Stock Keeping Units, or SKUs, are numerical codes that businesses use to differentiate items and products in their inventory. SKUs are one of the essential building blocks of an effective inventory management system – both for your physical stock as well as the software system that handles it.
Each kind of physical asset that your stock is made up of – be it an article, material, part, product, ingredient, assembly, etc. – needs to have a unique SKU number. This code is the basis for neatly tracking the item and any information regarding it, such as inventory levels, expiry date, purchasing options, etc.
This free SKU generator is a helpful tool for creating meaningful article codes that you can use in your inventory management system.
Read more about Stock Keeping Units.