Inventory - Fast moving items, Slow moving and High value items

Finance and Operations/AX User Forum
1

Hi,

I need to know how can i make the ideal setup for this scenario

  1. item which are very fast moving and we need to maintain enough stock for them

  2. Item which are very slow moving, we want to keep only such quantity which will be sufficient for us considering the lead time

  3. Few items which are very expensive, we want to keep an optimum quantity so that we meet demand and don’t lock our capital

Another thing is about the Classification of items.

In my case each item is classified as

Group, Sub group and Category

Item001 GroupA SubgroupA CategoryA

Item002 GroupB SubgroupB CategoryB

Item003 GroupC SubgroupC CategoryC

and so on.

Groups are OK, but where can i specify the additional 2 classification

Thanks and regards

TP

2

Counting groups and ABC classifications. ABC also has the ability to be updated periodically based upon history to reflect usage/value etc.