Paul is a Warehouse Manager at a large online retailer. He is conducting an analysis into his current inventory and plans to use an ABC method to classify his inventory. Which of the following classes of items would his most expensive products fall under?
Green Frog Ltd is a consultancy organisation that has around 50 different customers. Their new CEO Patal is investigating the different customers and believes that using a Cost to Serve tool will help better understand customer profitability. Is this the right approach?