SKU Rationalization
Inventory Management
SKU Rationalization
Systematic review of the item portfolio to remove or simplify low-value complexity and improve service, cost and inventory.
Examples
- 01SKU rationalization cuts the product range from 1,800 to 1,200 items by removing variants with almost no sales.
- 02The material planner reviews SKU rationalization results to make sure customers of removed items are offered a replacement.
- 03After SKU rationalization, stock falls by EUR 900,000 and fill rate on the remaining items rises from 92 % to 96 %.