Key Details:
- System Category: This field is located under Assets – General (Details).
- Tracking Precision: These identifiers allow for granular tracking of an asset’s specific location, condition, maintenance history, and usage over time.
- Inventory Management: They are essential for managing Serialized Rental Assets, ensuring that high-value items are tracked as individual units rather than bulk quantities
Use Case Example
A rental company owns ten identical generators from the same manufacturer. By recording the Serial Number (e.g., “GEN12345”) for each unit, the system can track that Generator A is currently at a construction site in Dallas, while Generator B—which looks the same – is in the warehouse for a scheduled engine service. For their fleet of delivery trailers, they use the VIN to ensure the correct vehicle is matched with its registration and insurance paperwork.