Authors :- Varun Dubey, Pawan Hote, Shikar Gupta, Dinesh Singh, Dr. S.B. Jaju

Volume/Issue:  Volume 2 Issue 11

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ABC Analysis is an inventory categorization technique used to classify and prioritize inventory items in an effort to better allocate business resources. This technique is based on Pareto Principle for determining which items should get priority in the management of a company’s inventory. It is a method which consists in dividing items into three categories (A, B, C).