PLU meaning in Accounts and Finance ?

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What is Price Look Up mean?

Price look-up codes, commonly called PLU codes, PLU numbers, PLUs, produce codes, or produce labels, are a system of numbers that uniquely identify bulk produce sold in grocery stores and supermarkets. The codes have been in use since 1990, and over 1400 have been assigned. The codes are administered by the International Federation for Produce Standards (IFPS), a global coalition of fruit and vegetable associations that was formed in 2001 to introduce PLU numbers globally.

Produce labeled with PLU codes eliminates the need for grocery store checkers and customers to visually identify different varieties, which can make check-out and inventory control easier, faster, and more accurate – something that is important when varieties of produce look similar but have different prices, such as organic and conventional (non-organic) varieties.

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Posted on 22 Oct 2024, this text provides information on Miscellaneous in Accounts and Finance related to Accounts and Finance. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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Miscellaneous in Accounts and Finance
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Miscellaneous in Accounts and Finance


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