What is the role of customer data in SKU rationalization?

Jan 14, 2025 ... Many business owners regard SKU rationalization as an essential aspect of an inventory efficiency project. Stocking fewer SKUs can improve your ... SKU Rationalization ... In the simplest terms, SKU rationalization is the process of deciding which products to discontinue and which to maintain, to reduce the ... SKU rationalization, or Stock stock-keeping unit rationalization, is a strategic SKU rationalization process that systematically reviews and optimizes a ... SKU rationalization is the process of carefully evaluating each product in your catalog, represented by its unique Stock Keeping Unit (SKU). The goal is to ... Mar 28, 2025 ... SKU rationalization helps companies work smarter, not harder. With a holistic view of end-to-end costs and product profitability, companies can ... Sep 15, 2022 ... SKU rationalization is the process of analyzing your current inventory and getting rid of products that aren't selling well. During your ... SKU rationalization yields efficiency and cost-effectiveness. Customer improves cash flow, saves space and increases profits by reducing inventory. SKU rationalization is helpful process any time a business wants to reevaluate their product catalog and optimize for profitability. Increasing sales sometimes ... Nov 12, 2019 ... ... SKU rationalization process, and in doing so have eliminated up to 50% of their SKUs and improved overall profitability of their SKU portfolio. Final rationalization is decided by the Demand Transference Index Grid of the SKUs. The demand coming from a product removed from the assortment should be ...