{"id":16385,"date":"2026-02-11T14:46:00","date_gmt":"2026-02-11T09:16:00","guid":{"rendered":"https:\/\/www.vasyerp.com\/the-retail-guru\/?p=16385"},"modified":"2026-03-25T13:31:33","modified_gmt":"2026-03-25T08:01:33","slug":"expiry-management-in-retail-stores","status":"publish","type":"post","link":"https:\/\/vasyerp.com\/the-retail-guru\/expiry-management-in-retail-stores","title":{"rendered":"10 Tips for Expiry Management in Retail Stores"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/vasyerp.com\/the-retail-guru\/expiry-management-in-retail-stores\/#What_is_Expiry_Management_in_Retail_Stores\" >What is Expiry Management in Retail Stores?&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/vasyerp.com\/the-retail-guru\/expiry-management-in-retail-stores\/#Why_is_Expiry_Management_Critical_for_Retailers\" >Why is Expiry Management Critical for Retailers?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/vasyerp.com\/the-retail-guru\/expiry-management-in-retail-stores\/#Consequences_of_Selling_Expired_Products_in_India\" >Consequences of Selling Expired Products in India<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/vasyerp.com\/the-retail-guru\/expiry-management-in-retail-stores\/#From_Stock_to_Shelf_Top_Tips_for_Managing_Product_Expiry_and_Shelf_Life_in_Retail_Stores\" >From Stock to Shelf: Top Tips for Managing Product Expiry and Shelf Life in Retail Stores&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/vasyerp.com\/the-retail-guru\/expiry-management-in-retail-stores\/#1_Improve_Storage_Conditions\" >1. Improve Storage Conditions&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/vasyerp.com\/the-retail-guru\/expiry-management-in-retail-stores\/#2_Power_of_FIFO\" >2. Power of FIFO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/vasyerp.com\/the-retail-guru\/expiry-management-in-retail-stores\/#3_Level_Up_Expiry_Management_in_Retail_Stores_with_Tech\" >3. Level Up! Expiry Management in Retail Stores with Tech<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/vasyerp.com\/the-retail-guru\/expiry-management-in-retail-stores\/#4_Choose_Your_Suppliers_Carefully\" >4. Choose Your Suppliers Carefully<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/vasyerp.com\/the-retail-guru\/expiry-management-in-retail-stores\/#5_Using_Sales_Data_to_Beat_Expiry_Dates\" >5. Using Sales Data to Beat Expiry Dates<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/vasyerp.com\/the-retail-guru\/expiry-management-in-retail-stores\/#6_Smart_Placement_at_Display\" >6. Smart Placement at Display&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/vasyerp.com\/the-retail-guru\/expiry-management-in-retail-stores\/#7_Staff_Training_for_Expiry_Management\" >7. Staff Training for Expiry Management<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/vasyerp.com\/the-retail-guru\/expiry-management-in-retail-stores\/#8_Material_Consumption_Management\" >8. Material Consumption Management&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/vasyerp.com\/the-retail-guru\/expiry-management-in-retail-stores\/#9_Warehouse_Optimization\" >9. Warehouse Optimization&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/vasyerp.com\/the-retail-guru\/expiry-management-in-retail-stores\/#10_Promotions_and_Discounts\" >10. Promotions and Discounts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/vasyerp.com\/the-retail-guru\/expiry-management-in-retail-stores\/#You_can_use_VasyERP_to_create_coupons_and_discount_offers\" >You can use VasyERP to create coupons and discount offers.&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/vasyerp.com\/the-retail-guru\/expiry-management-in-retail-stores\/#VasyERP_Your_Expiry_Management_Expert\" >VasyERP: Your Expiry Management Expert<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/vasyerp.com\/the-retail-guru\/expiry-management-in-retail-stores\/#Conclusion\" >Conclusion&nbsp;<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>Managing expiry and shelf life is one of the biggest pain points in retail businesses like grocery stores, supermarkets, convenience stores, milk dairies, bakery shops, cake shops, pet food stores, fruit and vegetable stores, etc. Without proper expiry management, retailers can face huge losses due to unsold expired goods or even face far worse consequences if they sell any expired product by mistake.