Do you wish to improve your inventory management and control?
Lot tracking software is a powerful tool that enables companies to track product batches across the entire supply chain. Typically, a lot tracking starts with the manufacturer and involves distributors, retailers, third-party delivers, and others involved in the supply chain and continues until goods ultimately reach customers.
Therefore, companies regardless of their size use lot tracking as a part of their inventory management strategy.
Tracking product expiration dates and managing product recalls are two highlights why any manufacturer, distributor, and retailer company should use a lot tracking system. The USA Food and Drug Administration has increased regulation and requirements for manufacturing, distribution, and retail all business must follow. Now in certain specific industries, using the lot tracking system is a legal requirement. Thus, pharmacies have to maintain and track the lot’s information about drugs they are selling.