Lot Control & Management

TRACK & CONTROL MATERIAL MOVEMENT FOR GREATER MATERIAL EFFICIENCY, REDUCED SCRAP & COSTS

OmegaCube ERP’s Lot Control capability allows you to get a firm grip on incoming materials, inventory movement, and outgoing product batches. Also, it enables you to quickly trace faulty product batches and recall them, thereby minimizing the overall impact on customers, and ensuring reputation damage control.

Key Benefits of Lot Control & Management

• Trace movement of goods by assigning lot numbers to product groups.
• Streamline goods identification & movement by assigning SKU codes to each product.
• Improve inventory tracking and efficiency.
• Know product landing cost, fluctuating inventory cost and shelf life cost.
• Efficiently track bad product batches for instant product recall.

Key Features of Lot Control & Management

• Track lot-levels for perishable goods, harmful products, and commodities with expiration date.
• Issue own SKU codes specific to the product or services.
• Assign a unique lot number whenever inventory is created for an item that can be stocked.
• Assign lot numbers when, 
  • Material is received from a vendor through purchase receipt.
  • Work order completion is done at the shop floor using a time card.
  • Manual inventory is created. 
  • Nested layout completion is done through layout completion.
  • New lot is created using material consumption/bar consumption.
  • Opening inventory is loaded into the system.
• Configure lot number generation sequences using tools.
• View lot information by clicking on a lot number in any transaction page where lot is used.
• Get details on Items, Unit of Measurements, Cost data, lot transactions, location-wise balance, and dimensional item info. 
• View lot hierarchy and how a lot is manufactured using different raw material/sub assembly lots.
• Attach mill certifications and Heat numbers to Lot and track them throughout the production process.
• View associated Work Order number against each lot number.

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