FIFO stands for first in, first out. It's a system that ensures you use the oldest products first. FIFO works best when the products are easy to identify.

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To implement FIFO, first, locate products with the soonest "best before" or "use-by" dates and remove items that are past these dates or are damaged. Place items with the soonest dates at the front, and stock new items behind them. Use/sell stock at the front first.