How can technology be leveraged to optimize the supply chain after SKU rationalization? What are the potential impacts of SKU rationalization on new product introductions?

Feb 28, 2024 ... Beyond Meat executives say they hope to turn the corner in 2024 with new product innovations, SKU rationalization, and price increases. Detailed step-by-step instruction on how to conduct the analysis: · 1. Collect sales and profitability data per SKU · 2. Calculate SKU profitability. · 3. 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 ... Dec 23, 2020 ... SKU rationalization refers to the process of determining whether certain products should be continued, in the effort of reducing the total number of items. Dec 13, 2019 ... A company must balance these two viewpoints and find a middle path that delivers the required results to the business, its customers, and its employees. Typical results during a line item review show that as much as 25% of a customer's held inventory is comprised of duplicated or “like items”. Sep 26, 2024 ... By leveraging AI-driven insights, the retailer quickly identified low-performing SKUs that were draining resources. This rapid SKU ... Nov 22, 2022 ... Having too many items on your SKU list can slow down your material purchasing process and lead to delays. By narrowing down the number of ... 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 systematic process of evaluating the SKUs in a product portfolio to determine which ones to retain and which to eliminate. The goal ...