How often should a company perform SKU rationalization?

Jun 26, 2024 ... By rationalizing SKUs, paper and plastic distributors can identify and phase out slow-moving or non-essential products. This allows them to ... Oct 22, 2023 ... SKU rationalization, or SKU optimization, is about pruning the product tree: meticulously reviewing and trimming down the variety to focus on ... Apr 22, 2024 ... SKU rationalization is the inventory management process of deciding which products to keep (or improve) and which ones to discontinue. 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 ... Business Talent Group (BTG) paired the client with a former McKinsey & Company consultant with relevant SKU rationalization, pricing analysis, and expert-level ... Feb 19, 2025 ... SKU rationalization involves assessing the performance of individual SKUs in your inventory to determine their contribution to your business goals. 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 14, 2014 ... SKU rationalization—analyzing the merits of adding, maintaining, or removing items from a retailer's range of products—is a valuable Lean ... SKU Rationalization is a systematic approach that allows businesses to evaluate the performance of individual products, considering factors such as sales volume ... Nov 21, 2023 ... SKU rationalization is a decisive process in inventory management, particularly for retailers and manufacturers constantly seeking efficiency ...