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.
Acronym | Full Form |
---|---|
BPL | Below Poverty Line |
CA | Chartered Accountant |
CAG | Comptroller and Auditor General of India |
COB | Close of Business |
CRR | Cash Reserve Ratio |
CST | Central Sales Tax |
CTS | Cheque Truncation System |
ECC | Excise Control Code |
EMI | Equated Monthly installment |
FDI | Foreign Direct Investment |
FEMA | Foreign Exchange Management Act |
GDP | Gross Domestic Product |
GST | Goods and Service Tax |
IPO | Initial Public Offering |
IT | Income Tax |
KYC | Know Your Customer |
NASDAQ | National Association of Securities Dealers Automated Quotations |
NIFTY | National Stock Exchange Fifty |
NPA | Non Performing Assets |
PSI | Population Services International |
SENSEX | Stock Exchange Sensitive Index |
SIP | Systematic Investment Plan |
SLA | Service Level Agreement |
TA & DA | Travelling Allowance & Dearness Allowance |
TAN | Tax Deduction and Collection Account Number |
TIN | Taxpayer Identification Number |
VAT | Value Added Tax |
TDR | Ticket Deposit Receipt |
CTC | Cost to Company |