Trident LOG302 module 1 discussion

Provide an example of ABC classification in a business you are familiar with. What would be the A inventory items versus B and C? What ordering policies would you use for each of these?

Here’s one quick method for determining your ABC ranking based on Annual Sales Volume:

1. Calculate the 12 month dollar usage for all of your products (volume X cost).

2. Rank the items in descending order by the dollar usage.

3. The “A” items are the top 80% of the total annual usage dollars.

4. The “B” items make up the next 15% of total annual usage.

5 The “C” items are the remaining items are the remaining 5% with >0 usage in the past 12 months

6. Label zero-usage items can be labeled as “D”.

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