Just like the Harmonized System code (HS Code), the Stock Keeping Unit (SKU) also serves to classify products, but each has a different purpose and is used in different scenarios.
The HS code is like a universal language of international trade and is used to classify products globally, allowing their identification anywhere. In contrast, the SKU code is internal to each company and is used to manage its inventory.
Each company creates its own SKU codes, so there is no standard outside its working environment.
In summary, the HS code classifies products globally, while the SKU code helps you organize your own stock within the company.
What is the SKU code used for?
The SKU code provides you with an efficient and standardized way to manage your company's inventory and sales data.
At ShipSmart, when importing recurring items, product details will be automatically completed after entering the SKU or product name during the creation of a shipment or quotation.
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