What tools can be used for SKU rationalization?

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”. 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 ... 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 ... Feb 23, 2025 ... Yes, SKU rationalization can improve customer satisfaction by making it easier for customers to find the products they want, reducing out-of- ... 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 ... 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 a process to decide what product you want to keep and which product you want to discontinue or phase out. Mar 20, 2024 ... Through SKU rationalization, brands do a value analysis of their product portfolio and decide on retaining, expanding, reducing, or ... SKU rationalization is the process of assessing which products you should add, keep, or remove from your merchandise inventory.