What is Shelf Life?
Shelf Life The maximum time period a product may be stored in inventory while maintaining its required quality or regulatory compliance, as specified in batch records, WMS, and compliance documentation.
Source: Incoterms 2020 (ICC), FIATA, IATA DGR, WCO
How is “Shelf Life” Used in Practice?
Each item’s shelf life must be tracked in the WMS to ensure products do not exceed their expiration before shipment or order fulfillment.
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Who Needs to Know This Term?
- Freight Forwarders
- Supply Chain Managers
- Customs Brokers
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What is Shelf Life?
The maximum time period a product may be stored in inventory while maintaining its required quality or regulatory compliance, as specified in batch records, WMS, and compliance documentation.
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