Many products require batch, serial number or expiry date tracking and it is important to have a 3PL Fulfilment partner capable of delivering this tracking. Serial and Batch Number Tracking allows for the recall or tracking of products and is, in many cases, a regulatory requirement. Expiry date management is of course very important in quality management and is a required regulatory standard in many product categories, for example, food, cosmetics, herbal products, medical consumables, medicines and many others.
FEFO and FIFO management
Besides the regulatory and quality benefits there are also two other main benefits to batch and expiry tracking. These are FEFO and FIFO (First-Expiry-First-Out and First-In-First-Out) which can only be properly implemented in an environment where dates are recorded. FEFO and FIFO principles will ensure that oldest stock is sold first and as a result, minimise stock write-offs.
At 3PL Fulfilment we offer comprehensive Batch Number Tracking, Serial Number Tracking and Expiry Date Management. All of these, in any combination, is supported by our warehouse management software and laid out in our processes.