Mattel to reduce SKUs 30% by the end of the year
Mattel was hit hard by the closures of Toys ”R” Us stores. As a result, they were forced to rethink their inventory strategies resulting in a SKU rationalization/reduction initiative that produced $797 million (USD) in cost savings. The sad fact is that it took a crisis for Mattel to think leaner & smarter. No need to wait for a crisis.
SKU rationalization considerations should be part of your monthly inventory planning cycle.
Avercast automates the monthly SKU rationalization process and empowers you to know which SKUs (if any) are costing you more than they are worth.
Let us know how we can help you. www.avercast.com