Stock Rotation
Stock rotation is a practice used in inventory management to ensure that older products are sold before newer ones. This method helps prevent spoilage, especially for perishable items, and reduces waste. By organizing products so that the oldest items are at the front, businesses can encourage customers to purchase them first.
In retail, stock rotation is often implemented using the FIFO (First In, First Out) method. This means that the first items added to inventory are the first ones sold. Proper stock rotation not only helps maintain product quality but also improves customer satisfaction by ensuring they receive fresh items.