Inventory management is a necessary skill to avoid the scarcity of products in your store and maintaining the ratio of supplied and demanded product.Stock keeping unit (SKU) , a simple code can help us in such a big task in an easy manner. Let's check how??
A SKU is a unique code consisting of letters and numbers that identify characteristics about each product, such as manufacturer, brand, style, color, and size.Each store or inventory can have it's own SKUs which could or could not be same.
Some facts about SKUs
1. A SKU is used to track inventory in your retail store.
2.When accessed in your POS or accounting system, a SKU is a series of numbers that track unique information related to that product.
3. SKUs are not universal. meaning that each retailer has its own set of SKUs for its merchandise.
4.SKU numbers are often confused with the terms barcode or UPC. While a barcode can be used like an SKU but they are not the same.
A SKU is a unique code consisting of letters and numbers that identify characteristics about each product, such as manufacturer, brand, style, color, and size.Each store or inventory can have it's own SKUs which could or could not be same.
Some facts about SKUs
1. A SKU is used to track inventory in your retail store.
2.When accessed in your POS or accounting system, a SKU is a series of numbers that track unique information related to that product.
3. SKUs are not universal. meaning that each retailer has its own set of SKUs for its merchandise.
4.SKU numbers are often confused with the terms barcode or UPC. While a barcode can be used like an SKU but they are not the same.