ABC Analysis

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ABC Analysis

The ABC Analysis report classifies the Products into three categories:

 

Category 'A':  The products that are very important and constitutes maximum proportion of the Total Sales Amount for the selected duration.

 

Category 'B': The products that are important and constitutes reasonable proportion of the Total Sales Amount for the selected duration.

 

Category 'C': The products that are marginally important and constitutes marginal proportion of the Total Sales Amount for the selected duration.

 

The ABC analysis suggests that Sales of all the Products in an organization are not of equal value. Thus, the Product Sale is grouped into three categories (A, B, and C) in order of their estimated importance.

 

The percentage values for all three categories can be customized and total percentage of all three categories makes 100% of the Total Amount for the selected duration.

 

 

Filters

Date Range

 

Parameters

Type (Dimension)

Description

From Date

Select the date range for which the report needs to be generated. These dates map to the Business Date in iVend Retail.

To Date

Include Layaway

Select this checkbox to include Layaway sales in the report.

Include Order

Select this checkbox to include Orders in the report.

Category A

There are no fixed threshold for each category, different proportion can be applied based on the objective and criteria.

Category B

Category C

 

Output Sections

Section Name

Description

Item

Displays the Item Code.

Description

Displays the Item Description.

Sale Price

Displays the Item level sales amount.

Quantity Sold

Displays the Quantity of the Item Sold.

Amount %

(Item Sale within the period/Total Sale within the period) *100

Amount Accumulate %

Displays the accumulated amount percentage.