What is the primary purpose of a "stock rotation" policy?

The primary purpose of a "stock rotation" policy is to prevent the use of expired products by ensuring older stock is utilized first. This practice, often referred to as "first-in, first-out" (FIFO), is essential in medical materiel management where the integrity and efficacy of products can degrade over time. By implementing stock rotation, organizations can effectively minimize waste and ensure that all items, especially those with expiration dates, are used before they reach the end of their shelf life. This not only enhances patient safety by reducing the risk of administering expired products but also improves inventory management and cost efficiency by helping to maintain a consistent flow of fresh supplies.