To achieve to play a successful management in the store, there are that know how to take a good control of our merchandise, such is the case of the codes SKU Do you know how they work? Find out in this post.
In the business of retail, it is important to control each one of the processes involved in the smooth running of your operationsthis does not escape the inventory of merchandise, in which it is important to itemize all the information of the products available in the store.
Retailers use coding systems to keep track of your inventorythe use of these codes can make the difference when stores need to know when to reorder products and to get an indicator of which are the ones that move more quickly.
What is SKU?
Known for its acronym in English SKU, which translates as the Unit of maintenance of existence. Each SKU to represent a product that is for sale and is composed of a unique set of characters that are purely related to that particular element.
Each code has variations that refer to parts of your product, and, unlike other daily use as the bar code, the SKU can be read and understood by humans.
However, the biggest advantage of a SKU is that allows the retailers to perform reads of stock, more accurate, more, giving them the ability to save time and money, and above all, provide a compliance extremely efficient.
It is also important to highlight as it is formulated codes SKU for use within the retail. This it is made up of alphanumeric characters that are usually a combination of one to eight characters long, where we describe the details of a productsuch as color, size, style, manufacturer, brand, and until its price.
For example, the SKU for sleeves type short sleeve, blue color and a size XS, can be read under the code CAM-MC-AZU-XS.
Benefits of the SKU in the retail
Among the many benefits of the use of SKU in the retail sector is the fact that you can quickly set up the relationship between the products and the consumer preferences. For example in e-commerce makes it possible to select elements to display as suggestions to customers.
With the SKU of an item, a retailer is able to perform a track your inventory and of their sales through detailed reports in real-time.
Another one of its big advantages is to allow to know the availability of units of a product in the store. Lto inventory management it is the main function of a SKU, but also can improve the shopping experience of the customer, as capable of electronically identifying your stock levels, which reduces the waiting time of the customer.
Through the use of a ecosystem SKU is it possible to streamline the customer, since this tool combined with the technology of scanners, portable, allows store personnel able to check inventory and locate the product quickly.
SKU contributes to the strategic decision-making regarding the selection of products to sell in the shopthis is possible thanks to the tracking of the variants of the product that allows you to measure the individual characteristics of each and their behavior in terms of sales.
The chances of choosing and packing a wrong product which is desired by the customer are reduced thanks to a SKU, so you shouldn't have to worry about sending accidentally pant khaki size 38 to someone who actually asked for a pair of socks.
The SKU is not only efficient in case of large chains of retail, but also for the smallest retailers, since the use of the SKU can help you to build your inventory database, where it is properly managed stock and as it is being developed to contribute to the growth of your store.
Conclusion
A maintenance unit of stock or SKU, is an identification code of the product used in the retail stores, which are often displayed as a code readable by a machine that helps track the item for the inventory.
The stores use a SKU to determine what items are in stock and which should be re-ordered, with the purpose of being able to increase profits.
When the SKU is applied correctly, the results obtained are efficient, fast, summarized and without errors, using a system SKU, you can save valuable time and gain a level of certainty instant.
