ABC Classifications

ABC Classifications from Inventory Skills

By: Inventory Skills  16-Apr-2013
Keywords: Abc Classifications, Abc Inventory Management,

ABC Classifications is the technique used for managing inventory by categorizing it into 3 categories that can be predicted by its name i.e A, B and C which contain prioritized value of inventory as specified below:

• A category : require strong control and precise records
• B category : a little flexibly controlled and fine records
• C category : most easy control and basic records

Before this following aspects needs to be known specifically for proper application of this particular skill:

1. The ABC inventory management methodology
2. How to assign the ABC classification using your data
3. How to simulate your inventory turns based on different ABC %'s
4. The Limits of ABC analysis and ABC inventory management

For More Information on ABC Classifications visit : https://inventoryskills.com/abc-classifications

Keywords: Abc Classifications, Abc Inventory Management,

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