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Management Sciences and Quantitative Methods Commons

Open Access. Powered by Scholars. Published by Universities.®

2016

Senior Theses

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Full-Text Articles in Management Sciences and Quantitative Methods

How Competition, Customization, And Niche Markets Have Affected Sku Proliferation And Management, Alexander Eugene Huggs May 2016

How Competition, Customization, And Niche Markets Have Affected Sku Proliferation And Management, Alexander Eugene Huggs

Senior Theses

Differentiation has become a major competitive advantage. The end result is that many companies and businesses have found a competitive advantage by offering a wide variety of products. While Henry Ford may have only had to keep up with a limited number of parts for his relatively standard Model T, the Ford Motor Company now sells sixteen different models of consumer vehicles. This has not only happened to the Ford Motor Company. Growth in the number of stock keeping units (SKUs) is present across most consumer goods. What has caused this explosion in SKUs, how have companies adapted warehouses and …