FIFO means First In First Out. These racks are used in variety of industries.
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Brand | DOFORT-Coinage |
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FIFO means First In First Out. These racks are used in variety of industries. The FIFO method is especially critical for items such as fresh or frozen foods, beverages, drugs and other items with an expiration date, such as sterile medical supplies, high-volume consumer goods or batteries.
Advantages:
1.) Incremental operational efficiency
2.) Minimized warehousing and handling costs
3.) Best use of available warehouse space
4.) Reduction in inventory write-offs due to expirations.
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