ABC analysis is an inventory categorization method which consists in dividing items into three categories (A, B, C): A being the most valuable items, C being the least valuable ones.
It has many applications, for example if materials in the warehouse can be classified based on ABC the Cycle counting can be implemented on the most valuable items to ensure their accuracy such that adjustments of valuable inventory are minimized.
It has many applications, for example if materials in the warehouse can be classified based on ABC the Cycle counting can be implemented on the most valuable items to ensure their accuracy such that adjustments of valuable inventory are minimized.
