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LIFO in Logistics Meaning

The LIFO meaning in Logistics terms is "Last In, First Out". There are 2 related meanings of the LIFO Logistics abbreviation.

LIFO on Logistics Full Forms

  1. Last In, First Out A method of determining the cost of inventory used in a product. In this method, the costs of material are transferred to the product in reverse chronological order. LIFO is used to describe the movement of goods.
  2. Last In/First Ouw

Frequently Asked Questions (FAQ)

  1. What does LIFO stand for Logistics?

    LIFO stands for Last In/First Ouw in Logistics terms.

  2. What is the shortened form of Last In/First Ouw in Logistics?

    The short form of "Last In/First Ouw" is LIFO for Logistics.

Citation

LIFO in Logistics. Acronym24.com. (2022, April 3). Retrieved February 2, 2025 from https://acronym24.com/lifo-meaning-in-logistics/

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