How do you forecast the impact of SKU rationalization?

Feb 22, 2024 ... A range of formulas can help you drive SKU rationalisation and make more informed decisions about what items to focus on or eliminate. Jul 9, 2023 ... How to implement an SKU rationalization process in 6 steps · Step 1: Data collection and analysis · Step 2: Identify low-performing SKUs · Step ... Jun 4, 2024 ... This process, known as SKU rationalization, eliminates the lowest-margin product versions and sizes to improve profitability and simplify the ... 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 ... Aug 3, 2021 ... In SKU rationalization, the goal is to decide how to use limited resources to improve the performance of a large number of SKUs. Price, ... Dec 15, 2016 ... Many CPG companies tackle complexity by undertaking either a SKU rationalization or a manufacturing optimization, usually led by the supply- ... Sep 26, 2024 ... By leveraging AI-driven insights, the retailer quickly identified low-performing SKUs that were draining resources. This rapid SKU ... SKU rationalization eliminates underperforming or obsolete SKUs from the product catalog and ERP system data. Centric Pricing & Inventory Optimize pricing and inventory to increase sell through and maximize profits. Centric Market Intelligence Competitive product ... 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 ...