A system designed for managing and monitoring unique identifiers assigned to individual products or assets constitutes a critical component in various industries. For example, a manufacturer might use such a system to trace the production history and distribution pathway of each item leaving its facility. This can range from electronics and medical devices to vehicles and components.
The implementation of this type of system provides significant advantages, including improved inventory control, reduced losses due to theft or counterfeiting, and streamlined warranty management. Historically, these processes relied on manual data entry and physical records. However, modern systems leverage technology for automated data capture and real-time tracking, enhancing efficiency and accuracy.