What is the analysis of the ABC XYZ

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To understand why we need an analysis ABC XYZ first need to know: what is it?For a start it is worth noting that these two analyzes are used in a variety of business structures, such as restaurants, shopping centers, alcohol companies and others.

These two processing assistant to help identify the problem areas of the enterprise, plan of action, the time to raise the value of the goods, whichdemand and protect against future errors firm.So, what is the analysis of ABC XYZ?

ABC analysis - the process of classification of goods and resources on a group in terms of their importance.This analysis uses the famous Pareto principle.The basis of this principle is the axiom: 20% of the total product gives 80% of turnover.In particular, the ABC analysis of this rule can be applied as follows: quality control 20% of the resources of the enterprise, brings 80% control of the entire system, in general, it may be products, equipment, raw materials and others. For what is needed and how to apply this method of analysis?

Suppose a restaurant or a fast food restaurant is most commonly used ABC analysis, it is necessary to "put all on the shelves" and define doleuchastie goods in circulation enterprise and calculate the percentage of profit doleuchastiya goods in the restaurant.Displays a special table where you want to insert: number of product sales per month (half a year), the cost of the goods and the selling price.Using the formula necessary to streamline certain products on a scale from min to max.Then, according to this formula to determine doleuchastie goods turnover and the percentage doleuchastiya goods in the profits of the enterprise.After this table, we will give details of each product and the scale of their importance in terms of turnover and profit sharing.The scale is called "The rising up", built from 1 to 100. If the assortment group on this scale hit the range of 1 to 50, it is Group A, if the interval of 50-80, the goods in group B, but what in the groupC products are located in the interval from 80 to 100. The goods, which were in group A and B have a large turnover, and bring a good percentage of company profit, but the categories that are in groups C, above them should work to raise the demandand turnover, or remove them from sale.According to statistics, the categories that are in the group more than six months, are eliminated.

analysis XYZ - it's classification of reserves.It predicts consumption, nature of the changes and needs of the stocks.It built a certain algorithm analysis, including the calculation of the coefficient of variation, grouping from min to max, the grouping XYZ, the image result on the chart.

Most often this method is used in large enterprises where there is a warehouse and logistics center, which holds XYZ analysis range, explores, evaluates and logistics customers.

What is included in the group X , Y , Z ?

The group X includes basic positions stock with a coefficient of variation of statistical sequences shipments - 25%.It is the resources that are consistent with a stable value of consumption, require a precise forecast of consumption.

of Y are the same commodity item with the coefficient of variation and have a statistical number of shipments 25-50%.In this group, the resources necessary to determine the need for them, it may be seasonal products (beer, water).

group Z carries a statistical number of stocks with more than 50%.This group is characterized by irregular consumption of resources and inaccurate forecasting.If you combine the analysis of ABC XYZ it will show a more accurate table consumption rate and the rate of shipment.

Analysis ABC XYZ work best in tandem, for a more accurate assessment of business performance.This is the most powerful weapon inside the company, placing it at the heart of the priorities of business management can identify key issues important to save the company's resources and capture the lion's share of the market.