Stock Coverage (ABC-XYZ) | Tableau Exchange

Stock Coverage (ABC-XYZ)

by Tableau

Description

The Tableau Accelerator for Stock Coverage (ABC-XYZ) gives you a jumpstart to data-driven insights for managing your inventory.

Inventory managers can use this Accelerator to identify products at risk (rupture and overstock), define the right stock/security stock coverage, and optimize production volumes to optimize inventory.

The ABC-XYZ analysis algorithm classifies your products and then recommends how to handle:

  • Degree of automation replenishment processes
  • Buffer Stock
  • Inventory Control

Products are classified by:

  • Volume → ABC (high, medium, low consumption)
  • Volume Predictability / Reliability → XYZ (Linear demand, Unpredictable demand, Variable demand)

Each combination (AX, BX, CY..) implies a suggested way to manage inventory: identify products at risk (rupture and overstock), define the right stock / security stock coverage, optimize production volumes

Answer key business questions

  • How are my products classified according to ABC/XYZ approach?
  • What are the best inventory actions for my products?
  • Which buffer stock to hedge against customer-induced variations?
  • How many products do I have with a reliable forecast?
  • Which products do I have with a high consumption value?

Monitor and improve KPIs

  • Total Volume
  • Nb of Products

Required attributes

  • Date (date)
  • Product (string)
  • Volume (numeric)

Tech Specifications

Supported Layouts

Security and Legal

Accelerator