Which characteristics must a good product coding system possess?

A good product coding system should be simple, unique, and consistent, as these characteristics ensure that the coding is user-friendly and efficient. Simplicity allows for easy understanding and use of the coding system by all stakeholders, including staff and customers. When a coding system is unique, it ensures that each product can be distinctly identified without ambiguity, reducing errors in inventory management, ordering, and sales processing. Consistency is vital as it allows for standardization across products, which facilitates recognition and integration into various systems, such as point-of-sale systems or inventory management software. Together, these attributes enhance operational efficiency and improve communication regarding products, making it easier to track and manage them effectively.