What Is Abc Analysis And Why It Is Being Used?

1.	What Is Abc Analysis And Why It Is Being Used?
Answer» BC ANALYSIS is an Inventory CATEGORIZATION method to categorize items into 3 different classes A being the most VALUABLE and C being the least valuable ones. Using this Analysis, it will be easy to monitor and keep on track of the valuable items like frequently doing cycle COUNTS on A class items, etc.

Answer»

BC ANALYSIS is an Inventory CATEGORIZATION method to categorize items into 3 different classes A being the most VALUABLE and C being the least valuable ones.
Using this Analysis, it will be easy to monitor and keep on track of the valuable items like frequently doing cycle COUNTS on A class items, etc.

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