How can you monitor customer response and adjust your SKU strategy accordingly? What are the ethical considerations related to product obsolescence resulting from SKU rationalization?

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 ... Nov 12, 2019 ... ... SKU rationalization process, and in doing so have eliminated up to 50% of their SKUs and improved overall profitability of their SKU portfolio. 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. Jun 4, 2024 ... This process, known as SKU rationalization, eliminates the lowest-margin product versions and sizes to improve profitability and simplify the ... SKU Rationalization. SKU Rationalization involves managing individual product variations at the granular level. This includes decisions about specific sizes, ... May 25, 2021 ... The process of SKU rationalization for packaging can be helpful at any time, but it is most helpful in a situation where several packaging SKUs ... Centric Pricing & Inventory Optimize pricing and inventory to increase sell through and maximize profits. Centric Market Intelligence Competitive product ... Apr 14, 2014 ... SKU rationalization—analyzing the merits of adding, maintaining, or removing items from a retailer's range of products—is a valuable Lean ... Apr 13, 2025 ... SKU rationalization is the systematic process of analyzing a company's product portfolio to identify which items are essential and profitable ...