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hi everyone and welcome back now that I understand all the basic processes and concepts of inventory management its time to have a look at renewal strategies since processes are always efficient as Sophie would I need to make sure I use the right inventory automation system or products are automatically selected when the sales order is triggered and goods can be automatically assigned for specific deliveries fortunately odoo has what I need I can choose between three different strategies FIFO first-in first-out LIFO last in first out and FIFO first expired first out the first one FIFO is useful for companies with short demand cycles like for clothing so they wont be stuck without data styles remaining in stock the second one LIFO can be used if the products do not have a shelf life but unfortunately the strategy is banned in many countries and by the IFRS which is applied in the European Union while FIFO is a strategy that implies the products that were stopped first will move out f
