At AGR, we find businesses struggling with supply chain analysis and are always looking for ways to improve their inventory management. Certainly, this is where we can assist utilising our advanced inventory optimisation software but there are ways to better manage your stock which can be simple and affordable, ABC Analysis is just one of these useful tools that we discuss in this webinar.
Simply put, Pareto’s law is focusing on what really matters to get the best outcome. Within the Supply Chain, it is about classifying the few items that will make the most of your business – these are A products. The many items that make a small part of your business are classed as C items with B sitting in-between. Within the AGR software, we automatically calculate the ABC classification to drive a better stocking policy which can be run across multi-dimensional criteria.
During this webinar our talented supply chain team explain exactly what ABC is, the value it can bring to your supply chain and how you can apply this in your business with a simple excel template courtesy of AGR, all completely free!
