Cost Optimization Using Abc Analysis in Texcoms Worldwide – Coimbatore
Inventory management continues to be a strategic pillar of operational excellence and financial performance in the global supply chain environment.This study titled Enhancing Inventory Management Efficiency: An Analytical Study at Texcoms Worldwide‖ examines the current inventory control system of Texcoms Worldwide, a Coimbatore-based textile machinery trading firm. The primary aim is to assess the company’s efficiency in managing spare parts, accessories, machinery components, and refurbished machines, identify areas of inefficiency, and recommend data-driven strategies for improvement. The research adopts a descriptive and analytical design, relying entirely on secondary data derived from the company’s ERP system, financial reports, and industry benchmarks. Analytical tools such as ABC classification, inventory turnover ratio, cost structure analysis, and obsolescence review were applied to evaluate performance. The findings revealed a strong value concentration where 15% of SKUs represented 76% of total inventory value,