Accurate management of product expiry is essential for ensuring product quality and compliance. The Lot Expiry feature in Odoo allows businesses to manage product expiration based on either a set number of days or the expiration dates of individual components. This feature helps businesses ensure that products are used or sold before they expire, improving inventory management and reducing waste.
Functionality at a glance:
- Allows businesses to manage product expiration by either a fixed number of days or component expiration dates.
- Ensures that products are tracked accurately throughout their lifecycle.
- Improves inventory management by reducing the risk of expired products being used or sold.
- Helps businesses comply with industry regulations regarding product expiration.
- Fully integrates with Odoo’s inventory and manufacturing management modules.
This feature is particularly useful for businesses in industries such as food production, pharmaceuticals, and chemicals, where tracking product expiration is essential for safety and compliance.
Example Use Case:
A pharmaceutical company can use the Lot Expiry feature to track the expiration dates of medications based on either a set number of days or the expiration of raw materials used in production.
Conclusion:
The Lot Expiry feature helps businesses manage product expiration accurately, ensuring compliance and reducing the risk of expired products being sold or used.
Lot Expiry: Managing Product Expiry Based on Date or Components (F2768)