What are the benefits of SKU rationalization? What are the risks of SKU rationalization?

Jan 13, 2016 ... Retailers and their warehouse teams can plot a course for effective SKU rationalization that reduces costs, complexity, and waste. 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”. 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 ... 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 ... Developed by Columbus Consulting with the industry-leading Anaplan Connected Planning technology, this seamlessly-integrated tool allows retail and CPG firms to ... At the first stage of SKU rationalization, SKUs are proposed as candidates together with rationale and symptoms description. However, most of these comments ... SKU rationalization is the systematic process of evaluating the SKUs in a product portfolio to determine which ones to retain and which to eliminate. The goal ... SKU rationalization, or Stock stock-keeping unit rationalization, is a strategic SKU rationalization process that systematically reviews and optimizes a ...