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In a tutorial by Gary from Taylor Adhesives, the importance of rotating inventory is emphasized. He advises that when new materials arrive, the oldest items should be sold first, and the new materials should be placed at the back. Marking pallets with dates is suggested for easy identification. Taylor provides key information on the product pails, including Technical Data Sheets (TDS), Safety Data Sheets (SDS), and batch code details. The shelf life of products is indicated on the label, in the TDS, and in the catalog. The batch code identification system is designed for easy reading, helping users manage their inventory effectively.