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STAGE 0: INTRODUCTION AND ORIENTATION
STAGE 1: LOAD
STAGE 2: INVENTORY
STAGE 3: NAVIGATE
STAGE 4: KEEP
STAGE 5: EXTEND
STAGE 6: DEVELOP

3.1 Document ABC Code Strategy [LINKED]

3.1 – Define and document the ”ABC” code strategy. This step documents the criteria for assigning inventory codes to your purchased and manufactured parts. For example, an “A” item could be any item with a unit cost over $1,000. Normally “A” items represent about 75% of the total inventory value, “B” items are around 20% and “C” items between 5-10%.