Lot Management

by | Jul 28, 2021 | Inventory Management

Lot Definition A lot can be defined, in Ascent, as a way to identify a quantity of a specific item, purchased or manufactured, in a way that makes it different from another quantity of that same specific item. Each lot of material would be for a specific item number,...

Inventory Management Overview

by | Dec 17, 2020 | Inventory Management

Overview Solid inventory management is mandatory to the success of a business that buys, assembles, sells or rents physical items.  The system must facilitate quality receiving, maintaining, consumption, shipping, and tracking of inventory.  This applies to...