We have a product that we produce (let's call it ITEM123) and place in boxes. Each box gets an identifying label that shows the lot date of production (Example LOT: 20140502 for May 2, 2014). After a certain number of boxes are made they are placed on a pallet. A full pallet for example may be 40 boxes. The pallet then would get shrink wrapped and would need a label applied to it for inventory tracking which would contain a unique pallet number (or serial number). In this case the user would confirm production of quantity 40 of ITEM123. I need a label to print automatically at the time they confirm production that would look similar to this:

Pallet Label Sample
SERIAL# 1
PRODUCT: ITEM123
QTY: 40

I would like to pre-print the labels that should be applied to the boxes based off a manufacturing order. The user would print the labels for ITEM123 based on the order and the LOT would be generated at that time and printed on the labels along with some additional product details:

Individual Box Label Sample
PRODUCT: ITEM123
NAME: Our Cool Product
Description: A nice description
UPC: 123456-09485
LOT: 20140502

Is this something that OpenERP can handle?