Listen to 300+ podcasts by best-selling authors, published Wednesday, 4pm EST!

Inventory Management and SKU tags

Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Inventory Management and other Shopping Cart topics.

What is a SKU in terms of inventory management?

Inventory Management and SKU tags

An SKU is a unique identifier associated with your products. Each product you offer, when using an inventory management program, will correspond to a SKU. That SKU is then tracked in your inventory management software when sales occur or deliveries are made; increasing and decreasing as product supplies change. What this provides you, as an online business owner, is the ability to have inventory control management-- knowing when to buy more of an item or create a big, blow-out sale to get rid of overstock.

   

Comments

Nobody has commented on this tip yet. Be the first.



Name:


URL: (optional)


Comment:


Not finding the advice and tips you need on this Shopping Cart Tip Site? Request a Tip Now!


Guru Spotlight
Sheri Ann Richerson