ABC Analysis

 

Introduction

ABC Analysis is designed to complement Stock Control by providing the key to efficient Inventory Planning. The system examines stock usage over a period of time using the well known Pareto Curve principle to enable consistent and objective classification of stocks.

Benefits

• Once the classification has been made, the benefits to your stock and inventory control will be substantial, making the best use of your investment whilst optimising the time and effort to those stock items really worth consideration
• The package can also be used as an efficient budgeting tool to cost inventory by entering your projected estimate of the annual usage
• The system can be integrated with other Axiom MSS application packages in the fields of Materials Requirement Planning (MRP), Stock Control, Production Control, Costing and Estimating and Purchase Order Processing

Features

• Users may select either unit or selling prices as a basis for stock usage valuation
• The information presented is clean and easy to understand, providing an effective basis for product classification
• The package is simple to run and quick to process
• A worthwhile addition to your Axiom-MSS Stock Control package by providing ABC classifications accurately and efficiently

Hardware Requirements

Personal Computer with Pentium 4 processor (or higher) with 512MB of memory

Platform

Windows XP, Vista, Windows 7

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Axiom-MSS   
Tel: 01903 266675, email: axiom.mss@tiscali.co.uk