Pareto Principle
The Pareto Principle - 80/20 Rule of SKUs
Warehousing is comprised of two activites - Handling and Storage.
- 20% of inventory constitutes fast movers = majority of handling costs
- 80% of inventory is stored the longest = majority of storage costs
20% of SKUs = 80% of Volume
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80% of SKUs = 20% of Volume
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PARETO Calculator Section
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