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ABC_Analysis_Naive_Approach

AbcanalysisAbcInventoryoptimizationSupplychainInventory
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Jul 30, 2025 8:27 AM
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ABC_Analysis_Naive_Approach

This workflow demonstrates implementation of the naive approach of ABC analysis. It classifies item sales with respect to selected intervals of normalized cumulative sales. So the sum between 0 and 0.6 is categorized as A, above 0.6 till 0.85 as B and above 0.85 as C.

Aggregating sales and item count for each category and calculating their respective percentage of the grand total. Based on sales volume calculated for six months, inventory can be planned accordingly for the next period.

External resources

  • How to do ABC analysis in KNIME: Inventory Management using ABC (Always Better Control) Analysis
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Used extensions & nodes

Created with KNIME Analytics Platform version 5.5.0
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    KNIME Base nodesTrusted extension

    KNIME AG, Zurich, Switzerland

    Version 5.5.0

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    KNIME Excel SupportTrusted extension

    KNIME AG, Zurich, Switzerland

    Version 5.5.0

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    KNIME ExpressionsTrusted extension

    KNIME AG, Zurich, Switzerland

    Version 5.5.0

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    KNIME JavasnippetTrusted extension

    KNIME AG, Zurich, Switzerland

    Version 5.5.0

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    KNIME Timeseries nodesTrusted extension

    KNIME AG, Zurich, Switzerland

    Version 5.5.0

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