In the world of e-commerce and print on demand, inventory management and product tracking are crucial for the success of your business. One of the most effective ways to keep track of your products and inventory is by using Stock Keeping Units (SKUs). In this article, we will discuss the importance of using SKUs in a print on demand t-shirt business, the benefits of using them, and how to implement them effectively.
What are SKUs and How Do They Work?
SKUs, or Stock Keeping Units, are unique codes assigned to each product in your inventory. They are used to track and identify products, making it easier to manage your inventory and keep track of stock levels. SKUs can include letters, numbers, or a combination of both and can be used to identify specific information about a product such as size, color, or design.
Benefits of Using SKUs in a Print on Demand T-Shirt Business
Using SKUs in a print on demand t-shirt business has several benefits that can help improve efficiency and accuracy in your operations. One of the main benefits is the ability to track inventory levels and stock status in real-time. This allows you to quickly and easily identify which products are running low on stock and which need to be reordered. Additionally, using SKUs makes it easier to track sales and revenue for specific products, allowing you to better understand which products are performing well and which may need to be phased out.
Another benefit of using SKUs is the ability to easily identify and locate specific products in your warehouse or storage facility. This can save time and reduce errors when fulfilling orders, as well as make it easier to perform physical inventory counts.
Finally, using SKUs can also make it easier to manage multiple variations of the same product, such as different colors or sizes. By assigning a unique SKU to each variation, you can easily track inventory levels and sales for each specific product.
Read More: Mastering Print on Demand Shipping
What Kind of Data Should Be Included in a SKU?
When creating SKUs for your t-shirt products, it's important to include certain data that will make it easy to identify and track each product. Some key pieces of information to include in your SKUs are:
- Product Type: This could be a simple code or abbreviation that indicates the product is a t-shirt, such as "TS" or "T-SHIRT."
- Color: Including the color of the t-shirt in the SKU can help you quickly identify and locate products in your warehouse or storage facility. For example, a black t-shirt could have a SKU of "TS-BLK" and a red t-shirt could have a SKU of "TS-RED".
- Size: Similar to color, including the size of the t-shirt in the SKU can help you easily identify and locate products in your inventory. You could have a SKU like "TS-BLK-S" and "TS-BLK-M" for small and medium sizes respectively
- Design or Print: If your t-shirt business offers multiple designs or prints, it's important to include this information in the SKU. This will help you track sales and inventory levels for each specific design or print.
- Product Id: To add an extra layer of identification, you can include a product id number in the SKU. This can be a simple sequential number that will make it easy to track and identify each product in your inventory.
By including this type of data in your SKUs, you will be able to quickly and easily identify and track each product in your inventory. Additionally, having this information readily available in the SKU can help you make more informed decisions about inventory levels, sales, and product offerings.
How to Implement SKUs in Your Print on Demand T-Shirt Business
Implementing SKUs in your print on demand t-shirt business is relatively simple, but it does require some planning and organization. Here are some steps you can take to get started:
- Assign a unique SKU to each product in your inventory. This can include letters, numbers, or a combination of both.
- Create a spreadsheet or inventory management system to track and store your SKUs. This should include information such as product name, SKU, stock levels, and sales data.
- Use your SKUs in all aspects of your business, including your website, order fulfillment process, and accounting software.
- Keep your SKUs organized and up to date. This includes regularly reviewing and updating your inventory management system, as well as regularly performing physical inventory counts to ensure accuracy.
- Train your employees on the importance and proper use of SKUs in your business.
Read More: How to Measure Your Print on Demand Success
In conclusion, using SKUs in your print on demand t-shirt business can greatly improve your inventory management and product tracking. By assigning unique codes to each product, you can easily track stock levels, sales, and revenue, as well as locate specific products in your warehouse or storage facility. With proper implementation and organization, using SKUs can help increase efficiency and accuracy in your operations and lead to a more successful business.