Traverse Global v11.2 - Service Repair
ABC Class
ABC Class is a relative value of items in the database, ranking items according to multiple criteria, and grouping items into classes that represent the relative value of the items.
ABC Classes are generally used when physical inventory is done using cycle counting. This means a portion of your inventory is counted on a daily basis. The ABC class can be used to classify your items into value or usage classes to determine how often they should be counted in your cycle. Usually higher value and higher volume items are counted more frequently, so they would be classified with the same ABC class.
You will see the ABC Class as a selection or filtering criteria in these and other places:
- Item Locations Maintenance
- Item Locations Inquiry
- Item Locations List
- Freeze Quantities
- PO - Calculate Reorders
- MFG-MF - MRP Processing (multiple reports)
- RP Processing (multiple reports)
- WM Physical Counts View