Items with Lot and Serial Numbers: Tracking Settings

You define lot or serial classes on the Lot/Serial Classes (IN207000) form and specify the appropriate settings to be used for lot- or serial-tracked items of the class. You then assign the appropriate lot or serial class to a specific item class or item on the Item Classes (IN201000) or Stock Items (IN202500) form, respectively.

A lot or serial class contains settings that define the tracking method, the method of assignment of the number, and the issue method, as well as an indicator of whether items of this class must be tracked by an expiration date.

Tracking Methods

With regard to lot and serial numbers, your company may track different items differently. Some stock items may not need to be tracked by a lot or serial number, other items may be tracked by lot number, and still other items may be tracked by serial number. To specify which method of tracking you will use for a lot or serial class, you select the method in the Tracking Method box on the Lot/Serial Classes (IN207000) form as follows:

• If you are creating a class for items that should not be tracked by lot number or serial number and you do not need to track an expiration date, you select the Not Tracked method. For a class with this method selected, the system ignores all other settings of the lot/serial class. The DEFAULT class, which has this tracking method, is predefined in the system and can be used for all non-tracked items.
• If you are creating a class for tracking items by lot numbers, you select the Track Lot Numbers method.
• If you are creating a class for tracking items by serial numbers, you select the Track Serial Numbers method.

Assignment Methods

The assignment method of a lot or serial class defines when the lot or serial number is assigned to a stock item of the class; it can be assigned manually by a user or automatically by the system based on the lot or serial class setting. You select an assignment method in the Assignment Method box of the Lot/Serial Classes (IN207000) form as follows:

• To begin tracking items of the class by lot or serial numbers as soon as they enter a warehouse, you select the When Received assignment method. With this method, lot or serial numbers should be assigned to items on receipt. When you select this assignment method, you need to specify an issue method. For details, see Issue Methods.
• To begin tracking items of the class by lot or serial numbers when the items are issued or shipped from a warehouse, you select the When Used assignment method. On the issue or shipment of an item of the class, a lot or serial number is assigned to all units of the items in the inventory issue or shipment according to numbering settings. For details, see Items with Lot and Serial Numbers: Numbering Settings.

Issue Methods

If you have selected the When Received assignment method for a lot or serial class, you need to specify the order in which the system issues items of this class by selecting an issue method. You specify this setting in the Issue Method box of the Lot/Serial Classes (IN207000) form as follows:

• If items should be automatically picked for issue by receipt date so that the item in the warehouse the most time is picked first, you select the FIFO (first-in-first-out) method.
• If items should be automatically picked for issue by a receipt date so that the item in the warehouse the least time is picked first, you select the LIFO (last-in-first-out) method.
• If items should automatically be picked for issue in sequential order of their lot or serial numbers, you select the Sequential method.
• If items should automatically be picked for issue by expiration date (earliest date first), you select the Expiration method.
• If a user should select items for issue manually, you select the User-Enterable method.

Tracking the Expiration Date of Items

If you need to track items in a warehouse along with their expiration date (for example, to ship or issue items expiring soonest first), you can select the Track Expiration Date check box for a lot or serial class on the Lot/Serial Classes (IN207000) form. When this check box is selected, a user who enters a receipt with the item of this class must specify an expiration date in the receipt.