Lot Inventory Management Software provides extensive tracking of Lot Controlled Products
Lot Inventory Management Software Tracks Lot Controlled Products
Accolent ERP's Lot inventory management software provides for tracking of Lot controlled products by Lot No., by Manufacturer’s Lot No (if different), by Expiry Date, by Certificate No (optionally) and by Location. Lot controlled products are always also Location tracked. The Lot Ledger Card maintains a complete record of all transactions affecting the Lot and can be used for chain-of-custody and/or product recall purposes as necessary.
Lot Inventory Management Software Features
Extensive features for managing lot controlled products provide a full record of the chain of custody and Location history for all Lots.
Multiple Lots in One Location and Vice Versa
Typically, lot inventory management software will record one Lot to one Location, depending on how the Locations in the warehouse are set up. However, in Accolent ERP, the Lots to Locations relationship is many-to-many. This means that multiple Lots may be associated with a single Location and a single Lot can be stored in multiple Locations. This provides flexibility to accommodate business models in which lot controlled products do not have fixed Locations but instead may be assigned to any Location that has available space. Because of the many-to-many relationship between Lots and Locations, the quantity is tracked by Lot-Location combination.
Lot Expiry Dates
In Accolent ERP entering a transaction for any Lot controlled product requires specifying at least, the Lot No, the Expiry Date, and the quantity on the transaction as well as the Location. This tracking of the Expiry Date allows for picking from oldest Lots first to minimize expired products wastage.
Product Lots Summary
The Lots Summary screen shows for a particular product, the summary of all Lots for that product in that warehouse. Each Lot includes a full document history for that Lot which details all transactions in and out that affected that Lot.
Optimized for wholesale distribution across a number of vertical industries: auto parts, building materials, chemicals, fasteners, food & beverage, industrial, jan/san, restaurant supply and more
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