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Home - inventory management
This web site is designed to help navigate
you through the mountain loads of information about inventory
management.
The general procedure for categorization
of items into `A', `B' and `C' groups is briefly outlined below:
• All the items of inventory are to be
ranked in the descending order of their annual usage value.
• The cumulative totals of annual usage values of these items along with
their percentages to the total annual usage value are to be noted
alongside.
• The cumulative percentage of items to the total number of items is
also to be recorded in another column.
• An approximate categorization of items into A, B, and C groups can be
made by comparing the cumulative percentage of items with the cumulative
percentage of the corresponding usage values.
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