Apco Infratech Purchase Officer Interview Questions and Answers

ABC Analysis is a method used in inventory management to categorize items based on their importance and prioritize them accordingly.

• ABC Analysis categorizes items into three groups: A, B, and C.

• Group A items are the most important and high-value items that require close monitoring and frequent replenishment.

• Group B items are moderately important and have a moderate value.

• Group C items are the least important and low-va...read more