What are the responsibilities of companies regarding the environmental impact of discontinued products? How can SKU rationalization contribute to a more sustainable business model?

Apr 18, 2024 ... SKU rationalization is the business process of streamlining product lines by determining what products are performing well and which need discontinued. Apr 1, 2022 ... The candy and confectionery company shifted toward SKU rationalization with a focus on its most popular offerings versus products that are not performing well. Nov 5, 2020 ... Product Portfolio Management as part of the S&OP process can be used to identify candidates for rationalization along with a valuable new metric ... Jan 13, 2016 ... Retailers and their warehouse teams can plot a course for effective SKU rationalization that reduces costs, complexity, and waste. Jul 19, 2023 ... SKU Rationalization is a preemptive measure to streamline your product catalog and improve decision-making around an inventory management system ... Dec 14, 2021 ... SKU rationalization is the process of evaluating the marketability and profitability of your products and eliminating underperforming or obsolete stock-keeping ... Nov 21, 2023 ... SKU rationalization is a decisive process in inventory management, particularly for retailers and manufacturers constantly seeking efficiency ... 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”. 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 ... 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.