Related term
Demand Amplification
A tendency observed in multi-step processes, in which the production orders received by each upstream process are more…
View termWhat is First In, First Out (FIFO)?
The principle and practice of maintaining precision in the sequence of production and material movement, ensuring that the first part to enter a process or storage location is…
Meaning and application in management
The principle and practice of maintaining precision in the sequence of production and material movement, ensuring that the first part to enter a process or storage location is also the first part to exit. This ensures that stored parts do not become obsolete and that quality problems are not hidden in inventory. FIFO is a necessary condition for implementing a pull system.
See: Kanban, Pull Production, Supermarket.Keep learning with the lean vocabulary
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