Stock keeping unit

About

Thing
In the field of inventory management, a stock keeping unit is a distinct type of item for sale, such as a product or service, and all attributes associated with the item type that distinguish it from other item types.
Stock keeping unit
Definition
In the field of inventory management, a stock keeping unit is a distinct type of item for sale, such as a product or service, and all attributes associated with the item type that distinguish it from other item types.
Stock keeping unit
Stock keeping unit
In the field of inventory management, a stock keeping unit is a distinct type of item for sale, such as a product or service, and all attributes associated with the item type that distinguish it from other item types.

Mentions

The low-cost, low-price business model is well developed; low prices for products in limited amounts leads to high store traffic and fast inventory turnover. The limited assortment, both in variety of SKUs and the quantity per SKU, and quick inventory turnover creates a treasure hunt experience that keeps consumers coming back with an urgency to buy. MINISO embraced this model, carrying only 3,000 SKUs on average per store. The products turn over in 21 days and new products arrive every seven days.

See also

See also: