inventory using Windward’s Standalone LAN mode. This is a handy backup feature for any inventory management system.
Flexibility When Serializing
Windward Software allows you to automatically generate serial numbers for inventory when receiving stock, as well as barcodes. Our inventory management program works with both numeric and alpha-numerica numbers. If you choose, you can also enter a prefix for all serial numbers created. This eight-digit prefix can be modified at any time and serial numbers created from that time forward have the new prefix. You also have the option of selecting the number of digits you wish to left-pad the serial number assignments with.
For improved inventory management, Windward even allows you to attach a barcode to each serial numbered inventory item.
Reducing Human Error
One important option is the ability to enter the number of items to be sold on the invoice before you have selected the serial numbers. This benefits businesses that prefer to have the system force the quantity sold to match the number of serial numbers added to the invoice line. This ensures that the serial numbers are always entered and reduces the opportunity for human error.