What are the contingency plans that should be in place in case of unforeseen consequences of SKU rationalization?

Assortment Rationalization Optimize investments and remove the long tail. Pricing · Price Optimization Optimize initial prices, promotions, and markdown ... Apr 20, 2023 ... Benefits of SKU rationalization · 1. Reduction of inventory holding costs · 2. Reduce human errors · 3. Improve warehouse management process ... SKU rationalization is the process of assessing which products you should add, keep, or remove from your merchandise inventory. 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 ... 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 ... Jan 31, 2022 ... SKU rationalization is a process that allows merchants to re-assess the profitability and value of the products they have in stock. Jul 6, 2022 ... SKU Rationalization White Paper ... SKU rationalization is the procedure of understanding which products need to be maintained, discontinued, or ... 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, ... SKU Rationalization is a systematic approach that allows businesses to evaluate the performance of individual products, considering factors such as sales volume ... SKU rationalization is a process to decide what product you want to keep and which product you want to discontinue or phase out.