1
ABC Analysis of the Stock Range
The ABC analysis determines for each articles how often it was sold in a defined period. Fast moving articles are all articles that sell very quickly and therefore spend only a very short time in the warehouse. Slow sellers, on the other hand, are all articles that sell rarely and therefore spend a long time in the warehouse.
2
Check the Target Stock
For all relevant articles, it is then necessary to check how high the stock must be in order to be able to cover the demand of a defined period.
3
Check the Actual Stock Quantity
The target stock can then be compared with the actual stock. If the actual stock is significantly higher than the target stock, a reduction in stock should be considered before introducing a new storage technology.