ABC – XYZ Analysis Training | The Right Focus in Stock and Inventory Management
Do you know how much you should invest in each item of your inventory? GRUPAS GELİŞİM's ABC – XYZ Analysis program examines inventory in terms of monetary value and demand characteristics, giving your company the ability to determine "exactly how much stock to hold." ABC analysis, the version of the Pareto approach adapted to inventory, separates materials into A, B and C groups and enables you to focus on the right items with the principle that "the critical are few, the trivial are many." The XYZ dimension classifies products according to fluctuation (consistency) in demand; thus 9 types of product groups emerge, from AX to CZ, and the right supply strategy (JIT, pull, push, consignment, supply on consumption, manual tracking) can be determined for each group.
Benefits for Your Company
- Optimization of inventory levels: With the annual demand quantity × unit cost calculation, the real value in stock becomes visible; unnecessary stock investment decreases.
- The right focus, the right use of resources: Management priority is given to A group materials, which make up 20% of total stock but carry 80% of the value.
- Foresight and planning power: When demand fluctuation (X, Y, Z) is known, forecasting and ordering decisions become accurate.
- A supply model suited to the product group: Supply processes are simplified by selecting the JIT, consignment, pull or push approach for each cell.
- Cash flow and cost advantage: Tied-up capital decreases, and the risks of stockouts and dead stock are balanced.
- Measurable decision infrastructure: Instead of intuitive management, a data-driven, repeatable analysis method is established.
Who Is It For?
Purchasing, supply chain, planning, warehouse and stock management teams in manufacturing, retail, distribution and logistics companies; process improvement and operations managers.
GRUPAS GELİŞİM — People | Process | Technology. We are ready for enthusiastic collaborations…
