Style Numbers and SKUs
Table of Contents:
- How to Create Style Numbers and SKUs for Your Small Business
- FAQs About Style Numbers and SKUs
- Watch the full video below.
How to Create Style Numbers and SKUs for Your Small Business
Introduction: The Importance of Style Numbers and SKUs
Are you wondering how to keep your inventory organized? Understanding and implementing style numbers and SKUs can streamline your business processes. These essential tools for inventory management not only enhance organization but also simplify order fulfillment. This blog will explain how to create style numbers and SKUs, their differences, and how to tailor a system that works for your small business.
What Are Style Numbers and SKUs?
Style numbers and SKUs (Stock Keeping Units) may seem similar, but they serve distinct purposes:
- Style Numbers: Customer-facing identifiers, often used for branding and product recognition.
- SKUs: Internal codes that include detailed information such as size, color, and order type.
While style numbers are concise and easy to recognize, SKUs are more detailed for tracking inventory efficiently.
Creating a System for Style Numbers
1. Choose Your Format
Decide whether to use numbers, letters, or a combination:
- Number System: Sequential numbering often linked to categories.
- Letter System: Use abbreviations for brands or product categories.
- Combination: Mix letters and numbers to create a versatile system.
- Naming System: Use memorable names, ideal for high-end boutiques.
2. Customize to Your Needs
Tailor your style numbers to reflect key details about your products. For example:
- First two letters for brand or collection.
- Category indicators (e.g., “1” for tops, “9” for dresses).
- Unique identifiers for individual styles.
How to Build Effective SKUs
1. Start with the Style Number
The SKU often begins with the style number, ensuring consistency.
2. Add Key Details
Expand the SKU with:
- Order type (e.g., drop ship or sample).
- Color abbreviations (e.g., “BLK” for black, “RED” for red).
- Size details (e.g., “S” for small, “L” for large).
3. Keep It Organized
Use underscores or dashes to separate components for clarity, like this:
NR9000_BLK_S
Using a Spreadsheet for Organization
To avoid duplication and improve efficiency, maintain a spreadsheet for tracking style numbers and SKUs:
- Include product images alongside identifiers.
- Update the list consistently as new products are added.
- Use software like Excel or Numbers for easy management.
Adapting Your System Over Time
As your business grows, you may find areas for improvement in your system. For instance, you might simplify by removing unnecessary details, like fabric codes, to make identifiers more user-friendly.
Why Style Numbers and SKUs Matter
- Streamlined Operations: Simplify inventory tracking and order fulfillment.
- Enhanced Customer Experience: Easy identification of products boosts branding.
- Accurate Inventory Management: Reduce errors in stock tracking.
Conclusion: Simplify Your Inventory Today
Creating a system for style numbers and SKUs doesn’t have to be overwhelming. By tailoring your approach to your business needs, you’ll enhance organization, improve efficiency, and set the foundation for growth. Start with a simple system, and refine it as your business evolves.
Learn more small business tips here to run your business efficiently.
FAQs About Style Numbers and SKUs
1. What is the difference between a style number and a SKU?
A style number is customer-facing and often used for branding, while a SKU includes detailed inventory data like size and color.
2. How long should a style number be?
Style numbers typically range from 3 to 7 characters for simplicity.
3. Can I use the same style number for multiple SKUs?
Yes, a single style number can represent a product line, with SKUs detailing variations like size and color.
4. What software is best for tracking SKUs?
Excel, Numbers, and specialized inventory tools like QuickBooks are excellent options for tracking SKUs.
5. How do I prevent SKU duplication?
Use a spreadsheet or inventory management system to track and update SKUs regularly.
Watch the full video below.
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Key Timestamps in this video:
00:00 – Introduction
Overview of creating style numbers and SKUs for small business inventory.
00:25 – Difference Between Style Numbers and SKUs
Explaining that style numbers are customer-facing, while SKUs are for internal inventory management.
01:15 – Common Approaches to Style Numbers and SKUs
Using the same or different identifiers for style numbers and SKUs, depending on system preferences.
02:12 – Elements of a SKU
Breaking down SKUs to include style number, color, size, and order type.
03:24 – Methods to Create Style Numbers
Choosing between number systems, letter systems, or a combination for style numbers.
04:15 – Example of a Combination System
Using letters to indicate categories (e.g., women’s, men’s) and numbers for individual styles.
05:28 – Creating Style Numbers for Categories
Demonstrating how numbers can represent categories, seasons, or other details.
06:10 – Naming System for Style Numbers
Using names for products, especially in industries like denim or handbags, to improve branding.
07:19 – Challenges with the Naming System
Discussing why naming systems may not work for businesses with a large inventory.
07:45 – Designing SKUs for Internal Use
Explaining how SKUs include additional information for order fulfillment and inventory tracking.
09:20 – Customizing SKUs for Your Business
Adding details like drop shipping, sample orders, or prepack types to SKUs.
10:28 – Tools for Organizing Style Numbers and SKUs
Using spreadsheets to avoid duplication and keep style numbers organized with pictures.
11:32 – Closing Thoughts
Encouraging businesses to adapt and refine their systems over time to meet their needs.
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