Lot Expiration: Managing Product Expiry Dates Efficiently (F2759)

Managing product expiration dates is essential for businesses dealing with perishable goods or products with a limited shelf life. The Lot Expiration feature in Odoo allows businesses to set expiration dates for product lots, helping them track and manage inventory more effectively. By setting expiration dates, businesses can ensure that products are sold or used before they expire, reducing waste and minimizing financial loss.

Functionality at a glance:

• Enables businesses to set expiration dates for product lots.
• Helps businesses manage perishable goods by ensuring that products are used or sold before they expire.
• Reduces waste and minimizes financial loss by tracking product expiration dates.
• Improves inventory management by providing visibility into product shelf life.
• Fully integrates with Odoo’s inventory and stock management modules.

This feature is particularly beneficial for businesses in the food, pharmaceutical, or manufacturing industries, where product expiration dates are critical. By tracking expiration dates, businesses can ensure that products are handled efficiently and avoid selling expired goods.

Example Use Case:

A pharmaceutical company can use the Lot Expiration feature to set expiration dates for medications. This ensures that older stock is used first, reducing the risk of expired products being sold or wasted.

Conclusion:

The Lot Expiration feature helps businesses manage product shelf life by setting expiration dates for product lots, improving inventory control and reducing waste.