How can businesses adapt their SKU strategies to remain competitive in the long run? What are some advanced techniques for SKU analysis beyond basic ABC analysis?

SKU rationalization yields efficiency and cost-effectiveness. Customer improves cash flow, saves space and increases profits by reducing inventory. Aug 26, 2009 ... I view SKU reduction programs as a form of complexity reduction, a way to decrease the number of ingredients, components, and subassemblies used to make a ... Feb 19, 2025 ... SKU rationalization involves assessing the performance of individual SKUs in your inventory to determine their contribution to your business goals. Aug 10, 2020 ... Inventory cost reduction: SKU rationalization reduces product mix, allowing for less inventory to be held onsite; Material cost reduction: ... Nov 1, 2023 ... SKU rationalization is a process that helps you decide which products to maintain in your inventory and which to discontinue. Apr 26, 2023 ... SKU rationalization is the process of reducing the number of SKUs (stock keeping units) in your inventory. This may sound counterintuitive – won ... May 24, 2024 ... This comprehensive guide details a step-by-step playbook for how to do SKU rationalization across core processes like data-driven evaluation, stakeholder ... Apr 22, 2024 ... SKU rationalization is the inventory management process of deciding which products to keep (or improve) and which ones to discontinue. Dec 19, 2023 ... Why Consumer Packaged Goods Companies Need to Get SKU Rationalization Right ... Every item a consumer packaged goods (“CPG”) company sells has a ... SKU rationalization is the process of carefully evaluating each product in your catalog, represented by its unique Stock Keeping Unit (SKU). The goal is to ...