Question

ABC, FSN and VED classification of inventory

21 Feb 2025
Answer :
Word Count : 181
CriteriaABC ClassificationFSN ClassificationVED Classification
Full FormAlways Better ControlFast-moving, Slow-moving, Non-movingVital, Essential, Desirable
PurposeFocus on high-value items for better inventory controlHelps in stock rotation and avoiding obsolete stockEnsures availability of critical items in required quantity
Categories- A: High-value, low-quantity items (tight control)
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