What is Quick Commerce – Definition, Examples, Business Model, Benefits

The news of big companies hopping onto the quick commerce bandwagon has created a buzz in the market about this business model. Recently, Zepto promised to deliver the groceries in 10 mins, Grofers rebranded itself as ‘Blinkit’ & adopted the quick commerce model, Swiggy is increasing its delivery persons to offer qcommerce services, Dunzo is… Continue reading What is Quick Commerce – Definition, Examples, Business Model, Benefits

Stock Keeping Unit (SKU): Meaning & Usage Guide

What is SKU? – Definition or Meaning SKU (Stock Keeping Unit) is a product identifier that makes it easier for businesses to maintain the stock levels of the products internally. In other words, SKU is a unique number or code that is assigned to each product type to keep track of the inventory levels.