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Some Important Information about Stock Keeping Units
Every supplier want to control the sales and stocking of their products. There are lots of benefits associated with right management of your products. The main way of ensuring that your store is well managed is by the use of the stock keeping units. SKUs are unique codes that are assigned to various products in a store to ensure that it can easily be tracked from the moment it is stocked to the point of being sold out. There are several things that retailers need to know concerning the SKUs. This article highlights some of the important things that you should always bare in mind when you hear the term SKU.
This is a unique code for each and every product. No products should miss this code to avoid confusion. Every product that comes in as stock should be assigned a different code. This will make it easy for the product to be tracked the moment it starts selling and even when it is sold out.
SKUs will be done at your store by the relevant authority. You can choose the manner in which your codes will be assigned. For instance, consider giving codes as per the categories of your item. 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. You can as well choose colours to indicate specific 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. This unique numbers will be assigned by the use of inventory management systems, check here for more info.
It is also a good thing for the retailer to know the advantages that comes along with using the SKU, click here for more info. 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 main benefit of using the SKU is that you will know the products that are almost going out of stock and fill your stock immediately, get ore infor here. You will be able to recharge your stock before getting bad reputation from purchasers, you can check it out! Another benefit of the SKUs is that, you will recognize the items that are fast and slow selling, get more info about this service here. This way you can come up with mechanism that will make the slow selling products to go fast,, you can discover more here.