IN WHICH CASE WE USE FIFO USE OF FIFO (FIRST IN FIRST OUT) When we suspect batch wise / date wise / month wise any material (like food product or others), what comes first will go first, ie the product that comes first will go to the market first. USE OF FEFO (FIRST EXPIRE FIRST OUT) When we make any product (such as food products and other products) then everyone has an expiry date, so what we do is sell the product that is made first, before any product goes bad. Be consumed For more info:- https://www.blogger.com/blog/post/edit/6705131264869638993/431436093468909432?hl=en
In this blog, we will tell you about the important role and responsibilities of store management and inventory control. Learn how effective inventory tracking, proper storage, and stock handling help businesses run smoothly, reduce waste, and meet customer demand. Whether in retail or warehousing, managing stock efficiently is key to success.