Dealer Operations
Which Inventory Model Suits You Better? The Role of FIFO Is Not Omnipotent!
When it comes to inventory models, many people immediately think of the FIFO (First-In, First-Out) model. However, FIFO is not a one-size-fits-all solution. In warehousing, FIFO, LIFO (Last-In, First-Out), and random issue are common models, each closely tied to the characteristics of the goods. Supply chain expert Mr. Wu shares insights on these models and offers practical warehousing tips.
吴宇