ABC Analysis for Prioritized Control
ABC Analysis categorizes inventory into three classes: A (high-value, low-quantity), B (moderate-value), and C (low-value, high-quantity). This method ensures tight control over critical items (A) while applying more relaxed monitoring to less impactful stock (C). It helps businesses allocate resources wisely, reduce carrying costs, and focus efforts where they matter most—driving operational excellence with data-backed decisions.