What is ABC analysis in inventory management?
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In accounting, ABC stands for activity-based costing. In inventory or stock management, it's a method of stock control. It's basic assumption is that not all stock is equally valuable, therefore doesn't need the same kind of attention.\n\nSo you categorise all your stock according to its cost and quantity - and create a graph with cost shown on Y axis and quantity shown on X. From left to right, you place your stock from highest value to lowest. Typically, you see that a small portion of stock is the most valuable, and therefore needs maximum attention and resources - that's called 'A'. The next most valuable section of stock is B, the next is C and so on.\n\nBasically it shows you which stocks need more attention and which need less. It helps in utilising resources for stock management more effectively.
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Here you are:\n\nSWOT analysis of WAL-MART\nhttp://www.marketingteacher.com/SWOT/walmart_swot.htm\n\nPorter’s 5 forces analysis of WAL-MART\nhttp://classes.bus.oregonstate.edu/ba469/Dibrell/Miscellaneous/Industry%20analysis%20example.doc\n\nFinancial analysis of WAL-MART\nhttp://finance.yahoo.com/q/is?s=WMT&annual\nhttp://finance.yahoo.com/q/pr?s=WMT\nhttp://finance.yahoo.com/q/bs?s=WMT&annual\n\n\nPEST, SWOT and Porter's 5 forces analyisis of WAL-MART (price: 129 $)\nhttps://secure.the-paper-store.com/order/orderf.php?site=calvin2&tdw=400&payments=papers@paperstore.net&PaperID=215180662\n\nAn Analysis of Wal-Mart \nThis 13 page paper analysis the world largest retailer; Wal-Mart. To understand its’ position several tools are used. The company is analysed using a SWOT analysis to look at the strengths, weaknesses, opportunities and threats, a PEST analysis which considers the political, economic, social and technological influence, and Porters Five Forces model, with looks at the company in terms of the threats from existing competitors and new entrant, the power of the suppliers and the buyers and the power of substitutes. The bibliography cites 13 sources. \nFilename: TEWManal.rtf
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Gap analysis technique is a set of techniques used to examine and describe the gap between current performance and desired future goals. The gaps can include:\n\n- the difference between the current operation of an activity and the activity vision, sometimes referred to as "C delta V" (current gap vision);\n\n- the difference between actual and theoretical targets, sometimes referred to as "A delta T" (actual gap target); or\n\n- the difference between actual performance measures and world class benchmarks (see Benchmarking).\n\n\nIn addition to an overall enterprise vision, visions can be expressed for individual and core sets of activities, such as logistics, procurement, product development, or customer engagement. The "C delta V" technique is useful to summarize the results of a gap analysis. The vision statements for a set of activities should conform generally to the criteria for the enterprise vision as a whole (see Content Analysis), but, more importantly, should be as specific as possible with respect to targets and measures.\n\nThe "A delta T" technique is useful to summarize the results of either a benchmarking study or the results of activity simulations where actuals can be compared to various targets. For example, during a cycle time analysis of an activity, it may be theoretically possible to fulfill a customer order in four hours, using a variety of methods. Tests of the new methods may only show a fulfillment time of five hours. One or both of these measures can be compared against the current cycle time of one business day. (See Cycle Time Analysis and Simulation.)\n\nPurpose\n\nThe purpose of gap analysis technique is to compare the current actual performance of an activity to either its theoretical target or its vision.\n\nBenefits\n\nThe benefit of gap analysis technique is that it provides an objective basis for comparison of actual performance of an activity to either its theoretical target or its vision.
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What analysis tool do you intend to use?  You talk about use-cases so it might be UML.\n\nIf so, I can suggest 2 possibilities that are different from stabndard business models:  A charitable organisation; programming a game like Monopoly.
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Inventory is a list of goods and material held by a company for sale or to be made into a saleable product. An inventory management system manages control of inventory so that the company has enough material to meet demands. It also aims to minimise the amount of materials that the company is storing as storage space costs money. Just in time inventory is an example of an inventory management system that increases the firms efficiency and profitability. Walmart is known for its sophisticated system of inventory management.
