Item Lifecycle Management helps companies track the status of an item within its lifecycle. You can track items from conception as part of new product development through different stages, as information is added from departments such as purchasing, sales, and Quality Control. Once all relevant information is added, you can run a final approval workflow before admitting the item to general use. Until the item receives final approval, you can prevent it from being used in purchase, sales, or production processes. When an item reaches end of life, you can move it out of general use, allowing the sale of the item but prohibiting purchase. Once the item is completely out of inventory, you can set it to a state of Not in Use.
You can make state changes conditional, ensuring that a next state can only be reached when certain conditions are met, for example, purchase and sales prices are entered and financial settings are available.
A key feature of Item Lifecycle Management is the integration of the Allergen Approval workflow. Whenever allergen information on an item changes, the system can trigger an approval workflow, automatically changing the status of the item and freezing it for further changes until approval is given.
More information about configuring and using Item Lifecycle Management is available in Food item lifecycle management.