This means that when storing new goods on storage racks, new goods cannot be placed before old ones. The goods that arrived in storage earlier have priority for shipment. For this method, only the date of receipt of the goods is important.
FILO, or "first in, last out". This approach allows storing previously purchased goods longer than new arrivals. Operating costs in this case will be lower, but the FILO principle is only suitable for product groups without an expiration date, such as metal products.
FEFO. As already mentioned, this principle is based on expiration dates and is somewhat similar to FIFO. However, the main criterion here is not the arrival time, but the expiration date. If the product austria whatsapp number data has an expiration date in the near future, then it is sent for shipment first, regardless of when it arrived at the warehouse.
To comply with the principles of rotation, it is convenient to use automatic inventory control systems that track the time of goods in the warehouse, set critical shipment dates and immediately inform the workers responsible for rotation about the approach of these dates. The warehouse must have a clear understanding of where a particular product is located, what its dates are, and the warehouse must comply with the rotation of goods.
Quantitative rotation
Quantitative rotation is used to combat excess stock in large stores. If the required quantity is calculated correctly, the product turnover will occur before its expiration date. To carry out rotation, it is first necessary to calculate the sufficient stock using a specific formula that takes into account sales for the period, the product on display, and the remaining product. After that, the planned volume of products is launched for sale. In addition to reducing costs due to expired products, quantitative rotation allows you to significantly unload warehouse space.