Merchant Magic™ POS and Serial Tracker include a sophisticated serialized
tracking module. It allows you to look up serial numbers and view complete
historical information about them.
What is Serialization?
Serialization is the identification
of a product of the same part number or barcode with a unique number. In
this way, two TV's of the same brand and part number can still be discriminated
when brought into a TV repair shop. Hand guns and rifles can be
discriminated when brought into a gun shop. Serialization determines product
The most common reasons to serialize your products are:
It is required by law.
Example: The sale of firearms. By federal law, all firearms must be tracked
by serial number when bought, sold, transferred or basically, when changing
Warranties. Assume you buy a refrigerator with a 3 year warranty.
Tracking what specific serial number was sold to the customer on what date
determines the validity of the warranty.
When customers bring in items of clothing, household goods, etc.. into a
consignment shop, each article must be labeled and tracked individually from
receipt to sale. Serialization is necessary in this instance. Instead
of making up new part numbers for the same item, you can assign a unique
serial number to the item.
Serialization history is automatically built as a
background process each time you sell a serialized item, do a trade-in, a direct
buy, or take in a consigned item. You do not have to concern yourself with
double entry of information.
What if I want to Serialize an
Item, but the Item Doesn't Have a Serial Number on it?
If the item does not come with a serial number on it,
Merchant Magic™ will automatically generate a unique serial number for you.