\u00a0\u00a0<\/p>\n\n\n\n<p>This is where expiry management in retail stores comes into play. With adequate knowledge, strategies, techniques, and the use of expiry management technologies, retailers can easily address expiry management challenges.&nbsp;<\/p>\n\n\n\n<p>Consider this guide as your secret weapon for mastering expiry management. We will discuss what expiry management is, why it is important for retailers, and how to ensure your retail store can handle product expiry like a Pro.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Expiry_Management_in_Retail_Stores\"><\/span>What is Expiry Management in Retail Stores?&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Within retail store operations, expiry management is the process of tracking, monitoring, and managing the expiration dates of perishable goods. This focuses on developing strategies and tools to ensure products are sold long before their <strong>\u2018expiry\u2019 <\/strong>or <strong>\u2018best-before\u2019 <\/strong>dates. Expiry management is also aimed at ensuring that customers receive safe-to-consume items.&nbsp;<\/p>\n\n\n\n<p>A properly designed expiry management process has great benefits:&nbsp;<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Reduces Waste:<\/strong> Minimizes the waste of products<\/li>\n\n\n\n<li><strong>Cost Savings:<\/strong> Eliminates losses associated with unsellable expired goods<\/li>\n\n\n\n<li><strong>Customer Satisfaction:<\/strong> Ensures customers receive fresh products or products that have a long expiry date, so that they have sufficient time to use them<\/li>\n\n\n\n<li><strong>Regulatory Compliance:<\/strong> Helps meet regulatory requirements, avoiding fines and penalties.<\/li>\n\n\n\n<li><strong>Prevents Reputation Harm:<\/strong> Prevents any brand reputation damage scenario. Maintains a positive brand image by consistently offering safe products.<\/li>\n\n\n\n<li><strong>Inventory Optimization:<\/strong> Improves inventory turnover and reduces storage costs.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_is_Expiry_Management_Critical_for_Retailers\"><\/span>Why is Expiry Management Critical for Retailers?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Product Expiry Management: 3 Essential Tricks for Smooth Operations!\" width=\"1170\" height=\"658\" data-src=\"https:\/\/www.youtube.com\/embed\/2Q1zJcoUjhM?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>Retailers cannot sell the expired goods. If they do, there can be damaging consequences to the retailer&#8217;s reputation, legal repercussions from the authorities, and even customers can file a case against the retailer.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXfeKZ3MkvRF-J1-NSqniYHeccrKChMO1AvRxBTMyUhTcHL9ZX79Oj2wKLzCGRnJ-1OtGQdORTm-2ftB0-WNcYjztWR4RUt77qdWZ0wH4upoN4cA5SBZnggVezV-BX34xAn6QDDmJZqQGJFd1dxQRJQj4wz5Y507eRHQD787mqP5xTQ6CuqFAQ?key=55y2kBWMxDDCE8iK2b3gEw\" alt=\"\" title=\"\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\"><\/figure>\n\n\n\n<p>The above incident involving Gajender Yadav, a Delhi resident, who ordered a 10 kg packet of wheat flour from Zepto, only to discover that it had a rapidly approaching expiration date of just eight days, underscores the critical importance of expiry management in retail stores. Zepto had to face a lot of embarrassment due to the above <a href=\"https:\/\/indianexpress.com\/article\/trending\/trending-in-india\/zepto-expired-10-kg-wheat-flour-delhi-man-complain-viral-post-9340894\/\" target=\"_blank\" rel=\"noopener\">expiry-related incident.