ABC (Pareto) Analysis with Python - The easy way

In this video we go over the easy way to run an ABC analysis in Python. This is sometimes called a Pareto analysis because it follows the Pareto principle where a small amount of your items make up a large portion of your outcome.

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References

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0:00 What is ABC Analysis
1:03 Getting Started
1:48 Data Cleaning
3:21 ABC Analysis
4:15 Graphing
5:08 Creating ABC column
6:58 Example 2 - Sales data

[zakariaaitibba]

Hi, very informative video, on the graphs itself what does the blue, green and purple like mean ( as well as the grey one running across diagonally from left to right )
Thanks

[siddhantgopi]

please could you tell me on what basis it takes the thresholds for the ABC categories

[madhurijaikumar]

How can we use this script if we have groups? Like for example we want to look at the abc segments at a group level and then when we drill down, at a sub group level?

[mreltyranos]

Wow thank you so much for these great package! I can't find how to modifiy the title of the plot; the labels... is it possible?

[smarterfuture]

how did you do the cleaning please explain

[chandraraman]

How can I print a report that lists all A(353), B(154) and C(1066) class items by the item number.Please let me know.

[chandraraman]

How can I print a report that lists all A, B and C class items by the item number.Please let me know.

[nwabuezeprecious]

Can you automate a ved analysis in python?

[topfundus]

Sehr gut! Vielen Dank und viele Grüße aus D.

[benamgharanisse]

please i cant find a abc_analyse package on python, should i download it, or it should be insetaled with python

[tranthithanhngan]

when I type pip install abc-analysis to PowerShell, it shows: "The term 'pip' is not recognized as the name of a cmdlet, function, script file, or operable program. Check the
spelling of the name, or if a path was included, verify that the path is correct and try again". I tried pip3 also but it doesn't help. How can I install abc-analysis properly?

[АнтонТеплов-дч]

what if i have 3 categories a, b, c and 0? what it means?