Utilization of the intersection of ABC and XYZ analysis in stock planning in the warehouse by Covid period

Abstract

The aim of this article is to find the most appropriate inventory storage strategies in a new warehouse according to the Covid period. Based on the company's analysis and preferences, we have concluded that the most suitable inventory storage strategy will be ABC, XYZ and penetration analysis according to which the inventory will be produced to the company's warehouse. The result of the paper is the intersection of these analyses. Based on the penetration analysis, we found that AAXX group has 27% of the product items. The CXX group of manufactured items has a high turnover, but accounts for only 1% of the total items. The AA category has a low turnover but accounts for only 0.63% of the product items. As a result of the penetration analysis, we concluded that the categories AAXX, AAX, AXX, AX and BXX are suitable to be produced in large quantity in stock. For categories AAY, AY, BX and BY, it is recommended to plan the production of items for stock with caution and not to produce them in such large quantities. The regularity of the analysis of these methods is very important. The intersection of ABC and XYZ analyses indicates the regularity of applying these methods due to the existence of excess or non-replenishable stocks.