What are some of the best SKU Rat practices that you have seen?

  1. Making it a regular, planned exercise (at least yearly) rather than a knee-jerk reaction
  2. Having a marketing person lead the cross-functional team, as ultimately marketing has responsibility for the product line
  3. Estimating the P&L impacts (positive and negative) of proposed changes before finalizing any decisions
  4. Revising product specifications to consolidate fragmented demand for several similar products into  greater demand for a single product

Do you want to understand your supply chain costs, tune up your prices and programs, and build your bottom line

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