The difference between FIFO and LIFO pallet racking

The difference between FIFO and LIFO pallet racking

Plus, storage racking systems reduce needless transportation and handling

Today’s warehouses are vital components in the order-fulfillment process. Their role is to elevate fulfillment efficiency. To increase productivity, it’s necessary to increase everything from storage capacity to retrieval accessibility. The storage and retrieval system as well as the method of stock rotation make a big difference. There are two common methods of stock rotation. There is first-in-first-out or FIFO and last-in-first-out or LIFO. With FIFO storage racks, it’s possible to access single pallets without needing to remove other items. This strategy is ideal for time-sensitive merchandise, such as perishable products with a fast turnover rate. The LIFO storage system is used for long-term housing of homogeneous goods that do not expire or lose value over the long term. LIFO is preferred for pharmaceuticals or food items and works to elevate order-fulfillment efficiency. To expedite order fulfillment, a pallet flow rack or gravity flow rack is recommended. This style of system utilizes inclined gravity-fed roller lands to transport products from the loading aisle to the retrieval aisle. They are high density and simple to use. However, they are a considerable investment and require regular maintenance. Another option is carton flow racks. Similar to the pallet flow system, this alternative works with plastic totes, cardboard boxes and other products loaded at the stocking location. These items are retrieved by hand and suit high-volume order picking. Due to cold storage applications, they are suited to food distribution. A wide variety of pallet racking systems prioritize the safety of inventory. Merchandise can be wrapped on a pallet and secured on solid beams and wire decking. Concerns over falling and damage is minimized. Plus, storage racking systems reduce needless transportation and handling. There is less waste, fewer losses and an increase in profit. There is also less time and labor involved.

 

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