How does reducing SKUs affect the complexity of managing multiple sales channels? What are the potential impacts of SKU rationalization on relationships with distributors and retailers?

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 ... 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 23, 2025 ... Yes, SKU rationalization can improve customer satisfaction by making it easier for customers to find the products they want, reducing out-of- ... Practice Areas: Consumer Services, Direct Selling, Ecommerce, Foodservice, Grocery, Mass Merchant, Drug and Club, Specialty Retail, Restaurant Retail Support ... Feb 27, 2019 ... SKU rationalization in its simplest form is a thorough spring cleaning of your stock of inventory. Like housekeeping, it should ideally be done ... 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 ... 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 ... Rationalizing SKUs involves determining which products are the most profitable, which are the most popular, and which are the costliest to produce or maintain. Apr 18, 2024 ... SKU rationalization is the business process of streamlining product lines by determining what products are performing well and which need discontinued. Jan 13, 2016 ... Retailers and their warehouse teams can plot a course for effective SKU rationalization that reduces costs, complexity, and waste.