Some Important Information about Stock Keeping Units
Every supplier want to control the sales and stocking of their products. There are lots of benefits that comes along with keeping track of your sells and stocks. One major way of making sure that the sales and stock are well managed is by the use of SKU. The SKUs are specific numbers provided by the inventory management system and assigned to each product in the store. There are a number of attributes that store owners need to know before using the SKU. This article highlights some of the important things that you should always bare in mind when you hear the term SKU.
This number needs to be given to every element in your store. No products should miss this code to avoid confusion. Never assigned the same code to similar products. The good thing with this is that, each of your products will be tracked, you can read more.
SKUs will be done at your store by the relevant authority. You can choose the manner in which your codes will be assigned. For example, you can decide that a specific item holds specific codes according to their categories. IF you are selling kitchen utensils, plates can have specific numbers while spoon can have their own numbers as well, learn more about this product here. The colour of the items can also help you in generating the codes. There are many other elements that you can choose to consider in numbering your products, you can click here for more. This includes the size of the product, material and even the date it was stocked. You will use these details and the inventory management systems to come up with concrete codes that can be used throughout the sales, learn more here about it.
You also need to be aware of the benefits that come along with SKUs, view here for more. You will be able to do a perfect tracking of your products, therefore there will be minimum cases of theft, check this page for more. Another crucial aspect of the codes is that, the retailer will know the products that have been sold out and therefore recharge their store with immediate effect, learn more now! You will be able to do this before buyers realize and have a bad reputation of your store. Another good aspect of the units is that, the retailer will be able to recognize the fast selling products and the slow selling products, you can click here to learn more. Through this, the retailer will know some of the reason why their products are slow moving or fast moving and come up with effective measures that will enable all their products to sell at a higher rate, click here to learn more about this company.