Stock Keeping Unit (SKU)
📈 Investing
basic

Quick Definition

A Stock Keeping Unit (SKU) is a unique identifier for each distinct product and service that can be purchased.

Examples

  • 1A bookstore uses SKUs to differentiate between different editions of the same book, such as hardcover, paperback, and audiobook versions.
  • 2An electronics retailer assigns different SKUs to each model of a smartphone, varying by features like storage capacity, color, and brand.
  • 3A clothing store uses SKUs to track inventory of the same style of jeans, which are available in various sizes and colors.

Tags

inventoryretailproduct managementsupply chainSKU
Quick Info
Category:Investing
Difficulty:basic
Last Updated:6/20/2025