ABC XYZ Analysis for Inventory Management: Example in Excel (Full Tutorial)

Описание

Download the ABC XYZ Analysis in Excel: https://abcsupplychain.com/download-abc-xyz-analysis/

Join my next LIVE Inventory Management WORKSHOP (free): https://abcsupplychain.com/inventory-management-workshop/

The ABC Analysis is a good start, but it's not good enough to classify your products and optimize your inventory.
Here are the 2 classic mistakes I have made for many years ⛔️ :

1) High Safety stock on A codes, to protect our top sellers
2) Low Safety Stock on A codes because sales volume is high, so they seem more predictable

We have the opposite mistakes for C codes:
1) High safety stock because these items are unpredictable
2) Low safety stock because we don't want to cover low selling items

Whatever the approach, the result is the same:
Too much inventory and shortages at the same time ?

That is why I want to introduce you to the ABC XYZ Analysis.

In this new step-by-step tutorial video, I tell you:
-Why the ABC analysis is not enough
-How to define the demand uncertainty XYZ
-My step-by-step tutorial in Excel with examples
-How to combine ABC XYZ Analysis with Safety Stock
-What the limitations of ABC XYZ Analysis are
-The action plan to start optimizing your inventory TODAY ?

In the comments, let me know what you think of the ABC XYZ analysis. Is this method good enough? ;-)

I am always grateful to receive your comments and feedback to improve my pedagogy ?

Edouard

▬▬▬▬▬▬▬▬▬▬▬ CHAPTERS ▬▬▬▬▬▬▬▬▬▬▬▬

ABC XYZ analysis in Excel:

00:00 Intro: ABC Classification is not enough
00:38 ABC Analysis: quick reminder
01:24 2 common mistakes
02:29 Demand Uncertainty
03:04 ABC XYZ Analysis Matrix
04:56 ABC XYZ Analysis: example in Excel
08:20 ABC XYZ Classification limits
9:05 Conclusion: Is ABC XYZ analysis good enough?
10:05 A great Supply Chain education tool
11:12 A great Crisis Management tool
12:13 Your Action Plan
13:18 Free Inventory Management Workshop

MY BLOG: https://abcsupplychain.com


#supplychain #inventorymanagement #abcxyz