&nbsp;<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Consequences_of_Selling_Expired_Products_in_India\"><\/span>Consequences of Selling Expired Products in India<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Legal Penalties<\/strong><br>Fines and legal action from regulatory bodies like the Food Safety and Standards Authority of India (FSSAI).<\/td><td><strong>Loss of Customer Trust<\/strong><br>If you sell expired items to customers, they won\u2019t come back to buy from you and you will lose lifetime revenue&nbsp;<\/td><td><strong>Health Risks<\/strong><br>Potential health hazards to consumers can result in lawsuits and compensation claims.<\/td><\/tr><tr><td><strong>Regulatory Scrutiny<\/strong><br>Once your name pops up in selling expired items you will face Increased scrutiny and inspections from regulatory authorities.<\/td><td><strong>Negative Reviews<\/strong><br>Be ready to face negative publicity on all review platforms from customers about your retail stores&nbsp;<\/td><td><strong>Loss of Business<\/strong><br>You will have to cope with severe business loss or even license cancellation scenarios<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Retailers can face serious consequences in cases of non-compliance with <a href=\"https:\/\/retail.economictimes.indiatimes.com\/blog\/strict-enforcement-of-expiry-date-regulations-in-indias-online-marketplacesnecessary-for-consumer-safety-and-trust\/109249875\" target=\"_blank\" rel=\"noopener\">expiry-related laws in India, <\/a>which have now extended to online retailers too.\u00a0 Also, before we go to this extent, there are financial losses at the retailers\u2019 end.\u00a0<\/p>\n\n\n\n<p>Retailers who are ethical and don\u2019t sell expired products will be saved from the wrath of the authorities or customers, but still, they will be left with waste products. These waste products are direct losses to the retailers. Retailers can face huge troubles or losses without an expiry management mechanism and a product expiry tracking process.\u00a0<\/p>\n\n\n\n<p>With consumer laws getting stricter and consumers taking everything to social media, retailers need expiry management more than ever before.&nbsp;<\/p>\n\n\n\n<p><em>Let us understand how retailers can manage it:&nbsp;<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"From_Stock_to_Shelf_Top_Tips_for_Managing_Product_Expiry_and_Shelf_Life_in_Retail_Stores\"><\/span>From Stock to Shelf: Top Tips for Managing Product Expiry and Shelf Life in Retail Stores&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1160\" height=\"549\" src=\"https:\/\/www.vasyerp.com\/the-retail-guru\/wp-content\/uploads\/2024\/06\/blog2-2.jpg\" alt=\"Tips for Managing Product Expiry and Shelf Life in Retail Stores\" class=\"wp-image-16388\" title=\"\"><figcaption class=\"wp-element-caption\">Tips for Managing Product Expiry and Shelf Life in Retail Stores <\/figcaption><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_Improve_Storage_Conditions\"><\/span><strong>1. Improve Storage Conditions&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The first step to conquering expiry dates is understanding factors that affect the shelf life of each product. Shelf life refers to the period during which a product remains safe and maintains its desired quality. Most products come with a clearly marked expiration date set by the manufacturer.&nbsp;<\/p>\n\n\n\n<p><strong>Shelf life also depends on storage conditions, so factor that in.<\/strong>&nbsp;<\/p>\n\n\n\n<p>For instance, a dairy product might have a longer shelf life when refrigerated. Retailers should note the expiry conditions and ensure that products are stored so as to retain their freshness and usability.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_Power_of_FIFO\"><\/span><strong>2. Power of FIFO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Once you know your shelf life, implement the FIFO (First-In, First-Out) method. This means ensuring the products that arrived at your store first are sold or used.