Project on ABC Analysis

ruvi_143

Par 100 posts (V.I.P)
Re: ABC Analysis

Thanks buddy.....thanx a milllion.....exams are comin closer and ABC analysis is very important.Thanks.

If uve got anything on standardisation and Mrp1 and mrp2( material requisite planning) plz emme know
 

ashishonwheels

New member
Re: ABC Analysis

ABC Analysis:

Items are classified according to annual usage value
Very few items whose annual consumption value is large contribute significantly to the total inventory holding.
There are very large no of items whose annual consumption value is small and their contribution to total inventory is negligible.

Usually 10% of the items account for 70% of the total annual usage.
The next 20% of the items account for next 20% of annual usage and
Remaining 70% contribute just 10% of the total annual usage.

This should not be mixed with Pareto
analysis where 20% effort does 80% job and balance 80 % does 20%, commomnly known as 80:20 formula.
 

hari.sadu

New member
Re: ABC Analysis

An Excellent project. It was a great job. Thanks for posting it. Helped me in shaping up the ideas.
 

jonnykage

New member
Re: ABC Analysis

hi,

M new to this...
Can ne1 expln about the implication of it...

The actual calculations and company using it..

thx

rgds
 

antii

New member
Re: ABC Analysis

greatttttttttttttttttttttttttttt.......................................................................................................................
 
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