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Warehousing: FIFO or FEFO?? - Printable Version

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Warehousing: FIFO or FEFO?? - AnalystinNC - 05-17-2012

I need to pose a question: What is the biotech industry standard system for raw material decrementation and why? We currently use the FIFO system, but I am thinking that FEFO may be better.

Thanks in advance for your response.


RE: Warehousing: FIFO or FEFO?? - m5877archer - 02-01-2013

FEFO.

There are expiration dates.