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ABC Analysis in Inventory Management

in Ask A Guru 6 comments

Hi guys,


I wanted to ask if there is an out of the box solution for: ABC Analysis in Inventory Management


Background on what is: ABC classification is a ranking system for identifying and grouping items in terms of how useful they are for achieving business goals. The system requires grouping things into three categories: A - extremely important. B - moderately important. C - relatively unimportant.


When searching Google I came upon this article: https://www.netsuite.com/portal/resource/articles/inventory-management/abc-inventory-analysis.shtml


I have attached an example of the report we are seeking/would like to build in NS, either via: reporting/saved search/Analytics

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