first in, first out

German translation: First in first out

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English term or phrase:	first in, first out
German translation:	First in first out

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13:06 Aug 12, 2009

English to German translations [PRO]
Bus/Financial - Retail
Additional field(s): Accounting

English term or phrase: first in, first out

Definition from About.com: Retailing:
A method of stock rotation in which goods that are received first are sold first. Newly received product is stocked behind the older merchandise.

Example sentence(s):

Raw materials and ingredients should be stored and handled under suitable conditions to prevent spoilage, contamination and damage. Stocks of raw materials and ingredients should be properly rotated to ensure that the first-in-first-out principle is followed. Hong Kong FEHD
Follow rotational policies closely. Seafood always should be handled on a 'first in, first out' basis. This is particularly critical for fresh seafood because of shorter shelf life, but it also should be applied to frozen product display cases. Alaska Seafood Marketing Institute
Sell the earliest deliveries first - a frequent delivery service from one distributor will help to maintain the first in - first out arrangement. FAO CORPORATE DOCUMENT REPOSITORY

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First in first out

Definition:
First in first out (Fifo)
Bewertungsverfahren für Lagerbestände (z. B. für die Bilanz), bei dem die Preise für die letzten Einkäufe die Bewertungsgrundlage bei Lagerentnahmen bilden. Es wird die Verbrauchsfolge first in first out unterstellt, d. h., was zuerst ins Lager geht, wird auch als Erstes entnommen.

Selected response from:

Kai Zimmermann
Switzerland

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5 +6

First in first out

Kai Zimmermann

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peer agreement (net): +6

First in first out

Definition from Wirtschaftslexikon24:
First in first out (Fifo)
Bewertungsverfahren für Lagerbestände (z. B. für die Bilanz), bei dem die Preise für die letzten Einkäufe die Bewertungsgrundlage bei Lagerentnahmen bilden. Es wird die Verbrauchsfolge first in first out unterstellt, d. h., was zuerst ins Lager geht, wird auch als Erstes entnommen.

Example sentence(s):

Bei dem First in, first out Prinzip (kurz: FiFo) wird zuerst das Material bzw. die ware verbraucht, welche zuerst gekauft wurde. Dieses Prinzip lässt sich gut am Beispiel eines Silos verdeutlichen: Ein Silo wird von oben befüllt, die Entnahme erfolgt jedoch von unten. - Lagerlogistik-Lexikon

Kai Zimmermann
Switzerland
Local time: 14:14
Native speaker of: German
PRO pts in category: 4

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