Streamlining Product Consignment with CodeREADr

Managing consigned inventory has always been a balancing act between visibility, accountability, and operational efficiency – especially when working across multiple customer locations. As an IT manager, you’re likely tasked with finding cost-effective, secure, and easy-to-implement solutions without overhauling existing systems.

Enter CodeREADr, a powerful mobile barcode scanning solution that simplifies consignment workflows for shippers and their customers without requiring ERP or WMS integrations.

Product consignment offers customers the benefit of stocking goods on their premises without upfront payment, but it presents unique challenges for shippers:

• Tracking what was shipped, received, and used.
• Accurately invoicing for consumed goods.
• Maintaining real-time visibility into consignment stock levels.
• Minimizing disputes over usage and replenishment needs.

Traditionally, solving these challenges requires complex and costly integrations between shipper and customer systems — often time-consuming and prone to error.

With CodeREADr, IT managers can deploy a fully mobile, trackable consignment solution using a barcode scanning app (smartphone, tablet, dedicated scanners), cloud service, and unique logins for each customer location.

Receiving Consigned Goods

The shipper directs customers to download the free CodeREADr barcode scanning app. Each customer is issued a unique username, enabling easy tracking of every scan. When a shipment arrives, the customer uses the app to scan the sales order number of the receiving document and each item’s UPC and serial number. These scanned items are now considered part of the customer’s consigned inventory. A timestamped, geo-tagged receiving record is automatically sent to both the shipper and the customer.

Recording Product Consumption

Customers simply scan the UPC and serial number using the app when they consume an item. Each consumption scan record includes:

• Sales order number
• Item’s UPC and serial number
• Timestamp and GPS location (optional)
• Customer username for accountability
• Optional data inputs, such as photos (e.g., of installed equipment), text or voice comments, and electronic signatures for confirmation

The consumption record is instantly available to both the shipper and the customer, creating a shared view of consigned inventory usage.

Invoicing & Real-Time Visibility

Upon receipt of the consumption scan, the shipper can:

• Invoice the customer for consumed items immediately.
• Track inventory depletion in real time.
• Plan replenishments efficiently, reducing stockouts and overstocking.

Both parties maintain accurate, synchronized records without manual reconciliation.

• No ERP/WMS Integration Required
  • Shippers don’t need to integrate their ERP or WMS with customer systems, saving time and money. All consignment activities are tracked and shared through the CodeREADr platform.
• Fast Setup and Minimal Training
  • There is no complicated onboarding—customers download the app and start scanning. The user-friendly interface is suitable for staff with minimal technical skills. A web-based portal allows shippers to manage users, monitor scans, and generate reports.
• Ship-and-Track with Confidence
  • Real-time visibility of what’s shipped, received, and consumed. Eliminates disputes over missing or unaccounted inventory. Enables better cash flow management by invoicing as soon as products are used.
• Flexible Validation and Auditing
  • Optionally, receiving scans can be validated against a database to confirm correctness. Customers can see if all items on the sales order were scanned, ensuring no discrepancies at delivery. Audit trails (with photos, comments, and signatures) provide a clear record of every transaction.
• Secure, Scalable, and Managed by You
  • IT managers retain control by issuing unique logins and managing workflows via the CodeREADr web platform. The shipper covers the cost of the app’s use – customers use it for free, encouraging compliance. Scalable for small businesses to enterprise-level operations, covering single-site or multi-site customers.

With CodeREADr, consignment becomes a streamlined, transparent, and automated process — no more spreadsheets, emails, or delayed reporting. As an IT manager, you gain a powerful tool to offer business value without heavy technical lifting.

By leveraging CodeREADr, shippers and customers enjoy:

• Operational efficiency
• Improved inventory accuracy
• Faster billing cycles
• Better customer satisfaction

To learn more about CodeREADr and how it can support your consignment program, visit CodeREADr’s official website. To set up a meeting, please email support@codereadr.com.