How do competitor actions influence SKU rationalization? What are the long-term effects of SKU rationalization?

Put simply, SKU rationalization – also known as SKU or inventory optimization – is a process that involves reviewing the stock you have in your inventory to see ... Practice Areas: Consumer Services, Direct Selling, Ecommerce, Foodservice, Grocery, Mass Merchant, Drug and Club, Specialty Retail, Restaurant Retail Support ... Analyze and compare SKU cost and profit performance arms you with the information required to decide which products to change, add, maintain, or retire from ... Apr 27, 2022 ... What Is SKU Rationalization? SKU Rationalization is a process of reducing the number of stock-keeping units (SKUs) in a product portfolio to ... Nov 1, 2023 ... SKU rationalization is a process that helps you decide which products to maintain in your inventory and which to discontinue. 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 ... Rationalizing SKUs involves determining which products are the most profitable, which are the most popular, and which are the costliest to produce or maintain. The editor explains how the Packaging Coatings division of Sherwin-Williams is helping customers by developing non-BPA platform technologies. 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”. Apr 9, 2020 ... SKU Rationalization, also known as SKU Optimization or Product Rationalization, is the process to determine if a particular SKU (Stock Keeping ...