first expiry/first out (FEFO) definition

first expiry/first out (FEFO) means a distribution procedure that ensures that the stock with the

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first expiry/first out (FEFO) means A distribution procedure that ensures that the stock with the earliest expiry date is distributed and/or used before an identical stock item with a later expiry date is distributed and/or used; earliest expiry/first out (EEFO) has a similar meaning.

first expiry/first out (FEFO) means a distribution procedure that ensures that the stock with the earliest expiry date is distributed and/or used before an identical stock item with a later expiry date.