Pareto & ABC Analysis - Product Segmentation for Supply Chain

🛒 Automate Product Segmentation for Retail with Pareto & ABC Analysis

💡 For more information:
Web Application Link: https://cloud.viktor.ai/public/produc...
Article: https://towardsdatascience.com/produc...

🚀 This video guides you through the web application I designed to automate Pareto and ABC Analysis for Supply Chain Management.

❓ What is ABC Analysis?

A prioritization technique used to categorize inventory items based on their importance

'A' items are high-value, fast-moving products that contribute the most to revenue,
'B' items are moderately valuable products with medium sales
'C' items are low-value, slow-moving products with the least impact on revenue.

📺 In this tutorial, we cover:

Introduction to Pareto & ABC Analysis App: 00:00
What is ABC Analysis? : 00:28
How to Upload Data? : 01:32
What are the Parameters for an ABC Analysis? : 02:09
Visualize the ABC & Pareto Charts: 02:58
Export a PDF Report of your ABC & Pareto Analysis: 04:56


#SupplyChainManagement, #Pareto, #ABCAnalysis, #Python, #DataScience, #WebApplication, #VIKTORPlatform, #SupplyChainAnalytics

Music: bensound.com
License code: PIFY7XVWEZGGBYPC