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SPX Corporation is an American manufacturing company, headquartered in Charlotte, North Carolina. [ 2 ] [ 3 ] [ 4 ] The company operates within four markets: heating, ventilation, and air conditioning ( HVAC ), detection and measurement, power transmission and generation, and engineered solutions.
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In December 2012 SPX was purchased by Robert Bosch GmbH and OTC became part of their Bosch Automotive Service Solutions division. [ 5 ] OTC is a global supplier of vehicle electronic diagnostic instruments ; fuel systems service tools; special service tools; general purpose tools; pullers; heavy-duty tools; shop equipment and hydraulic components.
These items include perishable products or consumer goods with a specified expiration date. The product with the deadline for the next intake will be the first to be served or removed from stock. FEFO is majorly used in the pharmaceutical and chemical industries where expired dates are calculated based on a batch-expired date or shelf-life time.
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