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If I have an unwanted situation which consumes resources and tends to happen in a repeated fashion then there is a possibility that it might be beneficial to figure out what is really causing this situation to occur and remove it so the situation does not occur again. This is generally referred to as Root Cause Analysis, finding the real cause of the problem and dealing with it rather than simply continuing to deal with the symptoms.\n\nThis raises several questions:\n\nHow does one determine which situations are candidates for root cause analysis? \nHow does one figure out what the root cause is? \nDoes the removal of the cause entail less resource expenditure than it takes to continue to deal with the symptom? \nDetermining Candidates\nIn normal chaotic organizational environments it is often quite difficult to find candidates for root cause analysis because the situations which repeat are either distributed over time so one doesn't realize they are actually recurring, or the situation happens to different people so there isn't an awareness of the recurring nature of the situation. When an organization is using a an automated problem resolution support system, such as SolutionBuilder, it is very easy to determine which situations are recurring with what frequency. Every time a solution is used its frequency counter gets updated, so all one has to do is run reports against the system to determine which solutions are being used with what frequency. Those situations which are recurring with the greatest frequency and consume the greatest amount of resource to rectify are the candidates for root cause analysis.
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i can design it for u plz send me the detail  that what type of inventory system u want (e.g. Normal, Medium, Large) and in which language. Where u have to submit it at DLP or Regular College.\nhoping 4 ur reply.
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Ratio analysis is not the best methodology for determining financial status.  The best approach is creating a cash flow model that will forecast the future cash flows of the organization.  Then discount the cash flows back to account for time and add the current cash in the organization.  This will give you the total net worth of the organization.  Divide this number by the total shares outstanding and this will give you an estimation of what the stock should be selling.  Compare this estimation to what the actual stock price is selling and you would get a good idea of a stock price is over priced or not.\n\nOr simply look at Moody's or S&P's credit rating for the company.  I believe both of the services have GM listed as junk.
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You probably mean transactional analysis, developed by Eric Berne.  See http://www.itaa-net.org/ta/index.htm
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We have an inventory system that tracks all of the items that go into/out of a particular department.\nThe computer program that our inventory system utilizes has a procedure that essentially takes a "snap shot" of what the warehouse has at that moment.\nWe take that "snap shot" form, and compare what it says with actually walking down each aisle and making sure the counts match.  If there is any discrepancy, we note it on the form...and then take those notes to the computer to update the computer program.\n\nThis is usually done 1-2 times per year, as each week and month we do a cycle count to keep a closer eye on supplies needed for production.\n\nEach company, as you'll soon find out, has it's own set of standards...but there is some basic fundamentals.\n\nFor more information, you can check out various inventory/logistics magazine articles on the subject.  You can also check APICS.
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I've heard MRP also used for Material & Resource Planning (in operations).  \n\nThe thing is this:  to make a good you need components and labor.  Both are expensive and subject to supply and storage constraints.  A firm that pays attention to MRP will waste less resources than firms that make things without planning accordingly.  \n\nIn short - demand is scheduled based on sales projections.  From that a production schedule is made, and the labor and materials are then forecast from the schedule.  The labor is scheduled according to production, and the materials are ordered in the quantities needed to arrive when they will be used.
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Sales estimates, inventory levels, raw material prices, interest rates, labor availability & costs.\n\nLots of stuff to consider.
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a method for decision making
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product analysis enables you to understand the importance of materials, processing, economic and aesthetic decisions which are required before any product can be manufactured.
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UPCs are used to keep track of inventory.
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pick a company - lets say a shoe store. use a paragraph telling what goes on in a shoe store - keeping an inventory -making sails - keeping books - paying staff etc. Then show how each of these activities could be improved by the use of a computer - speed - accuracy - ability to handle large amounts of data. Then finish it by talking about how a relational data base like Access would handle all of it.
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Ishiwara analysis is the analysis of the root causes of problems like late deliveries, defects in products etc. \n\nPareto analysis is a set of tools for making decisions. It is basically the idea that 20 % of the causes are responsible for 80% of the effect. It can also be used to try to ferret out the causes of failures.