Basically, when retail stores get new items in, they must put the older items in front of the newer ones because the older one's expire faster.
Stock rotation of materials is important to ensure that older stock is used before newer stock, preventing expired or obsolete materials from being wasted. It also helps to maintain product quality by preventing deterioration or spoilage of goods. Additionally, stock rotation can improve inventory accuracy and minimize the risk of stockouts.
The correct stock rotation refers to the systematic process of selling older inventory before newer stock to minimize obsolescence and ensure freshness. This practice is often guided by the "First In, First Out" (FIFO) principle, where the oldest stock is sold first. Proper stock rotation helps maintain optimal inventory levels, reduces waste, and enhances customer satisfaction by ensuring product quality. Regularly monitoring and organizing stock can facilitate effective rotation.
First in first out
The biggest reason for poor stock rotation is that the employees just put the new items on the shelf without pulling the older ones to the front. All stock items should be rotated out based on the product's expiration date.
"When stock a new delivery of goods takes place, it is important that stock items are rotated so that the older units are on prominent display."
Poor stock rotation is evident when items on the shelves are not sold before their "best by" dates. In a grocery store, new items should always be rotated to the back of the shelf. Even some soaps have a "best by" date.
You should ensure that older stock is pulled to the front, and newer stock is put to the back. It is a question of stock rotation. Don't sell new stock if older stock is waiting to be sold.
Stock is rotated to ensure the oldest stock is used first. This ensures that the smallest amount of food spoils as possible, which could be the case if you failed to rotate the stock and used new stock before old. In McDonald's the acronym to remember this is "FIFO" for "First In, First Out."
Stock rotation ensures we always use the oldest stock first.The rotation of the Earth around the Sun takes one year.A farmer uses crop rotation to help keep the soil disease free.
Sell by dates on Crisp packets end on a Saturday for the licencing trade. This is because normally dry stock rotation in pubs and clubs in on a Friday, therefore, sell by dates are on a Saturday to ensure sales up to and including stock rotation day.
Stock rotation procedure is important to any business as it ensures that stock is balanced. You will not be left with old stock and sell the new stock only. This creates a good balance also in terms of the quality.
Easy, because no one wants to eat expired food. Not good for you