KU3

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KU3, also known as Klassifikation Universal, is a standardised classification system for points of sale that has been developed by the European Commission to make it easier for European retailers to identify and divide goods. KU3 is the only standardised classification system available in Europe, and its aim is to streamline the processes involved in pricing, ordering, and logistics by making sure that each product\'s identity is clearly and accurately identified. By using the KU3 classification system, retailers, distributors, and suppliers can more efficiently organise their products according to their desired criteria, instead of having to manually categorise each product.

KU3 is based on three main concepts: modularity, standardisation, and optimisation. Modularity allows for the classification system to be tailored to any given business, while standardisation ensures that every product is classified according to the same standardised criteria. Finally, optimisation allows retailers to determine the most efficient and effective way of classifying their goods, by taking into account factors such as price, production and delivery time, and customer preferences.

The classification system is built on four distinct levels, which together make up the KU3 hierarchy. The first of these four levels is the “primary” level, which is made up of the six main classifications: merchandise, division, family, sub-family, group and sub-group. Each of these classifications is further divided into more specific categories.

The second level of the hierarchy is the “secondary” level, which is designed to provide more detailed information about each product. This level is mainly used by product managers and buyers, and it includes the product description, size, colour, and other miscellaneous details.

The third level of the KU3 hierarchy is the “tertiary” level, which is designed to help retailers manage their stock. This level includes the product codes, which allow retailers to track each item in their inventory.

Finally, the fourth and final level of the KU3 hierarchy is the “quaternary” level, which is used to track customer buying habits. This level provides the information retailers need to determine which products are popular and which are not.

In order to use the KU3 classification system, retailers must first decide on which type of product they wish to classify. Once this has been established, they can then submit the relevant product information to the system and the system will automatically structure the data into the four levels of the KU3 hierarchy. The system also offers a range of reports and analysis tools, which can be used to accurately monitor the performance of the retail operations.

KU3 is widely used across the European Union, and is gradually becoming adopted by retailers in other parts of the world. By making it easier for retailers to accurately classify their products, the system helps them to streamline their day-to-day operations and improve their customer service.

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