What is an SKU (Stock Keeping Unit)?
In warehousing, SKUs are essential tools that bring order to complex inventories. An SKU is a unique alphanumeric code that represents each specific product or service in stock. Think of it as the product's unique fingerprint—no two items share the same SKU.
Why does this matter? Assigning SKUs offers several key benefits:
Precise Tracking: Know exactly what’s in stock, what’s running low, and what needs replenishment. Effective Categorization: Sort products by category, brand, size, or other details, making retrieval quick and easy. Efficient Management: Simplify stock handling, reduce errors, and improve the speed of order fulfillment.
For warehousing professionals, understanding and using SKUs efficiently helps ensure smooth operations and quick product identification, making day-to-day work faster and more efficient.
Stay tuned as we break down more industry terms to help you stay sharp and ahead in warehousing!