ABC analysis Pareto principle | Supply Chain Concepts | Spec Sheets | Free Logistics | Scoop.it
The Pareto 's principle, enhanced by Vilfredo Pareto ( 1848-1923 ) on the basis of the Italian wealth distribution observation (20 % of the population possess 80 % of the wealth), was since generalized to the company world.

So we shall find very often the following examples:

20% of articles generate 80% of the sales turnover,20% of the product families represent 80% of the inventory,20% of the suppliers represent 80% of the global amount of purchase...