A-B-C analysis Technique Of Inventory Management
It is the inventory management techniques that divide inventory into three categories based on the value and volume of the inventories; 10% of the inventory’s item contributes to 70% of value of consumption and this category is known as A category. About 20% of the inventory item contributes about 20% of value of consumption and this category is called category B and 70% of inventory item contributes only 10% of value of consumption and this category is called C category.
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It is the inventory management techniques that divide inventory into three categories based on the value and volume of the inventories; 10% of the inventory’s item contributes to 70% of value of consumption and this category is known as A category. About 20% of the inventory item contributes about 20% of value of consumption and this category is called category B and 70% of inventory item contributes only 10% of value of consumption and this category is called C category.
A-B-C analysis Technique Of Inventory Management
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