SKU (Stock Keeping Unit)

A Stock Keeping Unit (SKU) is a unique identifier used by retailers and manufacturers to track and manage inventory. Each SKU represents a specific product with distinct characteristics, such as size, color, and style. For example, a blue t-shirt in medium size would have its own SKU, different from a red t-shirt in large size. SKUs help businesses monitor stock levels, manage sales data, and streamline ordering processes, ensuring they have the right products available for customers while minimizing overstock and shortages.