ABC Inventory Analysis Tool
Annual Consumption Value will be in the selected currency.
Input Data & Parameters:
Inventory Data
- ItemID: Unique identifier.
- AnnualDemand: Numeric (units).
- UnitCost: Numeric (in selected currency).
ABC Classification Thresholds (% of Total ACV)
Set the cumulative % of Annual Consumption Value (ACV) for each class. Class C will be the remainder.
%
%
Must be greater than Class A threshold.
Tool Actions & Information
This tool performs an ABC analysis to classify inventory items based on their annual consumption value.
ABC Analysis Results
Detailed Item Classification:
| Item ID | Annual Demand | Unit Cost ($) | Annual Consumption Value ($) | % of Total ACV | Cumulative % ACV | ABC Class |
|---|
Disclaimer: ABC analysis is a guideline. Consider other factors like item criticality, lead time, and obsolescence risk for comprehensive inventory management.