What is FIFO logistics?

FIFO logistics refers to the 'First In, First Out' inventory management method used in supply chain and warehouse operations. This approach ensures that the oldest inventory items are used or shipped out first, reducing the risk of products expiring or becoming obsolete. It is especially important in industries dealing with perishable goods or items with a limited shelf life. Implementing FIFO can improve inventory turnover, minimize waste, and ensure product quality for customers.