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ABC Analysis of Company Inventory

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0% found this document useful (0 votes)
3 views4 pages

ABC Analysis of Company Inventory

Imp

Uploaded by

halflassi6
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Carry out ABC analysis for the following data extracted from the records of

a Pvt. Ltd. Company. Classify the items into A, B and C categories where A
category items can be assumed upto 75%, B category items upto 20% and C
category items upto 5% of annual usage value..

Unit Cost Annual


Item Codes
(Rs.) Consumption (Rs.)
A101 12 1200
A102 41 2350
A103 23 1120
A104 3 320
A105 22 189
A106 48 2010
A107 103 900
A108 62 6200
A109 39 1300
A110 55 1800
A111 3 23000
A112 18 1100
A113 117 540
A114 81 356
A115 8 1100
Unit Cost Annual Annual usage
Item Codes
(Rs.) Consumption (Rs.) value (Rs.)
A101 12 1200 14400
A102 41 2350 96350
A103 23 1120 25760
A104 3 320 960
A105 22 189 4158
A106 48 2010 96480
A107 103 900 92700
A108 62 6200 384400
A109 39 1300 50700
A110 55 1800 99000
A111 3 23000 69000
A112 18 1100 19800
A113 117 540 63180
A114 81 356 28836
A115 8 1100 8800
Then arranging materials in descending order of annual
usage value as follows.
Cum. %
Annual %
Unit Annual of
Item usage Annual Classf
Cost Consumptio Annual
Codes value usage n
(Rs.) n usage
(Rs.) value
value
A108 62 6200 384400 36.45 36.45 A
A110 55 1800 99000 9.39 45.84 A
A106 48 2010 96480 9.15 54.99 A
A102 41 2350 96350 9.14 64.12 A
A107 103 900 92700 8.79 72.91 A
A111 3 23000 69000 6.54 79.46 B
A113 117 540 63180 5.99 85.45 B
A109 39 1300 50700 4.81 90.26 B
A114 81 356 28836 2.73 92.99 B
A103 23 1120 25760 2.44 95.43 B
A112 18 1100 19800 1.88 97.31 C
A101 12 1200 14400 1.37 98.68 C
A115 8 1100 8800 0.83 99.51 C
A105 22 189 4158 0.39 99.91 C
A104 3 320 960 0.09 100.00 C
Total Cost of Materials 1054524 100.00

A Category Items: A108, A110, A106, A102 & A107


B Category Items: A111, A113, A109, A114 & A103
C Category Items: A112, A101, A115, A105 & A104
Decision:

1) Material numbers A108, A110, A106, A102 & A107 are contributing to
75% of the total material cost of the company, they are classified as “A-
Class of items”, hence these items must be controlled by top
management, as they are costlier & unavailability of such items may
affects organization to a greater extent.
2) Material numbers A111, A113, A109, A114 & A103 are contributing to
20% of the total material cost of the company, they are classified as “B-
Class of items”, hence these items must be controlled by middle
management, as they are medium costlier & unavailability of such items
may affects organization to a good extent.
3) Material numbers A112, A101, A115, A105 & A104 are contributing to
5% of the total material cost of the company, they are classified as “C-
Class of items”, hence these items can be controlled by lower
management, though they are cheaper, unavailability of such items may
affects organization to some extent.

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