What does FIFO stand for in food storage?

The term FIFO stands for "First In, First Out," which is a critical principle in food storage management. This method emphasizes the importance of using older stock of food products before newer stock, ensuring that foods are consumed or used in the order they were received. This practice helps in minimizing waste due to spoilage or expiration, as it encourages regular rotation of inventory. FIFO is especially important in managing perishable goods, as it helps maintain quality and safety by ensuring that food products are not kept in storage for too long, thus reducing the risk of foodborne illnesses associated with expired ingredients.