&nbsp;<\/p>\n\n\n\n<p><strong>Here&#8217;s how:<\/strong><\/p>\n\n\n\n<p><strong>Physical Organization:<\/strong> During stocking, place newer items behind older ones, ensuring older products are displayed and sold first.<\/p>\n\n\n\n<p><strong>Labelling Love:<\/strong> Consider adding a &#8220;received on&#8221; date alongside the expiry date on your products for better organization.<\/p>\n\n\n\n<p>FIFO is an <a href=\"https:\/\/www.vasyerp.com\/the-retail-guru\/retail-inventory-management-guide\">inventory management technique<\/a> that can be practiced by regular stock rotation. Stock rotation is the physical process of moving old products to the front of the shelves and putting new ones on the back. Set specific times each week or month to rotate your inventory, and make sure older items can sell out quickly. Assign stock rotation tasks to specific employees and make sure everyone understands the FIFO principle.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_Level_Up_Expiry_Management_in_Retail_Stores_with_Tech\"><\/span><strong>3. Level Up! Expiry Management in Retail Stores with Tech<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Gone are the days of relying on memory alone. <a href=\"https:\/\/www.vasyerp.com\/\">Retail management software<\/a> like VasyERP has an inbuilt <strong>expiry management module<\/strong>.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXfmAjj1GXGFrHa04sGrcPZnVRwuq1hL7J31OGc_CyhY3sBnAdPtHlWyG-r9Zc4YE0Q8c8um-Jo6aLdOgGRAOD2CjOXs5NExbcrhZo0G2ANIW68zLUWoK4muTX-BWLHmt5dpFLcg0EXsyvSajZSyPNdwopHoTqofFSfozan1ROUo6P6mEMn-m-U?key=55y2kBWMxDDCE8iK2b3gEw\" alt=\"\" title=\"\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\"><\/figure>\n\n\n\n<p><strong>Expiry Alerts: <\/strong>Set automatic alerts to notify you when products are nearing expiry. This allows you to take timely action, like promoting near-expiry items or strategically placing them for quicker sales.<\/p>\n\n\n\n<p><strong>Sales Prevention:<\/strong> <a href=\"https:\/\/www.vasyerp.com\/best-pos-billing-retail-software\">VasyERP&#8217;s POS system <\/a> can be configured to prevent accidental sales of expired products, saving you from potential customer dissatisfaction and legal issues.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_Choose_Your_Suppliers_Carefully\"><\/span><strong>4. Choose Your Suppliers Carefully<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Better organized suppliers can significantly improve your expiry management. The suppliers who manage expiry at their own end are the best to collaborate with for your inventory needs.&nbsp;<\/p>\n\n\n\n<p>Here&#8217;s how to work together:<\/p>\n\n\n\n<p><strong>Negotiate Delivery Schedules:<\/strong> Discuss receiving smaller, more frequent deliveries of perishable items to reduce the risk of spoilage.<\/p>\n\n\n\n<p><strong>Transparency is Key:<\/strong> Communicate your estimated sales volume to suppliers to help them plan deliveries that meet your demand and minimize the risk of overstocking near-expiry items.<\/p>\n\n\n\n<p><strong>Choose suppliers with optimal logistics: <\/strong>Suppliers that have better delivery mechanisms will ensure that unnecessary delays do not shorten the expiry timeline.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><em>\u201cTravel time between various channels \u2014 from the manufacturing plant to the warehouse has to reduce so consumers get fresh products.\u201d<\/em><br><strong>\u2013Devendra Chawala of Big Bazaar&nbsp;<\/strong><strong>In an interview given to <\/strong><a href=\"https:\/\/brandequity.economictimes.indiatimes.com\/news\/business-of-brands\/retailers-get-cautious-about-expiry-date-of-food-products\/47783042\" target=\"_blank\" rel=\"noopener\"><strong>Brandequity <\/strong><\/a><strong>&nbsp;(Economic Times)<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Using_Sales_Data_to_Beat_Expiry_Dates\"><\/span><strong>5. Using Sales Data to Beat Expiry Dates<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Your sales data holds valuable insights for expiry management. Regularly analyze your sales trends to:<\/p>\n\n\n\n<p><strong>Monitor sales: <\/strong>Check your sales log for slow-selling items. This will help you order fewer items so they don\u2019t expire before you can sell them.