FIFO PowerPoint Template

First In First Out (FIFO) PowerPoint Template is a presentation concept design created in PowerPoint that you can download to prepare presentations where you need to describe pipes or a FIFO queue or process. FIFO stands for first in, first out. FIFO is widely used to describe Pipes and Queues in different industries and have a wide range of applications. It is widely used in Inventory Management but also in Computers Sciences especially to describe Data Structures and Algorithms.

In the field of Inventory Management, FIFO is used as an easy-to-understand inventory valuation method. It assumes that the first goods purchased are the goods sold first. In other words, the oldest inventory gets shipped out to customers before newer inventory.

An alternative to FIFO is LIFO, which stands for Last In, First Out. If you need to represent LIFO Model, you can download the LIFO PowerPoint template instead.