FEFOperiaatteisiin

FEFOperiaatteisiin refers to the principles of FEFO, which stands for First-Expired, First-Out. This inventory management system is primarily used in industries where product shelf life is a critical factor, such as pharmaceuticals, food, and chemicals. The core idea behind FEFO is to ensure that items with the earliest expiration dates are used or sold before those with later expiration dates. This method aims to minimize waste due to spoilage or obsolescence.

Implementing FEFO requires meticulous tracking of expiration dates for each item in stock. When new inventory arrives, it is stored in a way that facilitates easy identification and retrieval of older stock. During order fulfillment or stock rotation, personnel are instructed to pick items based on their expiration dates, prioritizing those that will expire soonest. This contrasts with the FIFO (First-In, First-Out) method, which prioritizes the oldest stock regardless of expiration. FEFO is particularly important in highly regulated industries where product quality and safety are paramount, and expired goods cannot be legally distributed or sold. Effective FEFO management can lead to reduced financial losses, improved product quality for consumers, and compliance with regulatory standards.