Lot tracking, or batch tracking, helps your business with product traceability to keep track of which of your customers received specific groups (or shipments) of items and when they were received. The supplier you purchased from and date in which the items were purchased is also recorded allowing you to track an individual group of products (or shipment) from your supplier to your warehouse and then ultimately to your customer.
Lot tracking is a core component in achieving FDA / ISO / CFIA compliance for many businesses. This feature of Blue Link ERP also allows you to perform lot costing – tracking actual costs instead of FIFO or average.
Pre-assign lot numbers to faciliate FIFO methodology which allows for shipping earlier expiry dates first
Manage best before and expiry dates
Simplify product recalls and warnings
Auto-generate lot numbers if desired
Track as many or as few items as needed
Optionally print lot numbers on packing slips or invoices
Allows for accurate margin calculations when a single SKU is used for special one-time purchases
Track product end-to-end from your supplier to your warehouse and ultimately to your customer
“On behalf of Primed and Adelphia, I would like to thank you and your staff for working with us in creating our custom project. It’s working out great so far! It has reduced lots of work time on our end and we were able to swiftly import and update all our missing data for the past year. We are finally starting to get great use out of Blue Link and enjoy using this software! Absolutely brilliant work. We really appreciate all the effort you and your staff have put into this project to make it work…thanks again for a job well done!”
– Rachel Steinberg, Primed Pharmaceuticals
Benefits of Traceability
Many industries rely on lot tracking for product recalls and product warnings as well as for better inventory management purposes. Our customers use lot tracking for a variety of purposes and to accomplish a number of organizational goals. Lot tracking can be a powerful tool and Blue Link’s lot tracking capabilities are stronger than those found in standard ERP software.
Distributors working with medical devices, equipment and pharmaceuticals must adhere to strict regulations from a variety of governing bodies. Lot tracking is just one such requirement to help businesses track where product originated and where product ends.
Lot tracking is an imperative part of the food distribution supply chain. Tracking lot numbers and expiry dates helps your business remain compliant and signals to customers that you take food safety seriously.
Not only is lot tracking important for regulatory compliance in industries such as food and pharmaceutical, but also for many other businesses including those in the apparel, textile, and building supply industry. In these industries, instead of tracking expiry dates and lot numbers for recall purposes, lot numbers are tracked with regards to dye lots. Dye lots apply to those businesses who manage different textiles and products in which identification of specific coloration is an important part of product tracking. When material is dyed in the same vat with the same mixture of colors, it is important to track this information in order to be able to match the color exactly, and to add this information to product labelling.