Stock Inventory and the FIFO Method

 Stock Inventory and the FIFO Method

Stockpiling food and water is like buying insurance: Your household may never face a devastating earthquake, a crippling storm, a flu pandemic or other disaster — but if it does, and you are cut off even for a week from food and services, a cache of stored food, water and other supplies may prove priceless.

Today we are going to take a look at using the FIFO method with your stockpiles or “First-In, First-Out”, and explain what it all means.

The FIFO method is a way of ensuring that the first goods purchased are also the first goods that are eaten. 

This wouldn’t usually be something of concern for a non-prepper that only purchases a week or a month worth of food at a time. They know that they will consume that food within that time.

But for those that choose to stockpile higher quantities of food should be able to properly rotate supplies for both efficiency, and to ensure food safety. This is why using a FIFO storage system is so beneficial.

What is a FIFO Food Storage System?

In simple terms, FIFO stands for First-In First-Out and is a stock rotation system used for food storage. You put items with the soonest best before or use-by dates at the front and place items with the furthest dates at the back. By using this system, you ensure that food with the nearest best before or use-by dates are used or sold first which not only maximises freshness, but minimizes food waste too.

How To Use The FIFO System

Using the FIFO system doesn’t need to be difficult as long as you know exactly what is going in and out of your supplies at all times. It ensures older products are used or bought before newer ones, which helps minimise costly wastage.

Follow the four simple steps below:

  • Find all the food products with the soonest best before or use-by dates.
  • Place items with the soonest dates at the front.
  • Stock new items behind the front stock; those with the latest dates should be at the back.
  • Use stock from the front first.

Some items, you may have to clearly label yourself if it doesn’t have dates such as foods that you have removed from its original packaging. This way, you will be able to tell immediately at a glance which items should be used first.

FIFO is a continuous process. When new stock comes in, always use the FIFO procedure to fill shelves or fridges so food can be sold or used before it expires. Furthermore, be sure to stock refrigerated and frozen goods before room temperature items.

Proper stock rotation ensures that all food is used before its expiration date. For this to work efficiently, FIFO needs to be followed by everyone in the home.

Benefits of FIFO

While FIFO may be simple, it does have its benefits. These include:

  • Reduced wastage – your home will be more eco-friendly and waste less money.
  • Safer food storage – FIFO ensures better food hygiene standards.
  • Satisfaction – food is easier to navigate and always good quality.
  • Efficient – you can locate food with ease.

I have just come across a great little article on this subject that you can check out over on Survival Resources

Also, check out the video below to get an idea of a simple little DIY piece.

Sources: High Speed Training


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