Serial number processes are of utmost significance and interest for many industries and business areas; entering and managing serial numbers is a task of major importance. Serial numbers as a means of product identification are key elements in the area of trading goods and plant maintenance and inventory management. An efficient serial number entry system, high quality of serial number data and fast data access present a major competitive advantage. A serial number management system supports a multitude of downstream processes, control and design of such processes are optimised, and as a consequence , costs and efforts reduced. Delivery Tracking, Commissioning, Fraud Management, Warranty Management, Stock Evidence, Asset Valuation and Inventory are examples for downstream processes that are based on Life-Cycle Management depending on precisely functioning serial number management system. In the Telecommunication industry, such processes can be efficiently used to manage product lifecycle and asset management for SIM Cards and , as well as equipment inventories.