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Lot Control
Lot Control Overview
The Lot Control module provides a means of recording and tracking material usage by lot numbers. For each user-assigned lot number the lot control file records the purchase order or work order from which the lot originated, the cost, the current on-hand quantity, an optional expiration date, and a notes section.
Inventory items are individually designated to require lot control. If so, whenever that item number is received through purchasing, issued to work orders, completed, adjusted, or shipped, a lot number will be requested. Multiple lots per transaction are accommodated.
Complete lot traceability is achieved via the Lot History report, which provides lot transaction history via a range of transaction types and other selection criteria.
The Lot Availability report shows the inventory on-hand quantity broken out by lot number. If there are discrepancies between the inventory on-hand quantity and the quantity in the lot file, the Reconcile Inventory program adjusts the inventory quantity to agree with the lot file.