FSN Analysis: Optimizing Stock, Reducing Costs, and Maximizing Profits
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FSN analysis, an acronym for Fast-moving, Slow-moving, and Non-moving inventory, is a technique used to classify inventory items based on their consumption rate. This classification system helps businesses make informed decisions about their stock levels, order quantities, and inventory carrying costs. The primary criteria used to categorize items into the three groups are: In inventory […]
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FSN (Fast, Slow and Non-moving Inventory) Analysis in Inventory Management