Each product item gets a unique random serialized code, which can be printed in the form of QR. This enables tracking and tracing from factory till end user in real-time and economical.
Items can be traced individually or via batch numbers. Batches which are identified as problematic can be recalled with a click of a button.
You can track the inventory in real-time and setup alerts to send reports on dead-stock. Stock reconciliation is inbuilt and economical to implement.