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How to Do ABC Analysis in Inventory Management

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How to Do ABC Analysis in Inventory Management

19,575 views October 25, 2017 5:08

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Description from the creator

This vlog explains How to do ABC Analysis in Inventory Management. I have used Value, Volume and Frequency as three variables/factors to come up with this logic.

Disciplined management of ABC inventory analysis is critical to ensure optimum customer service & inventory levels.

This vlog is presented by Dr. Muddassir Ahmed

This vlog introduces Free tool to conduct ABC analysis in minutes rather than weeks! Access the tools from this link scmdojo.com/abc-analysis-tool/

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬...?
👍 Like the video (it helps a ton!)
💬 Comment if you made it till the end!
🔗 Share the video with anyone you think it might help :)

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𝐅𝐨𝐥𝐥𝐨𝐰 Dr. Muddassir Ahmed :
📸 IG: @muddassirism // instagram.com/muddassirism/
🐦 Twitter: @muddassirism // twitter.com/muddassirism
Linkedin: linkedin.com/in/dr-muddassir-ahmed/

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🌎 Exclusive SCMDOJO Course for Supply Chain Professionals
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******
🔧 🛠 Exclusive SCMDOJO Tools for Supply Chain Professionals
scmdojo.com/tools/materials-management-competen…

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📚 𝐓𝐡𝐞 𝐌𝐨𝐬𝐭 𝐈𝐧𝐟𝐥𝐮𝐞𝐧𝐭𝐢𝐚𝐥 𝐁𝐨𝐨𝐤𝐬 𝐈 𝐇𝐚𝐯𝐞 𝐑𝐞𝐚𝐝:
amzn.to/2XfkYjt


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About this tutorial

SCMDOJO published this 5:08 video tutorial on October 25, 2017. It has been watched 19,575 times on YouTube.

Channel
SCMDOJO
Duration
5:08
Published
October 25, 2017
Views
19,575
Likes
265

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Further reading

  • How to Use ABC Analysis for Inventory Management (plus XYZ Analysis) eazystock.com

    If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification). In this post, we’re going to discuss…

  • ABC Analysis: A Critical Inventory Management Tool purchasing-procurement-center.com

    ABC Analysis allows inventory/purchasing managers to segregate and manage the overall inventory/suppliers into three major groups. This allows different inventory/supplier management techniques to be applied to differen…

  • How to calculate an ABC analysis in inventory management slimstock.com

    Back to the basics, an ABC analysis is a method for inventory holding companies to classify their inventory into different categories. The three categories are A, B and C and give an indication of the importance of an i…

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