Definition
What is FIFO inventory management?
FIFO (First In, First Out) is a stock-rotation method where the oldest inventory is sold or used first. For perishable goods — dairy, medicine, packaged food — FIFO reduces expiry losses by ensuring newer stock stays behind older batches on shelves or in storage.
Why it matters
- Expired products are a direct cash loss — common in supermarkets and pharmacies
- Without batch or date tracking, staff may sell newer stock while older stock expires on the shelf
- FIFO is often required informally by suppliers and formally by pharmacy regulators
How Intelyflow handles fifo (first in, first out)
- Track product categories and stock levels across godown and shops
- Expiry-oriented workflows for pharmacies and supermarkets (verify batch fields for your plan)
- Reports help identify slow-moving and at-risk stock before it expires
Related terms
Go deeper: read our guide on intelyflow.com/docs