Back to Glossary

LIFO (Last-In, First-Out)

WHAT'S ON THIS PAGE

Section 1

min. read

Published on

Jul 18, 2025

Warehousing

LIFO (Last-In, First-Out)

Newest inventory is picked or sold first.

LIFO assumes the newest items received are picked first. While rare in physical warehousing, it can be used in accounting or environments where the latest inventory is more relevant (e.g., tech components). For instance, a company selling graphics cards may choose to sell the newest batch first to align with the latest spec or price.

Share this term

you may also be ınterested ın:

3PL (Third-Party Logistics Provider)

A company that manages warehousing, fulfilment, and shipping operations on behalf of other brands.

Warehousing

3PL (Third-Party Logistics Provider)

A company that manages warehousing, fulfilment, and shipping operations on behalf of other brands.

Warehousing

3PL (Third-Party Logistics Provider)

A company that manages warehousing, fulfilment, and shipping operations on behalf of other brands.

Warehousing

ASN (Advanced Shipping Notice)

Electronic notice detailing incoming shipment contents and timing.

Warehousing

ASN (Advanced Shipping Notice)

Electronic notice detailing incoming shipment contents and timing.

Warehousing

ASN (Advanced Shipping Notice)

Electronic notice detailing incoming shipment contents and timing.

Warehousing

Automated Picking System

Robotics or conveyors assist with picking and routing items.

Warehousing

Automated Picking System

Robotics or conveyors assist with picking and routing items.

Warehousing

Automated Picking System

Robotics or conveyors assist with picking and routing items.

Warehousing

Batch Picking

Picking multiple orders simultaneously to reduce travel time.

Warehousing

Batch Picking

Picking multiple orders simultaneously to reduce travel time.

Warehousing

Batch Picking

Picking multiple orders simultaneously to reduce travel time.

Warehousing

3PL (Third-Party Logistics Provider)

A company that manages warehousing, fulfilment, and shipping operations on behalf of other brands.

Warehousing

ASN (Advanced Shipping Notice)

Electronic notice detailing incoming shipment contents and timing.

Warehousing

Features

Who We Help

Resources

Pricing

Get In Touch

Free Demo

Talk To Sales