Using Inventory Classification to Reduce Stock and Improve Service Levels

The Inventory Planner's Guide to ABC/XYZ Analysis

Do you wonder whether you're stocking the right products in your warehouse?
Do you know how to prioritize your time to focus on the most important SKUs?
Are you constantly trying to reduce inventory levels without affecting inventory availability?

In this white paper we'll introduce ABC and XYZ analysis and provide a simple framework for segmenting your inventory items based on their value and importance to your business.

You'll also learn how inventory classification models can help you prioritize your time and set more effective inventory policies that focus on the availability of your most important products.

Discover:

• The basics of ABC analysis and XYZ analysis
• How ABC inventory classification can improve the effectiveness of inventory policies
• The benefits of advanced inventory classification software
• How to ensure you’re stocking the right products to meet customer demand and hit service level targets

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