What is a Stock Keeping Unit (SKU) and What Are They Used For?

Business Acronym SKU as Stock Keeping Unit

A stock keeping unit (SKU) is an alphanumeric code used to identify inventory. It allows retailers to track their stock and measure sales. Stock keeping units have many uses in addition to identifying products and play a key role in a well-designed inventory management system. What Is a Stock Keeping Unit? A SKU is a […]