What type of inventory typically requires less managerial oversight than Class A items?

Class B items are generally considered to be mid-range value items in an inventory classification system that sorts items based on their importance to the business. In this system, Class A items are high-value, tightly controlled inventory that requires frequent monitoring due to their impact on financial performance. These items often represent a small percentage of the total inventory but account for a large portion of the inventory value.

Class B items, on the other hand, usually have lower value and are less critical compared to Class A items. This means that they do not require the same level of managerial oversight. While they still need to be managed effectively to avoid stockouts or overstock issues, the level of attention and resources dedicated to them can be less intensive than what is needed for Class A inventory.

This classification strategy allows businesses to allocate their managerial efforts more efficiently, focusing more on the items that have the greatest financial impact while applying a more streamlined approach to the mid-tier and lower-tier items. This is why Class B items require less oversight compared to Class A items.