Strategy: LIFO (Last In, First Out) 

Use

For some warehouse organizations or sectors of industry, you cannot use the FIFO principle. For example, in the building material industry, products that are to be removed from stock and are therefore being stored temporarily are stacked on products that are already stored in the warehouse. When using the FIFO strategy, the warehouse worker would first have to remove the products lying on top to get to the product with the oldest goods receipt date. The LIFO strategy is provided for such situations. When the system searches for a suitable quant to remove from stock, it always suggests the last quant that was placed into stock.

Prerequisites

See Strategy: FIFO (First In, First Out) with the exception that you have specified the goods receipt date (sort descending) as the sort criterion.