Stock-Keeping Unit (SKU)
Definition - What does Stock-Keeping Unit (SKU) mean?
SKUs are used in inventory data management for distinguishing, sorting and recording a tangible or nontangible products.
A stock-keeping unit may also be referred to as a product identifier, product number or item number. It is often referred to as a SKU number
Techopedia explains Stock-Keeping Unit (SKU)
Although, there is no specific de facto standard for creating SKUs, each variation of the same product must have a unique code. For example; a computer’s model number must be the same for all the similar units produced, but their SKUs will differ based on their color, geographical distribution channel or the different factories in which they were manufactured.