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Microlesson · 5-min read

ABC Analysis of Inventory

# ABC Analysis (Selective Inventory Control)

ABC analysis exercises discriminating (selective) control over inventory items based on the investment (value) involved, rather than treating every item alike. Items are classified into three categories by their relative importance — value and frequency of replenishment.

## The Three Categories

Category% of Total Items% of Inventory ValueNature & Control
A~10%~70%Few items but heavy investment (high price and/or heavy requirement). Need tight control.
B~20%~20%Moderately important. Control is looser than A.
C~70%~10%Many items, small investment. Need only loose control.

## Key Principle

A small number of high-value items ('A') deserve the closest monitoring, while the large number of low-value items ('C') warrant only routine attention. This focuses management effort where the money is.

Worked example

### Example 1

Reading an ABC classification

A store handles 1,000 line items worth ₹10,00,000 in total.

  • 'A' items: ~100 items (10%) tying up ~₹7,00,000 (70%) → maintain strict records, frequent review, low safety stock.
  • 'B' items: ~200 items (20%) worth ~₹2,00,000 (20%) → moderate control.
  • 'C' items: ~700 items (70%) worth ~₹1,00,000 (10%) → simple controls, bulk ordering acceptable.

Management concentrates its control effort on the 100 'A' items that represent most of the value.

⚠️ Common exam mistakes

  • Swapping the percentages — 'A' is a SMALL share of items but a LARGE share of value; 'C' is the opposite.
  • Applying the same degree of control to all categories, defeating the purpose of selective control.
  • Confusing ABC analysis (value-based) with other selective techniques like VED or FSN analysis.
Reference:
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