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Terms & explanations relating to logistics, supply chain management and e-commerce

FiFo (First in - First out)

"First in, First out" describes a storage process in which the items stored first are also the first to be removed from the warehouse. By applying the FiFo process, an attempt is made to minimize losses due to spoilage. A similar principle is used in silos, for example, where items are filled from the top and removed from the bottom.