What does FiFi stand for in operational terms?

FiFi stands for "First in, first out," which is a crucial concept in operational management, particularly in inventory control and food service industries like Tropical Smoothie Cafe. This principle ensures that the oldest products in inventory are used or sold first, which helps maintain freshness and quality, particularly for perishable items.

By implementing the First in, first out methodology, a business minimizes waste and spoilage by prioritizing the items that have been in stock the longest. This practice supports efficient inventory management and helps maintain customer satisfaction due to the freshness of the product being served. Additionally, it simplifies the inventory rotation process, making it easier for staff to manage stock efficiently during busy shifts.