The "Item, lot, article management" refers to the management of stocks, batches, and individual items in a warehouse or inventory management system. This type of management allows businesses to efficiently track inventory, optimize stock levels, and ensure product availability.
Typical functions of software in this area include:
Inventory Tracking: The software allows tracking of stocks on a batch, lot, and item basis, including quantity, location, and other relevant information.
Batch Management: Batch numbers can be assigned to products to enhance traceability and quality control.
Item Management: The software provides features for managing individual items, including descriptions, categories, prices, and other attribute-specific information.
Stock Movements: The software records stock inflows and outflows as well as stock movements such as transfers and inventories.
Inventory Analysis: Reports and analysis are provided to monitor inventory levels, identify shortages, and make informed inventory management decisions.
Traceability: The software enables traceability of products throughout the supply chain to quickly respond to recalls or quality issues.
Automation: Automated processes such as order proposals, stock replenishment, and notifications can improve inventory management efficiency.
Integration: The software can seamlessly integrate with other business applications such as ERP systems, e-commerce platforms, and accounting software to ensure smooth information flow.