Tag: UPC Spotlight

The Universal Product Code is a 12-character code that provides a unique identifier for each product. UPC barcodes were originally designed to help grocery stores speed up the checkout process and track their inventory more efficiently, but soon began being used for other retail products as well. The UPC code contains the manufacturer identification number (first six digits), an item number (second five digits), and a check digit (last digit). Manufacturers have the responsibility to make sure each item number is unique. Price Determination: how Does it Work? It is…

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