Southern markets inc. is considering the use of abc, Ask an Expert

Management Studies

Q. Southern Markets, Inc., is considering the use of ABC analysis to focus on the most critical SKUs in its inventory. Presently, there are approximately 20,000 different SKUs with a total dollar usage of $10,000,000 per year.

The subsequent table gives a random sample of the unit values also annual demands of eight SKUs. Categorize these SKUs as A, B also C items.

SKU Code Unit Value Demand (units)
A104 $2.10 2,500
D205 $2.50 30
X104 $0.85 350
U404 $0.25 250
L205 $4.75 20
S104 $0.02 4,000
X205 $0.35 1,020
L104 $4.25 50

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