Lot tracking is a process that enables businesses to monitor and trace the movement of products or materials from their origin to their final destination. It involves assigning a unique identification number or code to each batch or lot of products, which can be used to track its movement throughout the supply chain. Lot tracking is essential for businesses that deal with perishable or regulated products, as it helps them ensure compliance with industry regulations and maintain quality control. It also enables businesses to quickly identify and isolate any defective or contaminated products, reducing the risk of product recalls and protecting the brand reputation. Lot tracking can be implemented using various technologies, including barcode scanning, RFID, and GPS tracking. By implementing lot tracking, businesses can improve their supply chain visibility, reduce waste, and enhance customer satisfaction.
