Inventory Sku System
A upc can be found on most products and are standardized for business use.
Inventory sku system. Sku management is the process of creating maintaining and optimizing and alphanumeric sku system to effectively identify and organize your inventory. First you will need to create a product code. Along with sku based data systems with inventory management tools let you organize products further using built in category manufacturer and custom tags. There are many procedures that take place in a warehouse in the life of a product and skus can be used in each of these steps to shave seconds or even minutes.
If you or your system can t uniquely identify an item you can t effectively account for its activity and whereabouts within your inventory. Some companies will call them part numbers model numbers product codes skus etc. An sku is the smallest unit of product or service. Let s start with skus.
Since an sku is unique to a company a product would have different skus if sold by different companies but they would have the same upc. Skus are internal and apply only to your company. You can have a universal product code upc or stock keeping unit sku. Creating a barcode inventory system is much more inexpensive than people think.
In the field of inventory management a stock keeping unit sku ˌ ɛ s ˌ k eɪ ˈ juː ˈ s k j uː is a distinct type of item for sale such as a product or service and all attributes associated with the item type that distinguish it from other item types. While many use the terms sku and upc interchangeably they are actually very different. Don t confuse a sku system with a barcode. Tracking stock and sales data using both sku numbers and built in tags give you the reporting you need to make informed decisions every step of the way.
Barcodes are universal and are the same no matter where a product is sold. But whatever you call them item numbers are important for you and the systems you use. The solution to inventory tracking is to develop a sku skew or stock keeping unit system. Sku codes speed up the process of finding products because they allow you and your employees to search track and reference products and inventory levels in your warehouse or basement.
Neither is a sku to be confused with an inventory number.