Utilising ABC analysis & XYZ inventory classification models to reduce stock and improve service levels

The inventory planner's guide to ABC analysis

Do you often question whether you're stocking the right products in your warehouse? Do you wonder how to prioritise your time to focus on the most important SKUs? Are you constantly trying to reduce inventory levels without affecting stock availability?

In this eBook we'll introduce ABC and XYZ analysis and provide a simple framework for segmenting your stock items, based on their value and importance to your business.

You'll also learn how inventory classification models can help you prioritise your time and set more effective inventory policies that focus on the availability of your most important products.

Discover:

• The basics of ABC analysis and ABC analysis examples
• How ABC inventory analysis can improve the effectiveness of inventory policies
• An introduction to XYZ analysis
• The benefits of advanced inventory classification software
• How to ensure you’re stocking the right products to meet demand and hit service level targets

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