A Stock Keeping Unit, or SKU, is a unique product or service identifier that is used to track inventories and sales.
A Stock Keeping Unit, as the term implies, retailers allocate this alphanumeric code (typically eight digits) to products for internal stock-level management. Furthermore, in cases where a product has distinct colors and sizes, each variation is assigned a distinct Stock Keeping Unit (SKU) number.
Stock Keeping Unit Examples:
- For a particular product like a T-shirt: XYZ12345.
- For a product variation, like a T-shirt in a different color: ABC12345-DE.
- For a product bundle, like a T-shirt and a pair of pants: GHI12345-JK.
Usually, a Stock Keeping Unit is formed by merging various attributes of a product, including;
Product ID: Manufacturers or retailers assign a distinct identification to each product.
Color: Reflecting the product’s color.
Size: Denoting the product’s size.
Style: Indicating the product’s style.
Brand: Specifying the product’s brand.
Model: Representing the product’s model number.
