data input
drag & drop a CSV or Excel file here
Expected columns: item name, annual value (or quantity + unit cost)
| item name | annual value ($) |
|---|
pareto chart
classification thresholds
A = 0–A%, B = A–B%, C = B–100%
classification table
| rank ↕ | item ↕ | annual value ↕ | % of total ↕ | cumulative % ↕ | class ↕ |
|---|
management recommendations
A items — tight control
- Frequent review cycles (weekly or bi-weekly)
- Accurate demand forecasting required
- Safety stock carefully calculated
- Strong supplier relationships, dual sourcing
- Close monitoring of consumption and lead times
- Individual order authorization
B items — moderate control
- Monthly review cycles
- Standard ordering procedures
- Moderate safety stock levels
- Regular supplier performance tracking
- Periodic demand reviews
- Batch ordering where applicable
C items — simple controls
- Infrequent review (quarterly or less)
- Bulk ordering to minimize admin cost
- Higher safety stock acceptable
- Simplified reorder point systems
- Minimize administrative effort
- Consider consignment or vendor-managed inventory
export