( Wikipedia )Įvery company has a different way of assigning lot numbers to a product. For cars, a lot number is combined with a serial number to form the Vehicle Identification Number. Lot numbers can typically be found on the outside of packaging. A lot number is an identification number assigned to a particular quantity or lot of material from a single manufacturer.An identification number or code assigned to a batch of products, an item for sale at an auction, etc.Here’s how a couple of other great resources spell out the lot number meaning: Lot numbers are often assigned to groups of products from a manufacturer.ĭid you know? A lot number is also called a batch number, code number or lot code. Maybe they were manufactured in the same batch or contain a common material. What is a lot number?Ī lot number is a combination of numerical digits that are given to a group of products that have commonalities. What is a lot number? Is it the same as a serial number? Why does it matter? We’ll take you through the lot number meaning, how it’s different from a serial number, and when it becomes essential for your multi-channel business.

Demand forecasting metrics, various marketing KPIs, pricing, SKU numbers - it’s enough to make anyone lose track.Īnd we’re about to add another one to the mix: lot numbers.

In retail, we’ve got a lot of numbers to keep track. Stitch Labs is an operations management platform that provides accurate retail reporting and visibility into your inventory.

Sure cuts a lot serial number machine