How can companies be transparent with consumers about discontinued products?

Nov 5, 2020 ... Product Portfolio Management as part of the S&OP process can be used to identify candidates for rationalization along with a valuable new metric ... Feb 19, 2025 ... SKU rationalization involves assessing the performance of individual SKUs in your inventory to determine their contribution to your business goals. Mar 20, 2024 ... Through SKU rationalization, brands do a value analysis of their product portfolio and decide on retaining, expanding, reducing, or ... Developed by Columbus Consulting with the industry-leading Anaplan Connected Planning technology, this seamlessly-integrated tool allows retail and CPG firms to ... May 21, 2024 ... Remember, SKU rationalization is about making strategic decisions that can make your business nimbler and more efficient. You'll get a clearer ... Jan 14, 2025 ... Many business owners regard SKU rationalization as an essential aspect of an inventory efficiency project. Stocking fewer SKUs can improve your ... Feb 11, 2021 ... How to rationalize your SKUs: 5 steps to follow · 1. Consider your target market · 2. Perform a detailed SKU analysis · 3. Consider other ... SKU rationalization is a best practice of inventory management. This process aims to streamline the product catalog, making it simpler and easier to manage ... This thesis employs IronCraft as a practical example to perform a SKU rationalization project using a deterministic model for strategic decision making which ... SKU rationalization eliminates underperforming or obsolete SKUs from the product catalog and ERP system data.