<\/p>\n\n\n\n<p><strong>Consider the seasons: <\/strong>If you sell lemons, for example, you probably sell more in the summer than in the winter. So, order more lemon in the summer and less in the winter.<\/p>\n\n\n\n<p>VasyERP comes with features that provide MIS reports on best and least-selling items, trends in your inventory, and expiry reports.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXdPJxybEOuBpDGqMbsh4_KQwrex5Ddt4HiCeQiB6p1DuqulhEAjvphOX_hZhU5a0w79tvLLP7K2WpqRjNeJXt7KNGouTIHVD0tW8uy1ZXz4wD-xOjLN3o8O2g-WZ0S0HgU4LaGDOyraR68lEFm5O5jCObl3IohgDp3Ooj5OmTIGckDEjxQDV-8?key=55y2kBWMxDDCE8iK2b3gEw\" alt=\"\" title=\"\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\"><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6_Smart_Placement_at_Display\"><\/span><strong>6. Smart Placement at Display&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Strategic product placement can significantly impact sales and expiry management:<\/p>\n\n\n\n<p><strong>Golden Shelf Space: <\/strong>Place near-expiry items at eye level or high-traffic areas to encourage customers to pick them up. Placing near-expiry items at eye level ensures they are one of the first things customers see when scanning the shelves.&nbsp;<\/p>\n\n\n\n<p><strong>High-foot Traffic Areas:<\/strong> Positioning near-expiry items in areas that receive high foot traffic, such as near the entrance, checkout lanes, or end-of-aisle displays, increases the likelihood of impulse purchases.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7_Staff_Training_for_Expiry_Management\"><\/span><strong>7. Staff Training for Expiry Management<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A well-informed team is crucial for successful expiry management. Train your staff on:<\/p>\n\n\n\n<p><strong>Expiry Date Identification:<\/strong> Ensure everyone can clearly identify and understand expiry dates.<\/p>\n\n\n\n<p><strong>Stock Rotation Techniques<\/strong>: Train staff on proper stock rotation procedures to maintain FIFO order.<\/p>\n\n\n\n<p><strong>Reporting Process:<\/strong> Encourage staff to inform managers about any damaged or near-expiry products they encounter during stocking or sales.<\/p>\n\n\n\n<p><strong>Stock-aging reports:<\/strong> Let the staff access the stock-aging report that tells about the expiry parameters.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXd6OrxYkxXPsSP-m3jp0j0atnjeSGerCn_jtkKZXAFogJQ7RWhthEZYY6Pdm3XHbgSgrliyQ4CPZoiEEAhUSIyr5lOcSEIa-Q-_r9ytRvk4o_JBkGqxHC-LLhSjQGQVBp7O0Qvzd42Oyt1jGBbB3e8qpdXtf8Ts73nB4rx36DLd9jS31nLv_w?key=55y2kBWMxDDCE8iK2b3gEw\" alt=\"\" title=\"\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\"><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"8_Material_Consumption_Management\"><\/span><strong>8. Material Consumption Management&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>When products expire, it can greatly affect a retailer&#8217;s business, leading to unsold inventory and wasted resources. To effectively manage this, it&#8217;s crucial to keep track of when products are likely to go unsold due to reasons like expiration. VasyERP offers a helpful tool known as &#8220;material consumption&#8221; within the inventory section to assist retailers in managing these challenges efficiently.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXcdntojOxJ3OS9tUN9YTdwyjeaqDmpE1oy4v33CNIEuzKWJ09EE6VvKN0jWohRqHEulP_mS3SsKs3umNfJYfHAp5PjrWmNQawk6prgBS0_I9Q4qhjg_jmK1T0a_mmyg73esJM7NE5EJOFUIioa9pUdmvoMwJVkjQVjiF7jQrIWpDNEvhOzMDIU?key=55y2kBWMxDDCE8iK2b3gEw\" alt=\"\" title=\"\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\"><\/figure>\n\n\n\n<p>Create a New Record: Click on &#8220;create new&#8221; to begin documenting the consumption.&nbsp;<\/p>\n\n\n\n<p>1. Date: Select the date of the consumption.&nbsp;<\/p>\n\n\n\n<p>2. User: Choose the user handling the consumption.