Inventory Optimization in the Food Industry: A Review of LIFO, FIFO, and Emerging Technologies

Condori P.A.; Rengifo-Reategui I.; Algoner W.C. · Ingenieria e Investigacion (2026) · DOI: 10.15446/ing.investig.119223

Resumen

Effective inventory management is essential in the food industry due to high demand and the perishable nature of its products . Proper management not only affects daily operations but also plays a crucial role in a company's overall success. This study aims to identify and analyze strategies for improving inventory management by integrating traditional methods with modern technologies. To achieve this, a systematic review of studies published between 2020 and 2024 was conducted using databases such as ScienceDirect and Scopus. 38 relevant articles were selected for analysis based on defined inclusion and exclusion criteria. The findings reveal that adopting advanced technologies, such as automation, artificial intelligence-based management systems, and the Internet of Things (IoT), can greatly improve operational efficiency and reduce inventory losses. Furthermore, the study highlights the importance of strategies like LIFO (Last In, First Out) and FIFO (First In, First Out) for the effective management of perishable items. In conclusion, integrating traditional strategies with technological innovations offers a comprehensive approach to enhancing inventory management withi n the food sector. This research offers valuable insights for researchers and industry professionals aiming to increase operational efficiency and gain a competitive advantage in the market.

Instituciones: Universidad Tecnológica del Perú