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How to use 8020 for data analysis ?

January 31, 2010

Hi All,

One of the most powerful analyse tool 8020 . Benefits :-

1) From the 802 table able to let you will know which product you need to focus.

2) From the 8020 table you will be able to allocate resources to maintenance your sales.

3) You can view in Chart or Table. and it is very easy to develop this 8020 table compare to Class analysis.

Below chart explan if you focus on 20% of the customer , you will acheive 80% of the total sales.

Conclusions :- If you are able to manage well on those top 20% of product or customer which contribute 80% of your total sales , and let the 80% of product or customer manage by itself , your life will be less stressful and have more time for your time spend with your family during week end.

Paul

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