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What is lot number: labeled cartons in warehouse aisle

What Is a Lot Number? Examples and Lot Tracking in a WMS

October 22, 2026|11 minutes Reading time.

In plain terms, the lot number printed on a package is an identifier given to a quantity of product that was made, processed or received together and is expected to…

Worker with handheld barcode scanner for inventory in warehouse aisle

LPN Barcode: How License Plate Numbers Work in a Warehouse

October 20, 2026|10 minutes Reading time.

An LPN barcode is a scannable label that carries a unique license plate number assigned to one physical container in the warehouse. That container could be a full pallet, a…

Warehouse aisle where teams sell excess inventory, liquidate inventory

Excess Inventory: The Hidden Costs and 6 Ways to Clear It

October 15, 2026|11 minutes Reading time.

Excess inventory is any quantity of a SKU beyond what you expect to sell or consume within a reasonable planning horizon, commonly set somewhere between 6 and 12 months of…

Receiving dock staging for consignment inventory accounting, vendor managed inventory

Consignment Inventory: Who Owns the Stock in Your Warehouse?

October 13, 2026|8 minutes Reading time.

Consignment inventory is stock that a supplier or brand (the consignor) places in another company's custody while keeping legal ownership. The receiving party (the consignee) pays only after the goods…

Warehouse aisles illustrating what is the safety stock

Safety Stock Formula: 4 Proven Methods Tested on One SKU

October 8, 2026|15 minutes Reading time.

Safety stock is extra inventory held above expected demand to cover the replenishment lead time. That reserve guards against two kinds of uncertainty: customers ordering more than the forecast predicted…

Receiving dock for cluster picking vs batch picking, wave picking

Cluster Picking vs Batch vs Wave: Where Each Method Breaks

October 6, 2026|11 minutes Reading time.

Cluster picking is a method in which one picker gathers items for several orders during a single trip, placing each unit straight into a tote (a container dedicated to one…

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