Inventory Sku System

Barcodes are universal and are the same no matter where a product is sold.

Inventory sku system. Neither is a sku to be confused with an inventory number. Don t confuse a sku system with a barcode. 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. Some companies will call them part numbers model numbers product codes skus etc.

For a product these attributes could include manufacturer description material size color packaging and warranty terms. 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. Along with sku based data systems with inventory management tools let you organize products further using built in category manufacturer and custom tags. An sku is the smallest unit of product or service.

While many use the terms sku and upc interchangeably they are actually very different. Sku in full stock keeping unit a code number typically used as a machine readable bar code assigned to a single item of inventory as part of a system for inventory control the sku represents the smallest unit of a product that can be sold from inventory purchased or added to inventory applied to wholesale retail or production operations the sku can assist in monitoring transactions. But whatever you call them item numbers are important for you and the systems you use. Sku management is the process of creating maintaining and optimizing and alphanumeric sku system to effectively identify and organize your inventory.

You can have a universal product code upc or stock keeping unit sku. First you will need to create a product code. Let s start with skus. A upc can be found on most products and are standardized for business use.

The solution to inventory tracking is to develop a sku skew or stock keeping unit system. 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. Skus are internal and apply only to your company. If you or your system can t uniquely identify an item you can t effectively account for its activity and whereabouts within your inventory.

Creating a barcode inventory system is much more inexpensive than people think.