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SKU : Stock Keeping Unit

Finance

What is the full form of SKU?

SKU stands for "Stock Keeping Unit"

SKU represents a Stock Keeping Unit. It is an item ID code that exceptionally recognizes an item. It helps track an item for a stock reason. The code may likewise be known as item identifier or item number however, for the most part, it is alluded to as SKU number.

The SKU code may comprise letters, numbers, or both the letters and numbers. For instance, in a Garment Showroom SKU of pants is 7250 - GN-34. The initial segment of the code connotes the style of pants and the subsequent part means the shade of pants, the third part implies the size of pants.

SKU code should be interesting for the item as well as for every variety of the item. For instance, the model number of comparative PCs should be the same however their SKUs will vary depending on their shading, appropriation channel, and the creation unit. Along these lines, the SKU gives explicit insights regarding an item that separates it from its other comparable variations. The retail locations are additionally subject to SKU to distinguish the item, host, and producer of the product.

Suggestions:

AcronymFull Form
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CAChartered Accountant
CAGComptroller and Auditor General of India
COBClose of Business
CRRCash Reserve Ratio
CSTCentral Sales Tax
CTSCheque Truncation System
ECCExcise Control Code
EMIEquated Monthly installment
FDIForeign Direct Investment
FEMAForeign Exchange Management Act
GDPGross Domestic Product
GSTGoods and Service Tax
IPOInitial Public Offering
ITIncome Tax
KYCKnow Your Customer
NASDAQNational Association of Securities Dealers Automated Quotations
NIFTYNational Stock Exchange Fifty
NPANon Performing Assets
PSIPopulation Services International
SENSEXStock Exchange Sensitive Index
SIPSystematic Investment Plan
SLAService Level Agreement
TA & DATravelling Allowance & Dearness Allowance
TANTax Deduction and Collection Account Number
TINTaxpayer Identification Number
VATValue Added Tax
TDRTicket Deposit Receipt
CTCCost to Company