Lot tracking is a critical component of inventory management, especially for businesses dealing with perishable goods, regulated products, or complex manufacturing processes. Luminous offers a robust lot tracking solution that empowers you to maintain accurate inventory records and ensure product traceability.
Lot tracking is turned on at a product level. Whether it's raw materials or finished goods, you can easily enable it. Here's how:
There are three main areas where lot tracking can be utilized:
While performing a work order or assembly order in Luminous, you can apply a lot. Here's the process:
When you purchase raw materials or finished goods, lot tracking can be applied. Here’s how:
Lot tracking can also be applied when you receive products. By pulling up a PO, you can apply lots either line item by line item or in bulk, as long as lot tracking is enabled.
To view your active lots or layers, Luminous provides a Cost Layers Report that shows all active lots, their respective valuation, total cost, and total inventory quantity.
If you have lot tracking enabled for a SKU and have enabled pick and pack for your warehouse, you’ll need to reference a lot number whenever depleting in a pick list.
Discover how Luminous can simplify your lot tracking and improve your overall inventory management. Book a demo today and see our powerful lot tracking features in action!