11. ABC analysis

📊 ABC Analysis in Goovii: How It Works and Why It Matters

ABC analysis is a method of classifying products based on their sales, revenue, and profit contribution. It helps identify which items generate the most income and which contribute the least. By using ABC analysis in Goovii, you can optimize inventory, improve purchasing efficiency, and increase profit.

🔹 How to use ABC analysis

1. Go to Statistics → ABC Analysis in your Goovii admin panel.
2. Select the time period for analysis (day, week, month, year).
3. The system will automatically calculate metrics for each product: sales, revenue, and profit.
4. Classification is divided into three groups:
   • A — high-impact products generating the most revenue or profit (most important items)
   • B — medium importance products
   • C — low-impact products with the smallest share of revenue or profit

💡 ABC analysis helps you focus resources on the most valuable products and reduce unnecessary stock.

📋 ABC report contents in Goovii

• Products — product name
• Sales — number of units sold
• Sales (%) — share of total sales
• Revenue — income from product sales
• Revenue (%) — share of total revenue
• Profit — profit from sales
• Profit (%) — share of total profit

The report also includes overall metrics for all products:

• Sales
• Revenue
• Profit

✅ Why use ABC analysis

• Identify most profitable products
• Optimize inventory levels
• Plan purchases and promotions
• Improve sales efficiency
• Gain transparent assortment management

Goovii makes ABC analysis simple and visual — all data is calculated automatically, so you always know which products bring the highest revenue to your business.