ABC Analysis

ABC analysis ,[object Object],ABC ANALYSIS STOCK LEVELS EOQ(Economic Order Quantity) Perpetual Inventory System

What is Inventory? ,[object Object]

What is ABC Analysis? ,[object Object],[object Object],[object Object],[object Object]

ABC ANALYSIS OF INVENTORY Class “A” Class “B” Class “C”

Ex - In shoes leather forms A grade materials , sole forms B grade materials and shoe lace forms C grade materials this is ABC analysis in inventory management

ABC Analysis in Medical Stores Inventory Control ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

ITEM ITEMS(%) MONEY VALUE(%) A 10 70 B 20 20 C 70 10

“ A “ Class items (High Consumption Value) “ B” Class items (Moderate Consumption Value) “ C” Class items (Low Consumption Value) 1.Very strict control. 1.Moderate control ,[object Object],2. No safety stocks or very low safety stocks. 2.Low safety stocks 2.High safety stocks. 3.Maximium follow-up & expediting. 3.Periodic follow-up. 3.Follow –up & expediting in exceptional cases. 4.Rigorous value analysis. 4.Moderate value analysis. 4.Minimum Value Analysis. 5.Must be handled by senior officers. 5. Can be handled by middle management. 5. Can be fully delegated.

CONCLUSION ,[object Object],[object Object]

ABC Analysis

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ABC Analysis