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A lot/batch differentiates where and when a particular commodity was made. A lot captures a certain number of products that were produced at a point in time at a location. A lot is captured as a number that is specific to the brand owner. Often times, the lot is associated with an expiration date. Lots and batches are synonymous.

Kit

Related:  Commodity, Item

A Kit is a Product - it's an item that is defined once, and moves through the supply chain.  It's not a part of the supply chain that moves items through the supply chain.

Master Data

Master data in this context refers to a single source of product data which is unique and fundamental to the procurement/resupply of Products for healthcare.  For global health products master data typically refers to concepts such as unit of measurement, strength, route of administration, etc. Since health supply chains are global in nature, master data is data which comes from our suppliers/manufacturers/brand owners of those we get our Items from.

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