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| Catalog & SKU Data Management & Reporting |
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Effective Management of the SKU Lifecycle
Large manufacturing, distribution and retailing firms must contend with high volume and high velocity catalogs – effective management of SKU data – from procurement through end-of-life – can provide an operating edge versus the competition via deep insight into your catalog and effective management and of popular and long tail products.
eClerx brings value to all facets of SKU management: |
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Data Capture and Error Processing |
- Integration of data feeds from global partners at different frequencies and in different formats
- Requests capture, consolidation and routing to appropriate internal / external teams
- Follow-up with partners / internal departments for resolving inconsistencies and exceptions
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- Complete and in-time data ensures problems / leakage are promptly identified and rectified
- Centralized team – ensures streamlined operations and data consolidation
- 99.9% accuracy rate of capture
- Constant process improvement, delivering increasing savings over time
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| SKU Lifecycle Data Management |
- New product launch
- Track new product requests
- Project manage collection, creation and input of relevant data points & information from all concerned parties including distributors, vendors, pricing, marketing, engineering teams
- Correct SKU categorization and maintenance
- End-of-Life(EOL) process support
- Identify EOL SKUs
- Effect EOL
- Robust process to ensure no breaks in live products
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- Shortened product launch cycle with efficient and timely management of data inputs and information from multiple stakeholders & systems
- Correct SKU pricing ensuring no revenue leakage from misclassification
- Greatly reduced risk of incorrect orders – improved customer satisfaction by having 99% accurate
EOL process
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| Reconciliation and Cleansing |
- Standardization & reconciliation of SKU data sourced from different systems
- De-duplication & data audits for completeness & accuracy
- Automated text matching process using proprietary logic & technologies
- Manual validation
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- Accurate and standardized SKU data
- Better inventory control and shorter lead time
- Complete & accurate SKU information to
drive sales
- Accurate pricing and bill of material
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| Analytics and Reporting |
- SKU management dashboard for tracking SKU performance
- Market level profit valuation and aggregation at various geographic levels
- Early warning set up to reduce or manage SKU inventory
- Slow-moving / inactive SKUs report
- Disposal / EOL process adherence reports
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- Become fact based and metrics driven
- Identify profitable SKUs in more timely scientific manner and promote them for higher growth
- Fewer higher volume SKUs enhance forecasting and inventory management thus returns
- Prune less productive SKUs to reduce cost of carry & create capacity for growth
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