Use the stock that was received first, regardless of expiry date (assuming expiry dates are similar).
Use the stock with the earliest expiry date first — even if it was received later.
| FIFO | Basis | FEFO |
|---|---|---|
| Receiving date | Based on | Expiry date |
| Non-perishable stock | Ideal for | Perishable stock |
| Easy inventory rotation | Strength | Maximum food safety |
| Reduces overstock | Outcome | Reduces product expiry |
| Dry stores | Best suited to | Chillers & refrigerators |