&nbsp;<\/p>\n\n\n\n<p>3. Consumption Type:&nbsp;There are 6 Consumption Type options given, select the appropriate type from the following options:&nbsp;<strong>Expiry, Production, Scrap or Wastage, Sample, Damage, Leakage&nbsp;<\/strong><\/p>\n\n\n\n<p>(Expiry: For products that have surpassed their expiration date and cannot be sold)<\/p>\n\n\n\n<p>4. Add Remarks: If there are any specific details or notes to add, use the provided box to record them.&nbsp;<\/p>\n\n\n\n<p>5. Save: By clicking the save button, the information is recorded, and the stock is automatically adjusted to reflect this usage.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"9_Warehouse_Optimization\"><\/span><strong>9. Warehouse Optimization&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Warehouse optimization plays a crucial role in expiry management in retail stores by ensuring efficient inventory control and reducing waste. Through advanced tracking systems and data analytics, warehouse optimization allows for precise monitoring of product lifecycles. This ensures that items nearing their expiration dates are prioritized for dispatch to retail outlets, minimizing the risk of selling expired goods and thus safeguarding consumer health.<\/p>\n\n\n\n<p>Label and track the product&#8217;s expiration dates, and prioritize dispatch of near-expiry items from the warehouse. Generate barcode labels from VasyERP\u2019s <a href=\"https:\/\/www.vasyerp.com\/the-retail-guru\/online-barcode-generator-for-inventory-management\">label and barcode generator.&nbsp;<\/a><\/p>\n\n\n\n<p><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXf6SmJ7_muoqDMj4YlitZvA5kvbY-SteRXQxc7LkRxAZlVo1ZPAgVMbMdty6b3vmaumfLnkFv0_kT3mYHfFGRLqwSZ_KQQSijTonjeGRtmdfOTVl4qVDw6JXDF9moZNQSa6oT7sYMHa0mMRv2oLkt4xk1chncCKZJmLqBczoj1ufN4064WsnNw?key=55y2kBWMxDDCE8iK2b3gEw\" width=\"602\" height=\"288\" alt=\"\" title=\"\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" style=\"--smush-placeholder-width: 602px; --smush-placeholder-aspect-ratio: 602\/288;\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"10_Promotions_and_Discounts\"><\/span><strong>10. Promotions and Discounts<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Create special promotions or discounts for near-expiry items to clear them out quickly. Offer significant discounts (e.g., 50% off) on near-expiry items for a limited time. Create bundled offers where customers can purchase multiple near-expiry items at a reduced price. Offer extra loyalty points or rewards for purchasing near-expiry items. Provide discount coupons specifically for near-expiry items.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"You_can_use_VasyERP_to_create_coupons_and_discount_offers\"><\/span>You can use <strong>VasyERP<\/strong> to create coupons and discount offers.&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXcEkrZxP_9i5zSYhZo9FV7tYWKdBsGeReyfge-vYphW75HINhizYmyEIQN0X2wSVFE5j4q_47QWdbxFbYCu7y7_VBInvNngOshVL3xzRuH5bDZrGJ1_IpMJV_QPe91iQe6b7zisMIzayg3U_I18UysGWhUtdiTzCcEXv3B-tsp6qchLDfC9Jis?key=55y2kBWMxDDCE8iK2b3gEw\" alt=\"\" title=\"\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\"><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><span class=\"ez-toc-section\" id=\"VasyERP_Your_Expiry_Management_Expert\"><\/span>VasyERP: Your Expiry Management Expert<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-9-16 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Smartly Manage Expiry of Your Inventory with VasyERP\" width=\"563\" height=\"1000\" data-src=\"https:\/\/www.youtube.com\/embed\/C4tuPRcgvC4?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>Remember, you don&#8217;t have to fight the expiry battle alone. VasyERP&#8217;s integrated inventory management system empowers you with:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Automated Expiry Alerts: Get notified well in advance of approaching expiry dates.