How to Use Lot Number to Manage Group of Products in Odoo 17 Inventory | Odoo 17 Inventory Tutorials

Lot management is a powerful tool for keeping track of groups of products with shared characteristics. Here's how you can use lots to manage your inventory:

1. Define your Lots:

A lot, or batch, refers to a group of products produced together under similar conditions. This commonality could be based on:
Production date
Manufacturing line
Raw materials used (especially important for food and perishables)
Expiry date
2. Assign Lot Numbers:

Assign a unique identifier to each lot. This can be a simple code or a more complex system depending on your needs.
3. Track Your Lots:

Implement a system to track your lots throughout their lifecycle. This could involve:
Inventory management software
Barcode scanners for easy data entry
Paper-based system (for smaller businesses)
Benefits of Lot Management:

Traceability: Quickly identify all products within a specific lot, allowing for targeted recalls if necessary.
Improved Inventory Control: Track inventory levels by lot for better forecasting and stock management.
Quality Control: Isolate potential quality issues to specific lots, minimizing impact.
Expiry Management: Prioritize older lots during picking and fulfillment to ensure fresh products reach customers.
Who Uses Lot Management?

This system is particularly beneficial for industries with:

Perishable products (food, beverages, pharmaceuticals)
Products with variable quality (construction materials, electronics)
Highly regulated industries (medical devices, automotive)

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