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Viewpoints about 'SKU Rationalization'
Complexity Reduction Part 3: SKU Portfolio Optimization & Brand Strategy
For most companies, complexity or SKU reduction initiatives still start and stop with transactional data, focusing on turnover, profit, and volume by customer and channel. For a more balanced outcome, consumer product companies should create a holistic view of complexity reduction that includes brand demand view and complexity rating. Read More
Topics: Brand Demand, Brand Strategies, Brand Strategy, Complexity Management, Complexity Reduction, Portfolio Complexity, Portfolio Management, Portfolio Optimization, Portfolio Prioritization, Portfolio Rationalization, Reduce Complexity, SKU, SKU Optimization, SKU Portfolio Optimization, SKU Rationalization, SKU Reduction
Complexity Reduction Part 2: The CFO’s Imperative to Drive Growth
A previous viewpoint, Complexity Reduction Part 1: Governance Sets the Foundation for Success, discussed two critical elements for laying the groundwork for a complexity reduction initiative - sustaining the involvement of the C‐suite and establishing a process owner. This second viewpoint of the series focuses on the specific role of the CFO in complexity reduction: expectations, key success factors, and types of savings. Read More
Topics: CFO, Complexity Management, Complexity Reduction, Cost Reduction, Governance, Perspective, Portfolio Complexity, Portfolio Management, Portfolio Prioritization, Portfolio Rationalization, Portfolio Review, Process Owner, SKU Rationalization, Strategic Governance
Complexity Reduction Part 1
Governance Sets the Foundation for Success
For a tree to grow tall and strong, regular pruning is required. Removing broken, diseased or damaged limbs encourages faster growth. The same applies to businesses. Some of the smartest CEOs realize that to grow their company they must periodically prune their product portfolio. Read More
Topics: Complexity Management, Complexity Reduction, Governance, Perspective, Portfolio Complexity, Portfolio Management, Portfolio Prioritization, Portfolio Rationalization, Portfolio Review, Process Owner, SKU Rationalization, Strategic Governance
Complexity Reduction: Cleaning House Without Sacrificing Innovation
This August 2010 Food Manufacturing column discusses product, raw material, and supplier rationalization and how F&B companies can implement this process within their organization. Read More
Topics: Article, Complexity Management, CPG, F&B, Food and Beverage, Food Manufacturing, Manufacturing, Product Rationalization, Rationalization, SKU, SKU Rationalization