This idea has been merged into another idea. To comment or vote on this idea, please visit JBCORE-I-290 Increase character limit - Material Description.
In regard to the material module, balances tab. There is a box for location ID, on hand qty & lot number. The lot number is the stock tag number. Each stock tag has notes unique to that lot number. There are many lot numbers per material ID. We need to have unlimited characters in the lot number field.