ABC XYZ Analysis for Inventory Management: Example in Excel (Full Tutorial)

Download the ABC XYZ Analysis in Excel: https://abcsupplychain.com/download-abc-xyz-analysis/ If you want to level up your supply chain skills, you can apply to join my Expert & Leader Program here 👉🏻 https://abcsupplychain.com/ Join my free Inventory Management Masterclass: https://abcsupplychain.com/free-course-inventory-management/ The ABC Analysis is a good start, but it's not good enough to classify your products and optimize your inventory. Here are the 2 classic mistakes I have made for many years ⛔️ : 1) High Safety stock on A codes, to protect our top sellers 2) Low Safety Stock on A codes because sales volume is high, so they seem more predictable We have the opposite mistakes for C codes: 1) High safety stock because these items are unpredictable 2) Low safety stock because we don't want to cover low selling items Whatever the approach, the result is the same: Too much inventory and shortages at the same time 😭 That is why I want to introduce you to the ABC XYZ Analysis. In this new step-by-step tutorial video, I tell you: -Why the ABC analysis is not enough -How to define the demand uncertainty XYZ -My step-by-step tutorial in Excel with examples -How to combine ABC XYZ Analysis with Safety Stock -What the limitations of ABC XYZ Analysis are -The action plan to start optimizing your inventory TODAY 🚀 In the comments, let me know what you think of the ABC XYZ analysis. Is this method good enough? ;-) I am always grateful to receive your comments and feedback to improve my pedagogy 😁 Edouard ▬▬▬▬▬▬▬▬▬▬▬ CHAPTERS ▬▬▬▬▬▬▬▬▬▬▬▬ ABC XYZ analysis in Excel: 00:00 Intro: ABC Classification is not enough 00:38 ABC Analysis: quick reminder 01:24 2 common mistakes 02:29 Demand Uncertainty 03:04 ABC XYZ Analysis Matrix 04:56 ABC XYZ Analysis: example in Excel 08:20 ABC XYZ Classification limits 9:05 Conclusion: Is ABC XYZ analysis good enough? 10:05 A great Supply Chain education tool 11:12 A great Crisis Management tool 12:13 Your Action Plan 13:18 Free Inventory Management Workshop Free Supply Chain Management Masterclasses: https://abcsupplychain.com/free-supply-chain-management-masterclass/ #supplychain #inventorymanagement #abcxyz