Manage What Matters: The Pareto Principle, ABC Analysis and How to Manage by Exception
An on-demand webinar by Demand Solutions and sponsored by SupplyChainBrain
(Original Date: September 21, 2016)
The Pareto Principle—or the Law of the Vital Few—is also commonly referred to as “The 80-20 rule.” For many businesses, 80% of their sales can be attributed to 20% of the items they sell, or to 20% of the customers they sell to. These 80/20 rankings can be incorporated into ABC Analysis, leading to a more effective exception-based inventory planning and management process.
The Pareto Principle enables managers to effectively manage by exception, by focusing time and attention on their company's most critical products and business segments.
Join SupplyChainBrain and Demand Solutions for this actionable presentation to get:
Numerous real-world examples of the impact of the 80/20 rule
7 steps required to run & regularly update your ABC rankings
10 innovative tips for how to apply ABC Analysis to manage what matters.
Just fill-out the form to the right, and you’ll be able to watch this on-demand webinar and access the presentation slides at your convenience.