PARETO ANALYSIS title: pareto analysis (SRM-BW) (SAP Library - Glossary)
PARETO ANALYSIS category: SRM Analytics (SRM-BW)
PARETO ANALYSIS explained:
A method of classifying items, events, or activities according to their relative importance. It is frequently used in inventory management to classify stock items into groups based on the total annual expenditure for, or total stockholding cost of, each item.
Organizations can concentrate more detailed attention on the high value/important item.
The alternative term ABC analysis stems from the fact that the first 20% of important items are known as Category A items, the next, typically 40% are Category B items and the relatively unimportant, though larger in number 40% are Category C items.
More terms such as pareto analysis in Dictionary P.
- Manual Preliminary Costing (CO-PC):
- Help A process that determines the planned costs for objects such as orders pareto analysis definition.
- Manual Price Comparison List:
- Help listing of bidders' prices for all items that are the subject of a bid invitation, in matrix form. The price comparison list can be generated for bidders' service specifications and for pareto analysis explain.
- Manual Plan Characteristic:
- Help taken from the database table defined in the planning step and for which plan data is to be generated. A plan characteristic is the level at which planning takes place (for example, purchasing pareto analysis what is.
- Manual Product Manager ID:
- Help Identification number for objects from msg.PM Product Manager. Example: Product modules, tables, adjustment levels pareto analysis meaning.
- Manual Preferred Plant:
- Help location to provide materials to fulfill a delivery. If the material quantity is unavailable at the preferred plant and storage location, alternative plants and storage locations are checked for pareto analysis abbreviation.
