First In, First Out (FIFO)

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What is FIFO?

FIFO (First In First Out) is an inventory valuation method used for accounting that assumes that the stock that is produced first is also sold first. In other words, the stock that comes into the warehouse first is shipped out first. It is used to calculate the value of the inventory which impacts the balance sheet at the end of the fiscal year. Also, check out the LIFO method which is contrary to FIFO.

How does Zeo Route Planner help with faster deliveries?

Zeo Route Planner is easy to use and helps you create optimized routes within seconds. It allows you to add details like delivery time slot, stop priority, stop duration, customer details, and any specific customer notes. It saves the time spent on the road so that more time is spent on revenue-generating activities.

Hop on a 30-minute demo call to find out how Zeo can be the perfect route planner for your business!

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