Business Terms Dictionary
Expiry Management
The process of tracking and controlling the validity period of perishable products. It involves identifying items that are nearing or past their expiration date and taking appropriate actions to ensure quality, compliance, and operational efficiency.
In Odoo, expiry is managed through lots and serial numbers with best-before, removal and alert dates, and FEFO removal in Inventory. It is critical in regulated sectors such as medical devices and healthcare, where every lot must be traceable.