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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 ... SKU rationalization eliminates underperforming or obsolete SKUs from the product catalog and ERP system data. 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 ... 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. Feb 28, 2024 ... Beyond Meat executives say they hope to turn the corner in 2024 with new product innovations, SKU rationalization, and price increases. Nov 21, 2023 ... SKU rationalization is a decisive process in inventory management, particularly for retailers and manufacturers constantly seeking efficiency ... Sep 26, 2024 ... By leveraging AI-driven insights, the retailer quickly identified low-performing SKUs that were draining resources. This rapid SKU ... Feb 5, 2024 ... SKU rationalization is like a strategic game of “Keep or Toss” played by companies to ensure they're not drowning in a sea of products. 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 ...