Results for tag: "Lot Number"

Lot Number is a term used in Supply Chain Management to refer to a unique identifier assigned to a specific batch of goods. It is used to track the production, storage, and distribution of goods throughout the supply chain. Lot numbers are typically assigned to a specific product, and can be used to trace the product's origin, production date, and other important information. Lot numbers are also used to identify and recall defective products, as well as to track inventory levels. Lot Number is an important tool for supply chain management, as it helps to ensure the quality and safety of products, as well as to improve efficiency and reduce costs. Companies in the Lot Number market include Oracle, SAP, IBM, Microsoft, and Infor. Show Less Read more