firstexpiry
Firstexpiry is an inventory management principle focused on using or selling items according to their expiration dates, ensuring that products with the earliest expiration are prioritized. The term is often used interchangeably with FEFO, or First Expired, First Out, and is commonly applied to perishable goods, medicines, and other items with defined shelf lives.
Operationally, firstexpiry requires accurate expiration labeling and reliable batch or lot tracking. Warehouse management systems or
Benefits include reduced waste, improved safety and quality compliance, better customer trust, and more efficient inventory
Challenges include the need for precise labeling and data accuracy, the potential for conflicts with cost accounting
Implementation considerations include standardizing expiry data formats, using barcodes or RFID, integrating with ERP or WMS,