Pakistan's Batting & the Pareto Principle

[homer_j_simpson]

Re: Pakistan’s Batting & the Pareto Principle

@Umar Talib

it sure does… I work in Supply Chain and I.T. projects… 80% of the inventory costs are associated with 20% of the SKUs’ - 80% of the I.T. project implementation cost comes during 20% of the project phases etc.

just thought about this today and was surprised to see the numbers actually map that well.

good old 80/20 rule…applies very well to our team