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Terms and Definitions

Key definitions for internal, intermediate, and final products, and product SKUs.

Internal product — Refers to a product made for internal use only (not for sale), often used as a raw material to a product SKU.

Intermediate product — Refers to a product sold to a business customer for further processing.

Final product — Refers to a product sold to the end consumer.

Product SKU — Stock Keeping Unit. Refers to a unit of product sold to a business customer or a consumer.

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