Operations•3 min read
Stock Keeping UnitAlso known as: SKU
Definition
Unique code assigned to each distinct product for inventory management.
Detailed Explanation
A Stock Keeping Unit (SKU) is a unique alphanumeric code assigned to each distinct product and variant for inventory management purposes. Unlike UPCs which are universal, SKUs are internal codes created by retailers to track inventory levels, sales, and reorder points.
Key Points to Remember
- 1Internal inventory code
- 2Unique to each business
- 3Tracks size, color, style variants
- 4Used in inventory management systems
- 5Different from UPC or EAN