"Shelf life management" refers to the management of the expiration dates (shelf life) of products within a warehouse or inventory management system. The shelf life indicates until when a product maintains its full usability and can be safely used. Managing this date is crucial, especially in industries such as food, pharmaceuticals, and cosmetics, to ensure that products are consumed or removed from inventory before they expire.
Typical software functions in the area of "shelf life management":
Shelf Life Capture: Capturing and storing shelf life data for each product in inventory.
Automatic Notifications: Automatic warnings and notifications for approaching or exceeded shelf life dates.
Inventory Management: Integrating shelf life into inventory management to prioritize products with shorter shelf lives.
Compliance and Traceability: Ensuring compliance with regulatory requirements and providing traceability for products with expired shelf lives.
Reporting and Analysis: Generating reports and analyzing inventory based on shelf life data to optimize stock holding.
Integration with Sales and Production: Linking shelf life with sales processes and production to ensure only products with adequate shelf life are delivered to customers.