What are the different approaches to SKU discontinuation (e.g., gradual phase-out, immediate removal)?

Aug 7, 2024 ... What does SKU rationalization entail? SKU rationalization involves evaluating and optimizing a company's product portfolio. This process ... Feb 22, 2024 ... A range of formulas can help you drive SKU rationalisation and make more informed decisions about what items to focus on or eliminate. SKU rationalization is the process of assessing which products you should add, keep, or remove from your merchandise inventory. Aug 10, 2020 ... Inventory cost reduction: SKU rationalization reduces product mix, allowing for less inventory to be held onsite; Material cost reduction: ... Apr 18, 2024 ... SKU rationalization is the business process of streamlining product lines by determining what products are performing well and which need discontinued. Dec 15, 2016 ... Many CPG companies tackle complexity by undertaking either a SKU rationalization or a manufacturing optimization, usually led by the supply- ... Jul 19, 2023 ... SKU Rationalization is a preemptive measure to streamline your product catalog and improve decision-making around an inventory management system ... 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 ... 1) The Infosys SKU Rationalization solution provides three intelligent modules to help optimize SKU's:Grouping together similar substitutable products: From POS. Oct 22, 2023 ... SKU rationalization, or SKU optimization, is about pruning the product tree: meticulously reviewing and trimming down the variety to focus on ...