It is an inventory analysis technique that classifies products according to their flow rates. It consists of the initials Fast, Slow, and NonMoving.
F: Fast
S: Slow
N: NonMoving
Another approach is in the form of FNS;
F: Fast
N: Normal
S: Slow
Usage areas;
Providing economy by identifying dead stock and rearranging repetitive orders
Reducing the movement distances of the products by rearranging the storage areas
Reducing inventory holding costs by reducing Dead Stock
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