ABC (Always Better Control) Analysis –
- Class A – constitutes 10% of total items and accounts for 75% of total money spend on inventories.
- Class B – constitute 15% of total items and accounts for 15% of total money spend on inventories.
- Class C – constitute 75% of total items and accounts for 10% of total money spend on inventories
Rule is called a PARETO’s law –
States that a few high usage value items constitute a major pat of the capital invested in inventories where as bulk of inventories having low usage value constitute insignificant part of capital.
Latest posts by BMS Team (see all)
- Meterdown Annual Festival is back with its 7th edition – Starts today! - January 16, 2020
- Tybms sem 6 results 2019 declared on 19th June 2019 - June 19, 2019
- TYBMS Sem 6 Results 2019 Update from BMS khabri! - June 15, 2019
61 Comments