Write a note on F-S-N Analysis


0

F-S-N Analysis: Criterion employed: Rate of consumption of items in terms of rate of their issue from stores.

Advertisement

In F-S-N analysis, items are classified according to their rate of consumption. The items are classified broadly into three groups: F – means Fast moving, S – means Slow moving, N – means Non-moving. The FSN analysis is conducted generally on the following basis:

  • The last date of receipt of the items or the last date of the issue of items, whichever is later, is taken into account.
  • The time period is usually calculated in terms of months or number of days and it pertains to the time elapsed seems the last movement was recorded.

 

FSN analysis helps a company in identification of the following

a)      The items to be considered to be “active” may be reviewed regularly on more frequent basis.

b)      Items whose stocks at hand are higher as compared to their rates of consumption.

c)      Non-moving items whose consumption is “nil” or almost in significant.

Advertisement
The following two tabs change content below.
We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to contact@bms.co.in.

Like it? Share with your friends!

0
BMS Team

We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to contact@bms.co.in.

17 Comments

Ask Us On WhatsApp
Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format