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Inventory
Features > Inventory > Lot Tracking
Documentation

Lot Tracking

Use a lot number to trace the source of raw materials or product.

The ability to track lots is used in industries that require a lot number to trace the source of raw materials or product that is being sold or consumed.

Traceability Records

Many food industries have traceability requirements. Many manufacturing companies are required to track the lot information for raw materials used for manufacturing. Dated product requires lots to track the sell by dates or expiration dates on products sold. 

Warehouse

Lot Details

This option gives the user the ability to track multiple lot numbers within a single inventory item. A lot number is assigned each time a product is sold, consumed, transferred, or moved. Additional information such as expiration date can be associated with each lot.

This lot information can be used to maintain traceability records, facilitate quality evaluations, or any other reason to track each lot from the time it was purchased until it is sold or consumed in a manufacturing environment. 

UPS Delivery Special Order

Features

  • Track each lot from the time it was purchased until it is sold or consumed
  • Trace the source of raw materials or products being sold
  • Track multiple lot numbers within a single inventory item
  • Associate additional information such as an expiration date with each lot
  • Enter lot numbers and lot information within the purchase order lines or manufacutred finished goods records
  • Avg Cost inventory classification to create lots where the lot number does not affect the value of the product
  • Linked Cost inventory classification to link the cost to the lot number in a FIFO manner
  • Lot number and lot date can be manually assigned or auto-assigned
  • Lot number assigned each time an inventory item is sold, consumed, transferred, or moved
  • Transactions associated with individual lots can be evaluated or adjusted


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