ABC Classification on the basis of marketability/demand, risk, unit cost
Customer wants to have a specific criteria for ABC Classification. For the high risk/marketable, we'll try to extract that first from the list of onhand. Then the aging/obsolete PNs. Then the remaining, we will classify to A.B and C depending on their accumulated value
ABC classification | Description |
---|---|
A+ | High Risk/High Marketable Items |
A | 80% of Inventory net of A+, E & F |
B | 15% of Inventory net of A+, E & F |
C | 5% of Inventory net of A+, E & F |
D | New items |
E | Aging Invty (720+ days & above) |
F | Bulk Items |
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