What is a fifo system
The FIFO system, which stands for First In, First Out, is a widely used method in inventory management. With this approach, goods that were purchased first are also sold or used first. This is particularly important for products with a limited shelf life, such as food, medicines, or other items that may lose quality over time.
The FIFO system is not only effective in minimizing waste, such as preventing the aging or spoilage of products, but it also contributes to a clear, organised, and efficient inventory management system. By using older products first, you avoid costs associated with discarding excess or expired stock.
The benefits of a fifo system
The FIFO method provides businesses with an efficient and organised way to manage their inventory. Below are the key benefits outlined.
Minimisation
of waste
A FIFO system uses the oldest products first, preventing spoilage and waste.
Better
inventory control
A FIFO system keeps the inventory organised and simplifies the management of product flows.
Quality
Assurance
With a FIFO system, customers receive fresher and higher-quality products.
Using flow racks as a fifo system
Flow racks, also known as Kanban racks, use rollers or roller tracks placed on an incline. This allows boxes, bins, or products to roll down automatically due to gravity. New products are added at the back and roll forward for easy picking. This system aligns perfectly with the FIFO principle (First In, First Out), where the first stored product is also the first available.
In addition to the efficient application of the FIFO system, flow racks offer several additional benefits. They save valuable storage space due to a more compact layout and contribute to a more ergonomic workflow. Employees have to reach less often or move heavy loads, reducing physical strain and increasing productivity. Furthermore, flow racks speed up order picking, resulting in smoother warehouse management and shorter lead times. In short, a smart and practical solution for a more efficient warehouse.
Standard fifo systems in our webshop
Thanks to our modular systems, we can easily design the desired solutions. Not looking for a custom FIFO rack? Then take a look at our wide range of standard solutions in our webshop.
KLT Flow rack L41-400
- 1240x505 mm
- Maximum load: 400 kg
- On leveling feet
KLT Flow rack M43-200
- 1278x749 mm
- Maximum loaded: 400 kg
- On castors
Mobile flow rack
- 1063x727 mm
- Maximum load: 650 kg
- On castors
Mobile flow rack
- 1276x1372 mm
- Maximum loaded: 600 kg
- On castors
Flow rack stairs
- 1847x828 mm
- Maximum loaded: 800 kg
- On castors
FIFO-systems for environments with specific requirements
FIFO systems are not only useful for general inventory management, but also highly valuable in environments with specific requirements. In settings such as ESD (Electrostatic Discharge)-sensitive zones and cleanrooms, where strict control over the environment is essential, FIFO plays a crucial role in inventory management.
Additionally, we offer ESD racks and cleanroom racks, specifically designed for these demanding environments. These FIFO systems contribute to efficient and safe inventory management.
Difference between fifo and lifo systems
The main difference between a FIFO (First In, First Out) and a LIFO (Last In, First Out) system lies in the order in which inventory is used or sold:
- FIFO-system (First In, First Out)
In the FIFO system, the oldest products are used or sold first, which is ideal for perishable goods such as food or medicines. It ensures that stock remains fresh and simplifies inventory management. - LIFO-system (Last In, First Out)
In contrast, the LIFO system uses the newest products first. This is often applied in sectors with fluctuating prices, as businesses benefit from the most recent purchase costs. However, it is less commonly used for perishable goods, as older products may expire or deteriorate.
Fifo systems for efficient inventory management
Starting a project together?
At Multitube, we believe in close and lasting relationships. Our optimal performance is realized when we can collaborate intensively and for an extended period with you. Together, we build a successful future for your organization!
Prefer direct contact?
Would you rather have direct consultation with a specialist? Contact me using the details below.
