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ABC Analysis: A form of Pareto analysis applied to a group of products to enable selective inventory management controls. The inventory value for each item is obtained by multiplying the annual demand by unit cost and the entire inventory is then ranked in descending order of cost. Demand Satisfaction Rate. See Fill Rate.
Select high if your products are unitloads e.g. cartons, pallets, containers. To assist your analysis, examples of industries are plotted on the matrix. Compliance risks involve adhering to industry regulations, data protection laws, and contractual obligations. Data speaks volumes in terms of performance.
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