The pareto graph reveals how many item numbers you need to process to significantly improve your KPIs
A report can potentially contain many item numbers, but how many of them "matter" to your business? The pareto chart offers a visual overview.
In the example below, the report contains Dead items: The Top 100 items that tie up most of your inventory value and that have not sold in the past year:
- The inventory value of the 100 items is shown in blue: DKK 2.27 million
- You can see the item numbers sorted by inventory value below
- If you address the top five, you will take approx. DKK 600,000 off the inventory. That's 25%!