Discuss the FSN, SOS and XYZ analysis of inventory control technique.

Question

15 Apr 2024

Answer :

Word Count : 311

FSN, SOS, and XYZ analysis are essential techniques in inventory control, aiding businesses in managing their inventory efficiently. Let's delve into each:

1. FSN Analysis:
FSN stands for Fast-moving, Slow-moving, and Non-moving items. This analysis categorizes inventory items based on their demand velocity. Fast-moving items are those that are frequently sold or used, while slow-moving items have a moderate demand rate, and non-moving items have little to no demand.
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Table 2
Month	Month Demand (no. of units)
January	70
February	75
March	72
April	80
May	85
May	90