Lot tracking, also known as lot traceability, or lot control, refers to a system that has the ability to properly track product lots (as in manufactured lots or batches) along the entire supply chain – a requirement for businesses that deal with perishable or potentially harmful products.
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"We manufacture and distribute a surgically implanted medical device in an industry which is highly regulated in Canada, the USA and in most countries around the world. Using an ERP system which provides complete lot tracking capabilities from manufacture to warehousing to sale and/or consignment to exchange and/or return is an absolute necessity. To use a system that accomplishes all of this in a seamless effortless manner and which provides the capability to access and utilize the data for reporting easily is a luxury.”
– Michael Nealon, CFO, Southern Implants