Definition
A unique identifier assigned to each distinct product or variant for inventory tracking, distinguishing items by attributes such as size, colour or pack. Managing the number of SKUs is important because each adds complexity and holding cost. Businesses use SKUs to track stock levels, sales and replenishment.
Frequently asked questions
What is SKU (Stock-Keeping Unit)?
A unique identifier assigned to each distinct product or variant for inventory tracking, distinguishing items by attributes such as size, colour or pack. Managing the number of SKUs is important because each adds complexity and holding cost. Businesses use SKUs to track stock levels, sales and replenishment.
Which glossary terms are related to SKU (Stock-Keeping Unit)?
SKU (Stock-Keeping Unit) is a supply chain & warehousing term in the South African import/export industry. Related terms in the same area include 3PL (Third-Party Logistics), 4PL (Fourth-Party Logistics), ABC Analysis, Bonded Logistics, Bonded Warehouse (SOS/OS) — each has its own plain-English definition in the TradeCaravan glossary.