Can we generate Lot Numbers to use later when item is transacted.

Hi All,

Current state: Non WMS orgs & Discrete mfg environment.

We have a requirement similar to LPN in an non WMS organisation. Looking to use Lot numbers, can we generate lot numbers and store to use it for more than one items when receipting to inventory.

for e.g. I need item 1 and item 2 to be receipt with Lot number A

I also need to transfer lot A from locator 1 to locator 2 and

issue out all inventory if required that create Lot A as empty.

Is that all possible, please advise

Thanks

Viswa