FIFO, FEFO, LIFO: Best Strategies of Inventory Management
Chatubashini Ranasinghe
September 15, 2023
There are 3 types of inventory management strategies used in warehouse management. They are commonly known as FIFO, FEFO, and LIFO.
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Notify party in Shipping documents: Everything you need to know
Chatubashini Ranasinghe
September 13, 2023
Some shipping documents mention notify party details other than supplier and consignee details. Here, we are going to identify the
How to find Buyers for newly started Import-Export Businesses
Chatubashini Ranasinghe
September 11, 2023
When starting an export business, the biggest challenge is finding buyers related to the product. If it is an export
Job Losses and New Job Opportunities with ChatGPT in the Logistics Industry
Chatubashini Ranasinghe
September 11, 2023
The logistics industry is a rapidly growing industry when compared to others. With the development of AI technology like other
First Expiry, First Out (FEFO) concept
Chatubashini Ranasinghe
September 13, 2023
What is FEFO in inventory management? FEFO stands for First expiry, First out This strategy is commonly used in industries
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