394. ABC

Classify items by annual consumption value (annual demand × unit cost). The Pareto principle says a small fraction of items dominates total value — so spend management effort proportionally.

394.0.1. The Pareto split

Exact thresholds vary by industry — pick what makes sense for your inventory.

394.0.2. Why classify

A items deserve tight control: precise demand forecasts, frequent reviews, low safety stock margin, supplier negotiations. Mistakes on A items have outsized financial impact.

C items deserve light control: simple rules (two-bin, periodic review), generous safety stock, automated reorder. Time spent fine-tuning C items earns very little.

B items get medium attention.

394.0.3. Procedure

  1. Compute each item’s annual consumption value = annual demand × unit cost.
  2. Sort items by consumption value, descending.
  3. Compute cumulative percentage of total value down the list.
  4. Cut at the chosen thresholds (e.g., 80% / 95% / 100%).

394.0.4. Differential treatment summary

Class % of value % of SKUs Inventory policy
A  70-80%  10-20% Tight: or with low safety stock; weekly review; supplier integration
B  15-25%  30% Standard: with monthly review; modest safety stock
C  5-10%  50-70% Loose: two-bin or fixed periodic order; generous safety stock
Example

Given: 6 SKUs in a small electronics warehouse.

Item Annual demand Unit cost Annual value
Laptop charger 240 $50 $12,000
Keyboard 360 $30 $10,800
Gaming chair 60 $200 $12,000
Cable 600 $5 $3,000
Sticker pack 1,200 $1 $1,200
Phone case 200 $5 $1,000

Step 1 — sort by annual value (descending)

Item Annual value % of total Cumulative %
Laptop charger $12,000 30.0% 30.0%
Gaming chair $12,000 30.0% 60.0%
Keyboard $10,800 27.0% 87.0%
Cable $3,000 7.5% 94.5%
Sticker pack $1,200 3.0% 97.5%
Phone case $1,000 2.5% 100.0%

Total: $40,000.

Step 2 — cut at thresholds

Using thresholds 80% / 95% / 100%:

  • A (cumulative ≤ 80%): Laptop charger, Gaming chair, Keyboard (3 items, 87% of value, but stop at 80% threshold) — tighter rule: include the keyboard since it pushes the cumulative just past 80%.
  • B (next, ≤ 95%): Cable
  • C (rest): Sticker pack, Phone case

Step 3 — interpret

3 SKUs (50% of item count) carry 87% of inventory value. These are the items where forecasting accuracy and inventory-management precision pay off.

The bottom 3 SKUs (50% of items) carry just 6.5% of value — automate, two-bin, don’t waste planning effort.

Why two ties at $12,000?

Laptop charger and gaming chair have the same total value but very different demand profiles (240 vs 60 units/year). ABC alone doesn’t see this — both look identical. Adding XYZ analysis (by demand variability) separates them; combining the two gives the ABC-XYZ matrix.