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ABC analysis

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Purpose

The component implements a method that allows classifying resources by their importance based on the Pareto principle. Objects are divided into three groups (A, B, C) according to the boundaries of the groups. The boundaries of the groups are set in variables.

Input Ports

Name Type
Input data set Table
Group boundaries Variables

Structure of the "Input dataset" table

Caption Type Description
Object String Identifier or name of the object being analyzed. For example, a product SKU
Value Float Value of the indicator for the object. For instance, total sales amount

Variables in the "Group Boundaries" Port

Caption Type Value
1 Bound 1 % Float 80
2 Bound 2 % Float 95

Group boundaries are set by the user. By default, the most commonly used boundaries are indicated.

Output Ports

Caption Type
ABC groups and contributions of objects Table

Structure of the "ABC Groups and Contributions of Objects" table

Caption Type Description
Object String Identifier or name of the object
Value Float Value of the indicator for the object
Cumulative Impact Float Accumulative impact of objects
Group String Identifier of the object's group

Algorithms