Can we use some sort of ABC inventory classification to improve stock management?
If Yes, how!
By: Guest
Posted on: Oct 31 2024 at 04:52:28 AM
No ABC inventory classification. All inventory is equal.
But. There's shortage reports that show when items are below a threshold. For your less important inventory just set that threshold to a different number. Or nothing so that that items doesn't get flagged.
There's other shortage reports that forecast into the future based on your work orders. So you create a work order with the intention of building something, for example, next month. MiniMRP will then start including those items in shortage reports based on the Minimum quantity and lead time for those items.
Those report are, IMO, better than an ABC system.
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