Category: Inventory management

Poor availability costs American retailers an estimated $200 billion each year, highlighting the critical role of inventory in business success. The purpose of replenishment is to prevent such losses by ensuring the right products are in the right place at the right time, thereby satisfying customer demand and maximizing profitability.

According to research, the U.S. food service industry produces between 22 and 33 billion pounds of food waste annually. Implementing what is first in first out food handling is a powerful, yet simple, solution to significantly reduce this waste, cut costs, and improve overall food safety standards for any kitchen.