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In inventory management, a stock keeping unit (abbreviated as SKU, pronounced es-kay-YOO or SKEW [1]) is the unit of measure in which the stocks of a material are managed.It is a distinct type of item for sale, [2] purchase, or tracking in inventory, [3] such as a product or service, and all attributes associated with the item type that distinguish it from other item types (for a product ...
In this example, "HSC0424PP" is the part number. It may be prefixed in database fields as "PN HSC0424PP" or "P/N HSC0424PP". The "Part Number" term is often used loosely to refer to items or components (assemblies or parts), and it's equivalent to "Item Number", and overlaps with other terms like SKU (Stock Keeping Unit).
PLU stickers with the number 4130 identifying them as Large Cripps Pink apples PLU code 4033 are for regular small lemon sold in the U.S.. Price look-up codes, commonly called PLU codes, PLU numbers, PLUs, produce codes, or produce labels, are a system of numbers that uniquely identify bulk produce sold in grocery stores and supermarkets.
Global Trade Item Number (GTIN), including RCN-8, GTIN-8, GTIN-12, GTIN-13, ISBN, ISMN, ISSN for a class of products, goods or services; GTIN + Batch/Lot (LGTIN) Serialised Global Trade Item Number (SGTIN) for an individual product with a serial number; Serial Shipping Container Code (SSCC) for logistics assets
The Global Trade Item Number (GTIN) is an identifier for trade items, developed by the international organization GS1. [1] Such identifiers are used to look up product information in a database (often by entering the number through a barcode scanner pointed at an actual product) which may belong to a retailer, manufacturer, collector, researcher, or other entity.
This number tells how much cash/goods are tied up waiting for the process and is a critical measure of process reliability and effectiveness. So a factory with two inventory turns has six months stock on hand, which is generally not a good figure (depending upon the industry), whereas a factory that moves from six turns to twelve turns has ...
A Local Stock Number is an experimental, substitute, or limited issue item. Its NCB code is replaced by "LL" and the first three characters of its item number are "L99". For instance, the experimental 5.56×45mm NSWC Crane Close Quarters Battle Receiver was originally codified as 1005-LL-L99-5996.
ABC analysis is similar to the Pareto principle in that the 'A' items will typically account for a large proportion of the overall value, but a small percentage of the number of items. [4] Examples of ABC class are: ' A ' items – 20% of the items account for 70% of the annual consumption value of the items