Product Expiration Date Also referred as Product Shelf Life, it is the date period that a product is fit for consumption or sale. Product past indicated expiry date becomes unfit for consumption or sale. For our case Expired products incur direct loss to business entities.
Product Short Expiry is the Date period which a product is near the end of shelf life. Most business have set product short expiry period between 3 to 6 months. At this period there are set agreements which warranty consumers to be credited by manufactures on returned goods due to short expiry.
There are various means to prevent product expiry. Major expiry control solution is devising effective physical plans to achieve FEFO (First Expired First Out) and FIFO (First In First Out)
Most Businesses are making huge loss due to products expiring in their storage areas or in transit. We are offering innovative solutions to ensure losses due uninformed products expiration are controlled. Our customers get informed on products short expiry period whereby they act on ensuring the product is acted upon. This includes pushing the product to the market, Returning to the manufactures or discounting customers to push sales.
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