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Presentation

This dashboard page shows an ABC-XYZ analysis of your items consumption.

All the items are classified across two criterions:

  • Volume (ABC)
  • Volume Predictability (XYZ)

 

Volume (ABC)

The items classified "A" are the ones for which the Volumes are the highest. "B" are for items with medium volumes, and obviously "C" are for items with low volumes.

 

Volume Predictability / Reliability

Items classified as "X" are for items where the level of consumption is quite linear and stable across time, meaning that it is easy to accurately forecast the consumption, then the required level of stock.

Items classified as "Z" are the one where the consumption is highly unpredictable and for which the forecast cannot be precise.

Items classified as "Y" are between "X" and "Z".

 

ABC-XYZ Class

For each item, a class is given: AX, BX, CX, AY, AY, BY, CY, AZ, BZ, CZ. 

First, this classification allows a better understanding of the demand:

 

Secondly, once the typology of demand is clear, it is now feasible to suggest some insights on:

  • Buffer Stocks
  • Degree of automation of replenishment processes
  • Inventory Control

 

Data Visualization

From the left to the right, you can visualize respectively:

  • The ABC-XYZ Class
  • The Class Characteristics
    • Consumption Value
    • Demand
    • Forecast Reliability
  • Total Volume
  • Nb of Products
  • Insights
    • Degree of automation of replenishment processes
    • Buffer Stocks
    • Inventory Control
  • List of products belonging to this Class, sorted by Total Volume descending

 

Resources

Great article on ABC-XYZ Classification here.

 

 

Filter your data

This data visualization comes with four top filters:

In your Stock Coverage (ABC-XYZ) dashboard, you will be able to filter on:

  • ProductInventory Item

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