Why are SKUs Important?
SKUs are the unsung heroes of retail. These unique product identifiers unlock a treasure trove of benefits that streamline your operations and fuel smarter business decisions.
Crafting an Efficient SKU System for Your BusinessChoosing the Right Approach Selecting the ideal method for creating SKUs depends on your business size and inventory complexity. Here's a breakdown of the two main options: Automated SKU Creation (Recommended) This is the simplest and most efficient approach for businesses with a large or rapidly growing product catalog. Inventory Management Systems (IMS) or Point-of-Sale (POS) systems offer automated SKU generation. These software solutions:
If you have a limited product catalog, creating SKUs manually might be suitable. Here's a step-by-step guide to develop a structured system:
|