Cell phone wholesalers and retailers run a unique business process that is heavily reliant on inventory management practices. Certain components are required to be tracked from when they enter the wholesaler’s facility to when they leave the facility with serial numbers.  These serial numbers are required to be tracked through every process.

Streamlining of Processes

Depending on negotiations, a cell phone wholesaler may import a large quantity of phones all at once, which could stress the system and lead to inaccuracies. Once at the wholesaler, each cell phone must go through the entire process of sorting, testing, and grading. This is a time-consuming process.  By analyzing and streamlining the tasks of each department, you can work more efficiently and reduce the number of errors or bottlenecks.

Serial Number Inventory Management Software

Inventory tracking itself can be very time-consuming, especially when every component needs to be tracked when it is used.  Every cell phone has one or possibly two IMEI numbers assigned to it.  An IMEI (International Mobile Equipment Identity) number is a 15-digit assigned based on the connectivity.  Maintaining IMEI numbers is important to ensure safety, security, and regulatory obligations.  Because inventory tracking is so time-consuming, inventory management software is essential to maintain accuracy and efficiency.  A serialized inventory management software is designed to give you real-time knowledge of your IMEI inventory along with creating the necessary digital paper trail.

Easy Barcode Scanning

An inventory management control system can make data input easier through barcode scanning. An employee simply scans the product bar code and tells the system what he is doing with the inventory, the system automatically moves the inventory providing a digital paper trail for the inventory.  Manually entering all the data can easily lead to duplication and errors, whereas bar code scanning increases the accuracy and eliminates the duplications and errors.

Efficient Collaboration with Suppliers

It is important to create customized processes and categories for grading phones. During the testing phase, you can easily generate reports and print them directly from the software so that they can be attached to the phone and sent forward to retailers or sent back for repairs.  This also allows you to analyze a supplier’s performance.

ERP Gold’s Serialized Inventory Management Software has been specially designed to help cell phone wholesalers and retailers manage their inventory. It offers a quick customizable inventory system and cellphone repair ticketing system, and, it also allows multi-channel integration with online selling platforms.  In addition to the features listed above, our serialized inventory tracking software includes:

• Cloud-Based Software
• IMEI Tracking & Labelling
• Repaired Devices Tracking
• Purchase Order Generation
• Barcode Scanning
• Customized Report Generation

ERP Gold is a complete and integrated suite for managing your business. Whether you are a manufacturer, wholesaler, or e-commerce retailer, we help you manage all aspects of your business from sales, and purchase to production, delivery, and even returns of products in real-time with greater accuracy and efficiency. ERP Gold is here to help you with all your inventory management and control issues!  Click HERE to read more about how we can help, call us at 888.334.4472 for a free consultation.  If you want us to call you, fill out our contact form HERE.  Or click HERE to schedule a free consultation or demonstration of how we can help you.

An IMEI (International Mobile Equipment Identity) or ESN (Electronic Serial Number) are unique codes used for identifying smart phones, mobile devices, and tablets. They are unique to each device and are important for tracking and security reasons. A cell phone wholesaler or retailer has many reasons for which they need to keep track of all the IMEIs in their stock. ERP Gold’s Serialized Inventory Management System makes it easier to carry out the various functions listed below to benefit businesses in the cell phone industry.

Physical Order Verification

If you receive smart phones or tablets in bulk, adding each IMEI to a spreadsheet or system manually can be extremely time consuming and prone to errors.  With ERP Gold’s serialized inventory tracking, it is very easy to add an entire list of IMEIs to your system when received from the vendor in bulk. Simply scan the phones’ barcode label to verify if the correct phones have been received. Once each phone is scanned, its IMEI is added and cross-checked with the existing database so that no items are lost or duplicated.

More Efficient Way to Handle Product Recalls

When you need to recall your product, you need your numbers quickly.  If the information on each smart phone or tablet has been stored efficiently, it will become easier to recall stock from retailers and send it back to suppliers. At a glance, you know which retailers have which IMEIs.  And because the IMEIs are specific to each phone and can be searched easily, it will make it far more efficient to identify particular phones from a lot or batch.

Tracking Software adds an Advantage in Mobile Repairing

In today’s world, repairing and refurbishing smartphones and tablets has become a new revenue stream for companies.  With serialized inventory tracking software, the phones can be managed at the IMEI level instead of just the SKU level.  Phones can be categorized into batches by similarity in model or defects. Phones are scanned into repair software that automatically checks for standard problems.  Once the phones have been repaired, they can be transferred to an entirely separate stock of refurbished phones in the system and resold.

Serialized Inventory Tracking

Tracking inventory at the IMEI level with tracking software increases the accuracy of the inventory. When wholesalers receive the list of IMEIs from their supplier, they already have the data synchronized across different entities. So, when phones are divided into various batches from the lots, they can easily be tracked and organized without having to create a new tracking system.

Easier Cell Phone Distribution

Mobile phone devices of the same model look very similar and can only be differentiated by their unique IMEI numbers. Hence, it makes it easier to distribute phones because information about the customer is being recorded against their purchased IMEIs. In cases of security or compliance requirements, reports can be generated for the sale of each phone along with their IMEIs.

Conclusion

IMEI tracking software is not only important from a compliance perspective, but it also provides stronger internal control processes. The complexities and challenges of IMEI/ESN tracking can be effectively managed with ERP Gold’s Serialized Inventory Management System.  This innovative solution revolutionizes how businesses handle inventory tracking, offering a plethora of benefits

ERP Gold has all the features necessary for serialization of inventory management. We provide an all-in-one ERP software solution for cell phone tracking, repair, distribution, and cell phone inventory management.  It has multiple features for both wholesalers and retailers that allow them to reduce errors and losses while maximizing workflow through efficient organization of inventory.

To learn more about ERP Gold and how we can help you with all your inventory management and control issues, Click HERE.  You can also call us at 888.334.4472 for a FREE consultation.  If you want us to call YOU, fill out our contact form HERE. Or click HERE to schedule a free consultation or demonstration of how we can help you.