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FIFO (first in, first out) means that the operator intends
to rotate stock in such a way that product already on
hand is sold prior to the sale of more recently delivered
products.
FIFO is the preferred storage technique for most
perishable and non-perishable items.
Failure to implement a FIFO system of storage
management can result in excessive product loss due to
spoilage, shrinkage, and deterioration of quality.
Copyright © 2006 by John Wiley & Sons,
Inc. All rights reserved
Storage