Maximizing Efficiency with Pollux’s FIFO and FEFO Capabilities in Warehouse Management
In today's fast-paced logistics and supply chain environment, effective inventory management is essential to ensure businesses remain competitive and reduce operational costs. For companies handling perishable goods, pharmaceuticals, or products with an expiration date, implementing the right stock rotation methods is critical. Pollux’s Warehouse Management System (WMS) offers advanced features to support FIFO (First In, First Out) and FEFO (First Expired, First Out) — two essential stock rotation techniques that can streamline operations, reduce waste, and ensure compliance. What is FIFO and FEFO? FIFO (First In, First Out) is a widely used inventory management method where the oldest stock (the first items received) is sold or used first. This ensures that products are used in the order they are received, helping prevent spoilage or obsolescence. FEFO (First Expired, First Out) goes a step further, prioritizing products based on their expiration dates. In industries like f...