Consumers are aware that their products are barcoded and traced, but some may not be aware of everything serial tracing does, and those with small-to-medium businesses may be wondering the best way to generate and trace these codes. Understanding batch numbers, serial numbers, and how software can manage this information may help your business make crucial decisions.
What is the Difference Between Serial Numbers and Batch Numbers?
A batch, or lot, is how a group of the same product is categorized and indicates that products were made on the same day, with the same batch of ingredients, or have the same expiration date. Batch numbers indicate batches and make them traceable. These numbers are crucial for manufacturers and distributors because they are used to monitor compliance and quality control, issue warranties and recalls, and track products for inventory and sales.
While batch numbers track groups of products, serial numbers track each individual product. Serial numbers are instrumental to tracing specific inventory, monitoring warranties and returns, and tracking stolen and counterfeit products. Both batch and serial numbers will appear on a product, often next to the barcode. A serial number will sometimes appear as a barcode to facilitate easy scanning.
How Can ERP Software Help with Serial and Batch Tracing
Batch and serial numbers are essential parts of the production process. Products used to create products will have their own tracing numbers, and companies generate numbers for their new product. Accurate tracing is crucial through the manufacturing process, from production, to sales and distribution, through to inventory and purchasing.
Businesses that have been tracing manually will benefit from implementing a tracing system like an ERP. ERPs offer easier management of warranties, recalls, theft and forged goods. ERPs monitor expiry days (all products made of natural materials, not just food, expire.) Software strengthens compliance and reduces human error.
Choosing the Best ERP for Batch and Serial Tracing
Whiz Synergy is the perfect tracing tool for small-to-medium businesses. With real-time updates and notifications, users can feel confident that they are in the know about their products and its parts. Modular solutions, like barcode scanning, project management, and production, can make tracing stress-free and effective. If you’re ready to bring an efficient flow of communication to your organization, sign up for a free demo.
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