Archive for February, 2010

Introducing ABC Project files

Tuesday, February 16th, 2010, by
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With the latest version of our software it has become even easier to save, reuse and access previously defined settings and analyses: ABC Project files enables you to pick up where you left off, and share analyses with your colleagues.

ABC project file is a new feature in ABC Analyzer, which basically allows you to save all your settings. You’ll never have to worry about the import guide again or waste your time reconstructing previously used analyses:  With project files, your settings are exactly as you left them. (more…)

Guidelines for product management

Monday, February 15th, 2010, by
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Once you have categorized your products and defined your most (and least) profitable items it is time to apply differentiated mangement policies. But how? Step one is to acknowlegde that each ABC category must be handled differently.

Once you have classified all your products using “frequency” (how often an item is picked from your stock) and “cost of sales”, you gain an overview of how your items contribute differently by impact on service levels and econimically. – Still haven’t classified your products? Read this post

As a rule of thumb, focus your energy on the four corner categories: AA, AC & CA as these products are the most important when it comes to service level and economic impact. Keep an eye on CC items as they are slow moving and items that often have excessive inventory levels.

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