22 Sept 2006/Nilesh Shah
Correct Categorization is mother of all MIS (Management Information System).
Smart Tips
In the retail business you need to deal with thousands of SKUs.
For this kind of scenario the correct categorization technique helps you to control the business.
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Are your inventory categorization is misleading you due to
- Duplicate SKU entry (Someone created "Men’s Shirts Cotton" and other created "Cotton Shirts Men's")
- Incorrect Grouping (The SKU "Colgate Toothpaste" need to go in to Dental Care group but is wrongly placed in Hair Care.