What is LIFO?
LIFO (Last In First Out) is an inventory valuation method used for accounting that assumes that the stock that is produced last is sold first. In other words, the stock that comes into the warehouse later is shipped out first to the customer. 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 FIFO method which is contrary to LIFO.
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.