Method of Inventory Analysis:
<!--[if !supportLists]-->1. <!--[endif]-->ABC Analysis: From highest revenue and profit margin to the lowest using three buckets: A, B, and C.
<!--[if !supportLists]-->2. <!--[endif]-->VED Analysis:
<!--[if !supportLists]-->· <!--[endif]-->Vital: Stock at sufficient levels.
<!--[if !supportLists]-->· <!--[endif]-->Essential: Have at least a small number of these items in inventory.
<!--[if !supportLists]-->· <!--[endif]--> Desirable: It’s not critical to always have these items on hand.
<!--[if !supportLists]-->3. <!--[endif]-->HML Analysis: High, Medium and Low cost.
<!--[if !supportLists]-->4. <!--[endif]-->SDE Analysis:
<!--[if !supportLists]-->· <!--[endif]-->Scarce
<!--[if !supportLists]-->· <!--[endif]-->Difficult: Not scarce but it may take several weeks to arrive.
<!--[if !supportLists]-->· <!--[endif]-->Easily available
<!--[if !supportLists]-->5. <!--[endif]-->Material requirements planning (MRP)
<!--[if !supportLists]-->6. <!--[endif]-->Economic Order Quantity (EOQ)
<!--[if !supportLists]-->7. <!--[endif]-->Fast, Slow and Non-moving