Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What does LIFO FIFO stands for?

Inventory Management
user-image
Question added by Waseem Raza , Inventory Supervisor / Warehouse Supervisor , Hala Supply Chain
Date Posted: 2015/05/09
Upvote (0) Views (1) Followers (5) Answers (5) Report Question
Write an Answer
Register now or log in to answer.
Mohammed Abbas Ali
by Mohammed Abbas Ali , Demand Planner , Chalhoub Group

LIFO and FIFO are methods of inventory valuation.

 

LIFO - Last in first out

FIFO- First in first out

Deleted user
by Deleted user

Last in First Out. First in First Out.

syed hyder
by syed hyder , PURCHASE & LOGISTICS EXECUTIVE , SWISS ARABIAN PERFUMES GROUP

LIFO : LAST IN FIRST OUT  

FIFO: FIRST IN FIRST OUT 

Abdou warshan
by Abdou warshan , • مدير إدارة المخازن والنقل , شركة تمكين الدولية للأجهزة المنزلية

FIFO stands for "First in, first out"

LIFO stands for "Last in, first out"

ENRICO MEDINA CRUZ
by ENRICO MEDINA CRUZ , WAREHOUSE AND LOGISTICS SUPERVISOR , EMIRATES ENGINEERING

LIFO = Last In, First Out

FIFO = First In, First Out

Write Your Answer
More Questions Like This