SKU Optimization

This 8-week implementation offer includes an assessment of your company's needs, an understanding of your current landscape and processes, and the implementation of a SKU Assortment Optimization Solution built leveraging Microsoft Azure.

Acuvate’s SKU Assortment Optimization, built on the Microsoft Azure, helps you effectively address the changing needs of your customers while ensuring the maintenance of your product portfolios.

CPG companies and retailers will benefit from a comprehensive assessment of their existing product portfolio, an in-depth analysis of market segment-to-product alignment, and the solution is aimed at optimizing the distribution and marketing penetration of their top-performing SKUs.

Key benefits: • Determine the most effective SKUs for each outlet or market, ensuring that the right products are available to satisfy diverse customer preferences. • Easily handle vast datasets, including millions of SKUs and customer segments, facilitating detailed comparisons to make data-driven decisions. • Equip buyers, sellers, and product managers with valuable insights, from high-level comparisons of online vs. physical sales to precise product selections that align perfectly with specific demographics. • Augment product portfolio planning, track product DNA trends, allocate inventory effectively, and make well-informed buying decisions. • Identify the most suitable markets for each product, recognize top-performing products in specific markets, prioritize low-distribution products, and determine which products are due for retirement.

With SKU Assortment Optimization, businesses can elevate their product management strategies, cater to customer preferences with precision, and drive significant improvements in sales and overall revenue.

Duration: Pilot Implementation - 8 Weeks Price: $35K+ taxes for one category 100 SKUs The scope, price & timeline are determined based on specific business goals and the customer's requirements. Hence, the terms, conditions, and pricing can be custom to each engagement.