License Plate (LP) Labels

License Plate (LP) labels are essential for efficient receiving and inventory tracking processes in supply chain management. They uniquely identify each shipment container, including pallets, parcels, or cartons, with detailed information like container ID numbers, purchase orders, and shipment IDs. LP labels help streamline receiving by enabling quick and accurate matching of physical shipments against pre-received information such as advance shipment notifications (ASNs). Implementing LP labels reduces the risk of shortage claims as they minimize errors in identifying and counting products during the receiving process. Proper and consistent use of LP labels is recommended to maintain compliance and operational efficiency.