MANAGEMENT

BUISENESS MANAGEMENT

INVENTORY MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
An inventory item
A
Stock Keeping Unit
B
Safety Stock
C
Usage
D
Finished Goods
Explanation: 

Detailed explanation-1: -A Stock Keeping Unit (SKU) is a unique identifier for a product, typically assigned by a retailer or manufacturer. It is used to track inventory and is typically associated with a product’s barcode. An example of a SKU is XYZ12345. This would be the unique identifier for a specific product, such as a T-shirt.

Detailed explanation-2: -SKU (pronounced “skew”), short for stock keeping unit, is used by retailers to identify and track its inventory, or stock. A SKU is a unique code consisting of letters and numbers that identify characteristics about each product, such as manufacturer, brand, style, color, and size.

Detailed explanation-3: -SKU stands for “stock keeping unit” and-as the name suggests-it is a number (usually eight alphanumeric digits) that retailers assign to products to keep track of stock levels internally. If a product has different colors and sizes, each variation has a unique SKU number.

Detailed explanation-4: -In inventory management, a stock keeping unit (abbreviated as SKU and pronounced /ˌɛsˌkeɪˈjuː/ ESS-KAY-YOO or /ˈsk(j)uː/ SK(Y)OO) is the unit of measure in which the stocks of a material are managed.

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