What is the importance of the 'First In, First Out' (FIFO) inventory method?

The 'First In, First Out' (FIFO) inventory method is essential in managing food safety and minimizing waste. This method ensures that the oldest inventory items are used first before newer items are added, which is particularly important in the food industry. By implementing FIFO, operations can significantly reduce food spoilage and waste, as older products are consumed before they expire or deteriorate in quality.

Utilizing FIFO helps maintain the freshness of inventory, promoting safer food practices. This also adheres to health regulations, reducing the risk of serving expired or spoiled food to customers. Ultimately, FIFO aligns with best practices in sanitation and food handling, ensuring high-quality service and food safety in food establishments.