Goodsitem

Goodsitem is a unit of merchandise or stock that is treated as a discrete item within an inventory, procurement, and logistics system. In many enterprise systems, a goodsitem corresponds to a specific stock-keeping unit (SKU) or to a defined product record, and it represents a single purchasable or sellable unit of goods. The term emphasizes the item-level granularity used for tracking quantities, movements, and value.

A goodsitem has attributes such as name, description, SKU, unit of measure, lead time, cost, price, supplier, as well as location in a warehouse. Additional attributes may include batch or lot numbers, serial numbers, expiration dates, weight, dimensions, and product category. It supports operations like receiving, put-away, picking, packing, shipping, and inventory counting. In ERP and WMS, transactions are often recorded against a goodsitem to maintain traceability and valuation.

Different contexts treat goodsitem variously: in retail, it may be synonymous with a sellable product; in manufacturing, it can designate a finished good or component tracked through the bill of materials; in logistics, it is the unit moved through the supply chain. Some systems distinguish between a goodsitem as a physical unit and a 'goods' as a broader concept encompassing multiple items or categories. Properly defined goodsitem records enable accurate stock totals, batch traceability, and cost accounting.

See also: stock-keeping unit, SKU, inventory management, serial number, batch tracking.