ABC Analysis

Welcome to our ABC Analysis category, dedicated to exploring the ins and outs of this powerful technique in supply chain management. Whether you're new to the concept or seeking advanced knowledge, our collection of questions and answers is here to assist you. ABC Analysis, also known as Pareto Analysis, is a widely-used method for categorizing and prioritizing items or elements based on their relative importance. By understanding the principles and applications of ABC Analysis, individuals and businesses can effectively manage inventory, optimize resource allocation, and streamline operational processes. Dive into this category to gain insights, unravel complexities, and broaden your expertise in ABC Analysis.