Article

Serialized inventory Solution: A Quality Assurance Perspective

Topic: Business NetworkingPublished October 21, 2020
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For any Quality Assurance team in the manufacturing industry, supporting the life cycle management of the product generally means a great deal of work and responsibility. For some industries such as pharmaceutical manufacturing, the primary objective is to serve regulatory compliance needs for Quality Assurance. Considering the level of quality standards in any industry the role of the QA expert is crucial across the whole process to identify and mitigate risks. This can be possible by implementing quality systems for the management and movement of items from manufacturing to the shipment process.
Evolution of Serialized Inventory Solutionr
Serialization methods are no exception, simply because the global serialization landscape is rapidly evolving. A single serialization system virtually handles multiple use cases while regular system updates and upgrades must be anticipated and controlled. The greatest source of hassle for QA validation is change management and serialization solution developed to seamlessly support the change.
4 Key Points of Quality Assurance for a serialized inventory solution
1. serialized inventory Helps you in building the Effective Enterprise by: ï§ Meeting regulatory requirements and customer mandatesrnï§ Simplifying purchase, storage, shipment, and handling of materials
2. Business challenges ï§ Combat counterfeitingrnï§ Manage recalls ï§ Improved ways to identify items ï§ Yield & record unique characteristics as quality test results (inspections) ï§ Meet unique customer requirements ï§ Improve warehouse efficiencyrnï§ Increase Inventory accuracy
3. Label Printing Servicesrnï§ Setup printers for label printingrnï§ Print barcode labels directly from key transactionsrnï§ Customize Label design using 3rd party software (label template) ï§ Label format definitionsrnï§ Generate a file with fixed and variable data according to the label formatrnï§ Connect to hardware via different communication protocols
4. Maintain information to support the inventory, supply, and demand itemsrnï§ Manage and communicate item datarnï§ Maintain item and lot specifications ï§ Qualify and control items by lot attributesrnï§ Validate inbound & production receipts ï§ Select & validate goods to issuernï§ Specifications at partner/order level to qualify materialsrnï§ Full Track & trace with lot attributes
Tighter Inventory Controlr
For some businesses, inventory control requirements need to be more detailed and accurate when managing stock levels. Some companies require serialized inventory for tracking their items, managing product warranties, tracking repairs, and reducing fraud. If you manufacture your products and need to tag and track them, or reselling a product that requires serialized management control, serial number tracking functionality handles it with ease.
Reduced Human Errorr
One important benefit of the serialized inventory control system is the minimization of human errors by automating inventory operations. Serialization keeps track of product and its components movement at each point from entering into the supply chain cycle till the exit. Traceability at the unit level saves from loss of track of data during movement from one department to another department. The reduction of human error in inventory operations guarantees the quality of product delivery to the end customers.
Detailed Tracking Methodsr
The serial numbers retain all the information and history, including which purchase order they were received on and which invoice they were sold on. These serial numbers can be linked to the accounts payable bill to acquire the bill information such as bill number, supplier, and date. Similarly, from the invoice, you can get the invoice information such as invoice number, date, customer name, and selling price. For defected items, serialization helps to ease return management and to manage the quality control of the products entering into the system.

Check out the ERP Gold serialized inventory solution to help you efficiently manage your inventory and support quality assurance perspectives along the entire serialization system lifecycle.

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