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hello my friend this is eduard in todays video im going to talk about abc analysis why its important how to use it especially in supply chain operations and logistics and because the best way to learn is to practice im going to show you a step-by-step tutorial to do your first abc analysis in excel with 500 products in less than 10 minutes [Music] all right so before using excel i wanted to come back to what is exactly abc analysis so obviously analysis is coming from the 2080 rule this is a really famous rule coming from wilfredo pareto and basically this will tell you that 80 of your results come from 20 of your courses and you can apply this rule for basically almost everything in your life so the first observation was with wilfredo pareto in italy and he observed that 80 percent of the loan was owned by 20 of the population but you can also apply it to your sales so you will see that 80 of your cells are coming from 20 of your customers eighty percent of your purchase are comin
