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In inventory management, a stock keeping unit (abbreviated as SKU, pronounced or ) is the unit of measure in which the stocks of a material are managed. It is a distinct type of item for sale, purchase, or tracking in inventory, such as a product or service, and all attributes associated with the item type that distinguish it from other item types (for a product, these attributes can include manufacturer, description, material, size, color, packaging, and warranty terms). When a business records the inventory of its stock, it counts the quantity it has of each unit, or SKU. SKU can also refer to a unique identifier or code, sometimes represented via a
barcode A barcode or bar code is a method of representing data in a visual, Machine-readable data, machine-readable form. Initially, barcodes represented data by varying the widths, spacings and sizes of parallel lines. These barcodes, now commonly ref ...
for scanning and tracking, which refers to the particular stock keeping unit. These identifiers are not regulated or standardized. When a company receives items from a vendor, it has a choice of maintaining the vendor's SKU or creating its own. This makes them distinct from Global Trade Item Number (GTIN), which are standard, global tracking units. The
Universal Product Code The Universal Product Code (UPC or UPC code) is a barcode#Symbologies, barcode symbology that is used worldwide for tracking trade items in stores. The chosen symbology has bars (or spaces) of exactly 1, 2, 3, or 4 units wide each; each decimal ...
(UPC), European Article Number (EAN), and Australian Product Number (APN) are special cases of GTINs.


Meaning in software

SKU is also used in
Software Software consists of computer programs that instruct the Execution (computing), execution of a computer. Software also includes design documents and specifications. The history of software is closely tied to the development of digital comput ...
and
Software as a service Software as a service (SaaS ) is a cloud computing service model where the provider offers use of application software to a client and manages all needed physical and software resources. SaaS is usually accessed via a web application. Unlike o ...
(SaaS), including
Cloud computing Cloud computing is "a paradigm for enabling network access to a scalable and elastic pool of shareable physical or virtual resources with self-service provisioning and administration on-demand," according to International Organization for ...
. Cloud service providers such as
Google Cloud Platform Google Cloud Platform (GCP) is a suite of cloud computing services offered by Google that provides a series of modular cloud services including computing, Computer data storage, data storage, Data analysis, data analytics, and machine learnin ...
present different purchasable variations of the product or service as SKUs.


See also

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Part number A part number (often abbreviated PN, P/N, part no., or part #) is an identifier of a particular part design or material used in a particular industry. Its purpose is to simplify reference that item. A part number unambiguously identifies a part ...
*
Price look-up code Price look-up codes, commonly called PLU codes, PLU numbers, PLUs, produce codes, or produce labels, are a system of numbers that uniquely identify bulk produce sold in grocery stores and supermarkets. The codes have been in use since 1990, and ...
*
Catalog number (commercial products) A catalog number is an identification number assigned to a purchasable product by an organization which sells goods. It is similar to the concept of a stock keeping unit It is sometimes overlapping but typically distinct from the concept of a pa ...
*
Amazon Standard Identification Number An Amazon Standard Identification Number (ASIN) is a 10-character alphanumeric unique identifier assigned by Amazon.com and its partners for product identification within the Amazon organization. They were designed in 1996 by Rebecca Allen, an A ...


References

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External links


Stock Keeping Unit – SKU
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Investopedia Investopedia is a global financial media website headquartered in New York City. Founded in 1999, Investopedia provides investment dictionaries, advice, reviews, ratings, and comparisons of financial products, such as securities accounts. It ...

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Encyclopædia Britannica The is a general knowledge, general-knowledge English-language encyclopaedia. It has been published by Encyclopædia Britannica, Inc. since 1768, although the company has changed ownership seven times. The 2010 version of the 15th edition, ...
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GoodRelations GoodRelations is a Web Ontology Language-compliant ontology for Semantic Web online data, dealing with business-related goods and services. It handles the individual relationships between a buyer, a seller and the products and services offered. In ...
ontology.
What Is SKU: Meaning For Business, Examples, How To Use
at Simtech Development's Blog Product classifications Inventory