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2022-08-08

Three main strategies

Author : Admin Admin

There are three main strategies used by GLC for warehouse management, namely FIFO, FEFO and LIFO:

 

  • FIFO (First In First Out): Simple as it sounds, the products that were stocked in first will be moved out first.
  • FEFO (First Expire First Out): Similar to the FIFO method, FEFO ships out the product with expiration dates that are due first.
  • LIFO (Last In First Out): In this case, products that are received by the warehouse most recently will be shipped out first, as the new stock will take precedence over the old stock.

 

In most cases, the strategy will be chosen depending on the product you are warehousing since each strategy comes with different advantages.

For more details on our warehouse services: +994 12 504 00 00       

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2024-05-15
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