What is SKU (stock keeping unit)?
SKU, or stock keeping unit, is a unique identifier code assigned to each distinct product that enables inventory tracking and a wide range of capabilities essential for a properly functioning supply chain.
Why is SKU (stock keeping unit) important?
The advent of stock keeping units and unique identifier codes make modern supply chain management possible. The SKU systems is essential to the organization of master item files and new product introductions to help ensure retailers are able to properly track product performance.