Batch of Goods

Why Buy in Batches

A batch of goods is an essential unit in inventory management and logistics, helping companies keep track of larger quantities of the same type of items. Batches are especially important in the food and pharmaceutical industries, where it is necessary to accurately trace products to ensure quality and safety.

By organizing items into batches, companies can effectively manage their inventory. Batches allow for quick and easy identification of specific items, which is critical for quality control and recalls. For example, if a defect is found in a specific batch, all items from that batch can be quickly traced and removed from inventory to minimize the risk of defective products reaching customers.

Batches also make it easier to manage expiration dates, as all items in a batch typically have the same production and expiration date. This helps ensure that older items are used or sold first, the so-called FIFO method, which reduces waste and improves inventory management efficiency.

Batches in Rackbeat

Rackbeat’s batch management enables you to track each item from a specific batch, which is particularly useful if defects or quality issues are found in a specific batch. With this feature, you can quickly identify and recall items from the affected batch, minimizing the risk of defective products reaching customers, and ensuring quick and effective handling of recalls.

Rackbeat also updates your inventory with each registered sale, purchase, and stock adjustment, ensuring that you always have accurate and up-to-date information about your batches.

Additionally, Rackbeat supports the FIFO (First In, First Out) inventory method, where the oldest items are sold first. This helps ensure that batches with expiration dates are sold in a timely manner, reducing waste and ensuring that your customers always receive fresh products.