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FIFO stands for "First in, first out," which is a critical principle in food handling and inventory management. This method ensures that the oldest stock of food items is used or sold before newer stock, thereby minimizing waste and ensuring freshness.

By adhering to this practice, food handlers can significantly reduce the risk of spoilage and ensure that customers are receiving the highest quality products. It is especially important in settings such as grocery stores and restaurants, where maintaining the quality and safety of perishable items is paramount. Using FIFO helps in organizing products based on their received dates and ensures proper rotation, contributing to overall food safety standards.

This principle is foundational in food handling and storage as it reinforces the importance of managing inventory effectively and thoughtfully to promote safety and quality.