A Vendor Inventory Protecting Unit (SKU) is an alphanumeric code assigned by a service provider to uniquely determine a product inside their stock. It serves as an inner monitoring mechanism, differentiating one merchandise from one other primarily based on variations comparable to measurement, coloration, or mannequin. For instance, a t-shirt could have totally different SKUs for every accessible measurement (small, medium, massive) and coloration (purple, blue, inexperienced).
The first significance of the assigned code lies in its function in stock administration. It facilitates environment friendly monitoring of inventory ranges, streamlines order success processes, and aids in figuring out gross sales traits for particular product variations. Traditionally, these codes had been initially utilized in bodily retail environments and have since been tailored for e-commerce platforms to keep up group and accuracy in product listings and success.