Inventory™ Lot Control
Inventory Traceability from Receiving to Shipment
FEFO lot allocation, multi-warehouse management, landed cost tracking, automatic COGS recognition, transfer and reorder workflows, and a complete lot transaction ledger. Inventory™ connects the physical material to the financial record.
FEFO
First Expired First Out Allocation
Multi-Warehouse
Location-Aware Lot Tracking
Landed Cost
FOB + Freight + Tariff Per Lot
Auto-COGS
Recognition on Shipment
Inventory Management Suite
Complete Lot Lifecycle, Managed
From the moment material arrives at the dock to the moment it ships as finished goods, every movement is tracked, every cost is captured, and every transaction is auditable.
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FEFO Lot Allocation
First Expired, First Out allocation enforced at the pick level. Lots are ranked by expiry date and allocated to production orders in FEFO sequence. Prevents expired material from being used while fresher stock sits in the warehouse.
FEFO Enforced
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Warehouse and Location Management
Multi-warehouse, multi-location inventory. Each lot is assigned to a warehouse and bin location. Movements are tracked as transactions: receive, move, allocate, ship, adjust. Full location history on any lot.
Location-Aware
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Landed Cost Per Lot
Every inbound lot carries a landed cost calculation: FOB price plus freight plus applicable tariffs. The landed cost is used for COGS recognition when the lot ships. Finance sees accurate cost of goods, not an average or estimate.
True Cost
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COGS Recognition on Shipment
When a lot ships against a sales order, the COGS journal entry posts automatically using that lot's landed cost. No manual journal entry, no approximation. The GL reflects the actual cost of the specific lot that went out the door.
Auto-Post GL
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Transfer and Reorder Workflows
Inter-warehouse transfer requests with approval workflow. Reorder rules fire alerts when lot quantity drops below threshold. Reorder suggestions routed to the procurement team with supplier reference and last purchase price.
Workflow Driven
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Lot Transaction Ledger
Every quantity movement writes a transaction record: type, quantity, user, timestamp, and reference document. The lot ledger is immutable. Auditors can trace any gram of material from receiving through consumption or shipment.
Immutable Ledger
Lot Lifecycle
From Receiving to COGS
Six stages, fully tracked. Every gram of material moves through a documented lifecycle with timestamps, user identity, and reference documents at each step.
1
Goods Receipt
Lot created on receiving with supplier lot number, quantity, expiry, and storage location.
2
CoA Intake
Haiku AI extracts test results from the supplier CoA and links them to the lot automatically.
3
QA Hold / Release
Lot stays in QA Hold until released by the quality team via the two-person approval workflow.
4
FEFO Allocation
Production orders draw from available lots in FEFO sequence. Oldest expiry allocated first, automatically.
5
Production Consumption
Lot quantity decremented as material is consumed in batch records. Each decrement writes a transaction.
6
COGS Recognition
When finished goods ship, COGS posts automatically from the lot landed cost. No manual GL entry needed.
Your inventory is your largest asset. Manage it with precision.
We'll walk through a live lot lifecycle - from receiving through COGS recognition - in the demo.