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WBSP96: Grow Your Business by Understanding the Implications of SKU Numbering Scheme on Business Processes, a Live Interview w/ a Panel of Experts

WBSP96: Grow Your Business by Understanding the Implications of SKU Numbering Scheme on Business Processes, a Live Interview w/ a Panel of Experts

FromWBSRocks: Business Growth with ERP and Digital Transformation


WBSP96: Grow Your Business by Understanding the Implications of SKU Numbering Scheme on Business Processes, a Live Interview w/ a Panel of Experts

FromWBSRocks: Business Growth with ERP and Digital Transformation

ratings:
Length:
56 minutes
Released:
Jul 1, 2021
Format:
Podcast episode

Description

Stock keeping unit (SKU) could be a dummy number, and you might feel how important a number could be. Well, your SKU is a binding thread that ties all your business processes that interact with your products. You could quickly outgrow your SKU numbering strategy if you don't have a flexible numbering scheme to accommodate your near future requirements. The SKU numbers could also impact your customer experience as they are used internally to identify your products. They are also used externally to cross-reference vendor part numbers and search products inside a store or on order forms and invoices.In today's episode, we invited an expert panel of cross-functional experts for a live interview on LinkedIn who brings significant expertise with the SKU numbering scheme and e-commerce to discuss how SKU numbers impact your business processes. We also discussed several stories of poor numbering schemes and best practices that impacted internal efficiencies and customer experience because of the numbering strategies. Finally, we discussed how to design SKU numbers to accommodate current and future requirements without impacting SEO, vendor, and customer interactions and causing any legal and copyright issues.For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.
Released:
Jul 1, 2021
Format:
Podcast episode

Titles in the series (100)

WBSRocks podcast features in-depth conversations on ERP, digital transformation, manufacturing, supply chain, eCommerce, and industry 4.0. The purpose of the show is to help CFOs, COOs, CEOs, and business owners with their daily operational and financial growth challenges by taking a deep dive into business cases and processes, technology strategy and architecture, transformation initiatives, and business models. The show also offers an independent analysis of technology trends, various ERP vendors and solutions, and enterprise software mergers and acquisitions. Subscribe today to stay on top of digital transformation trends!