I have prepped lots of 1,000 to 2,500 pieces at a time many, many times to feed my varmint rigs. I love that Lake City brass.
1) I tumble clean, lube and resize with a SMALL BASE die (the first time)
2) I cut the primer pockets. I used to use bench mounted reamer but now I favor cutters which uniformly open the crimp and level the bottom of the primer pocket in one operation.
3) I turn the necks to barely clean metal, setting the 5% or so that don't clean up aside. That will entail having to re-cut some of the brass a couple of times until you determine how little you can take off and still attain about 95% of the cases getting cleaned up. Because I shoot most of my brass in A/R's, I want to keep the necks as thick as I can.
4) I trim to length. (my trimmer also chamfers inside and outside at same time)
5) I segregate by weight into four lots, trying to get as many as I can withing a grain or so of each other in weight. You will often end up with some that go above or below that 4-grain +/- window. I save those as informal blasting brass but if there are only a few, I typically discard them.
6) I anneal each lot, keeping them separate. As I have an AMP annealer, I write the amp code for each lot of brass on the case they are kept in, after a few pieces are "analyzed" from each lot to arrive at a median number.
If I were wanting to make the brass as accurate as possible for a match rifle or ultra-precision varmint work, I'd add reaming the flash holes to the list, in no particular order. Carelessness can create more problems, but making the flash holes more uniform in size with a quality reamer is going to help - not hurt.
I have shot a lot of prepped brass over the chrono and found that I got pretty much the same results with a lot comprised of a single year - as that of a lot of years mixed together, provided they all had been prepped as I noted above. I used to sort by year, but I no longer do that. I've found that once you get brass that is within a grain of weight, has the same neck thickness, primer pocket depth and flash hold size, the date becomes fairly insignificant. One could say the base was thicker on one year, whereas the walls thicker on another year. The chrono says that, after prep, those differences matter little, if at all.
I spend about two full days doing all this to a lot of 1500 pieces. It is something for me to take my mind off of other things in life and I have the time to do it. If I were prepping new, unfired commercial brass, I'd still be lubing, sizing, trimming and turning the necks. Since tumbling takes no time away from other duties, the extra work is really the pocket cutting and annealing. And one could get by without the annealing for several firings if maintaining .223/.556 caliber.
A lot of folks no doubt just re-size with a small base die, ream or cut the primer pocket , trim to length and load.