LIFO Backlog management; Putting new backlog items at the top by default for shorter lead time

LIFO Backlog Management, what is it and why should you consider it? First off, LIFO stands for ‘Last in, first out’ and is the exact opposite of regular inventory management, where a ‘first in, first out’ (FIFO) approach is taken to prevent inventory from degrading. What does all this have to do with Backlog Management? […]

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