How do solar companies manage inventory?

As a solar company, you may have warehouses across the country, each holding a different amount of inventory. Many companies have to manage the complexity of maintaining stock at multiple locations. In the solar industry, the need to keep equipment on individual crew trucks further complicates inventory management.

Why is inventory management so difficult for solar companies?

Inventory management for solar companies can be more complicated than in other industries because of the many influences affecting customers’ purchasing decisions. Demand for solar panels changes dramatically based on external factors. Some are similar to many other sectors.

How can a company track a solar panel serial number?

Inventory management software with a barcode integration makes it easy to check solar serial numbers for the panels and other associated equipment. A crew member can scan a barcode with their phone upon installation and every repair visit, allowing your company to track serial numbers easily. 6. Multi-Location Support

How do I track a solar panel warranty?

To track the warranties for each solar panel in a home or commercial installation, every solar panel has a barcode printed or etched on the panel from the manufacturer. As an installer, you need records that are easily accessible. So, you must have an archive of every solar panel linked back to their installation date and project.

Should you sell solar panels at a loss?

Solar products often experience periods of rapid devaluation. If you have unsold inventory in stock, these market conditions can mean you have to sell panels at a loss. This is less of a problem if you only buy equipment for your contracted jobs because you’ll sell them at an agreed-upon price.

Do solar panels come with a warranty?

Similar to most products with long lifespans and complex engineering, like automobiles, every home or commercial solar installation includes warranties. In this case, solar panels come with two separate warranties — one for the equipment and one for performance. The equipment warranty might guarantee the product for 10-12 years without failure.