FIFO

A Production Control System in Perspective
The relationship among functions in the whole production control system

The relationship between the production control system and other divisions
Order Receipt/Shipping Control
Demand Forecast
Production Planning
Inventory Control
Material Planning
Engineering Data Control
Purchasing Planning and Acceptance/Acceptance Inspection Control
Manufacturing Planning and Process Control
Quality Control
Cost Control

Asprova MRP

Asprova MRP is calculated on the memory requirement, allocate lead time at a high speed. Can achieve material arrangement Just in Time, which is impossible in other MRP system.

Please click here for detail information

MRP glossary TOP > Inventory Control > FIFO

First-in First-out

FIFO stands for First-in First-out, and is a method for inventory valuation. For details, see "First-in First-out".

Related term: Cost Approach

Reference：JIT Business Research Mr. Hirano Hiroyuki

Dead Stock | Inventory Control | First-in First-out FIFO