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Abstract:SKU (Stock Keeping Unit) is an important concept in retail and supply chain management. ScrapeStormFree Download
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Introduction
SKU (Stock Keeping Unit) is an important concept in retail and supply chain management. It is a unique code used to identify a specific product, usually including detailed information about the product, such as brand, type, size, color, etc. SKU is mainly used to manage inventory, track sales, and optimize supply chain operations. SKU is a unique identification code used to represent a specific product. Each SKU represents a unique variant of a product. Even different colors or sizes of the same product will have different SKUs. This coding method helps companies accurately distinguish and record products in inventory and sales management.
Applicable Scene
SKUs allow inventory to be tracked and managed accurately. Retailers can know the inventory quantity, storage location, and sales of each SKU. It helps retailers analyze which product variants are most popular and optimize their purchasing strategies. Throughout the supply chain, SKUs can be used to track the flow of products, from suppliers to warehouses, and then to the final retail outlets. Online sales platforms use SKUs to distinguish different product variants, making it easier for customers to search and choose. SKUs allow merchants to set different prices for different variants of the same product, thereby meeting market demand more flexibly.
Pros: SKU enables companies to accurately track the inventory status of each product variant, reducing the risk of out-of-stock or overstocking. With clear SKU codes, employees can find and manage inventory faster and improve operational efficiency. Based on SKU-based sales data analysis, companies can better understand market demand and optimize procurement and sales strategies. SKU data helps merchants understand the sales of different product variants, so as to develop more targeted promotions and marketing activities. SKU helps to simplify the inventory counting process and improve accuracy and efficiency.
Legend
1. What is SKU
2. Amazon SKU.
Related Article
Reference Link
https://en.wikipedia.org/wiki/Stock_keeping_unit
https://www.shopify.com/retail/what-is-a-sku-number
https://business.adobe.com/blog/basics/what-is-a-sku-how-is-it-used