ABC Analysis

Defining ABC Classes
You use ABC classes to identify the value groupings to which your items belong. You define these classes using your own terminology.
For example, you might define classes High, Medium, Low, and later assign your items of highest rank to the High class, those of lower rank to the Medium class, and those of lowest rank to the Low class. You can add to the list of classes you have already defined.

Attention: You must assign an ABC class to at least one ABC group.

  • You can use ABC classes to group items for a cycle count where you count “A” items more frequently than “B” items. When you use ABC classes in this way, you perform an ABC analysis and assign items to classes based on the results of that analysis.
  • You can also use ABC classes to group items for planning purposes. For example, the Planning Detail Report allows you to choose an ABC class to report on.

To define an ABC class:

1. Navigate to the ABC Classes window
2. Enter a unique name for the class.
3. Save your work.

To delete an ABC class:
You can delete a class if it is not in use in a cycle count or ABC assignment group.

To make an ABC class inactive:
1. Enter a date on which the class becomes inactive.
2. As of this date, you can no longer assign the ABC class to an ABC group.

Oracle Applications Fusion Cloud - Inventory

Oracle Cloud/Fusion Manufacturing Cloud training will help you develop the fundamental skills required to set up and use the Manufacturing module. This training covers all the tasks, setups, forms and reports used in Manufacturing and related modules