<\/li>\n\n\n\n<li>Smart Sales Prevention: Prevent accidental sales of expired items at the POS. The <a href=\"https:\/\/www.vasyerp.com\/best-pos-billing-retail-software\">POS system<\/a><span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\"><a href=\"https:\/\/www.vasyerp.com\/best-pos-billing-retail-software\" target=\"_blank\">\u00a0<\/a><\/span>of VasyERP will not allow billing of expired goods.\u00a0<\/li>\n\n\n\n<li>Real-Time Inventory Tracking: Gain instant insights into your stock levels and expiry dates.<\/li>\n\n\n\n<li>Data-Driven Insights: Analyze sales data to identify slow movers and adjust ordering strategies.<\/li>\n<\/ul>\n\n\n\n<p>VasyERP makes it easy to keep track of your store\u2019s inventory. It can record important details about your products, like batch numbers, when they were made, and when they expire. This feature is great for retailers because it helps them to know which items to sell first, so nothing goes to waste. This way, you can make sure your customers always get fresh products, and your store stays efficient.<\/p>\n\n\n\n<p>By implementing VasyERP&#8217;s powerful features, you can transform your store into an expiry management champion. Reduce waste, maximize profits, and ensure your customers always have access to fresh, high-quality products.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Ensuring items sell before they spoil, and maintaining proper stock rotation can feel like a Happy day. Well-managed expiry and shelf life processes are integral to operational efficiency, economic sustainability, and brand integrity in the retail store business. Following the tips discussed in the article, you&#8217;ll be a master of managing expiry dates in no time!&nbsp;&nbsp;<\/p>\n\n\n\n<p>VasyERP can also help with automated alerts, smart sales prevention, and real-time inventory tracking. VasyERP&#8217;s Expiry and Shelf Life Management module helps address all of your expiry &amp; shelf life management-related issues. <a href=\"https:\/\/www.vasyerp.com\/india-avail-free-demo\">Schedule a free demo<\/a> to learn how to use VasyERP for expiry and shelf life management.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Managing expiry and shelf life is one of the biggest pain points in retail businesses like grocery stores, supermarkets, convenience stores, milk dairies, bakery shops, cake shops, pet food stores, fruit and vegetable stores, etc. Without proper expiry management, retailers can face huge losses due to unsold expired goods or even face far worse consequences [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":16386,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[77],"tags":[54],"class_list":["post-16385","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-retail-corner","tag-post"],"acf":[],"jetpack_featured_media_url":"https:\/\/vasyerp.com\/the-retail-guru\/wp-content\/uploads\/2024\/06\/main-blog-1.jpg","_links":{"self":[{"href":"https:\/\/vasyerp.com\/the-retail-guru\/wp-json\/wp\/v2\/posts\/16385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vasyerp.com\/the-retail-guru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vasyerp.com\/the-retail-guru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vasyerp.com\/the-retail-guru\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/vasyerp.com\/the-retail-guru\/wp-json\/wp\/v2\/comments?post=16385"}],"version-history":[{"count":5,"href":"https:\/\/vasyerp.com\/the-retail-guru\/wp-json\/wp\/v2\/posts\/16385\/revisions"}],"predecessor-version":[{"id":61477,"href":"https:\/\/vasyerp.com\/the-retail-guru\/wp-json\/wp\/v2\/posts\/16385\/revisions\/61477"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vasyerp.com\/the-retail-guru\/wp-json\/wp\/v2\/media\/16386"}],"wp:attachment":[{"href":"https:\/\/vasyerp.com\/the-retail-guru\/wp-json\/wp\/v2\/media?parent=16385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vasyerp.com\/the-retail-guru\/wp-json\/wp\/v2\/categories?post=16385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vasyerp.com\/the-retail-guru\/wp-json\/wp\/v2\/tags?post=16385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}