X

PLU meaning in Accounts and Finance ?

( 5 )  .  1 Rating
19 views   .  0 comments  .   . 

Download Solution PDF

Answer: 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.

reference

Take Quiz To Earn Credits!

Turn Your Knowledge into Earnings.




Give Rating
Report
Write Your Comments or Explanations to Help Others
Comments(0)





Miscellaneous in Accounts and Finance
Miscellaneous in Accounts and Finance

Ever curious about what that abbreviation stands for? fullforms has got them all listed out for you to explore. Simply,Choose a subject/topic and get started on a self-paced learning journey in a world of fullforms.

Explore Other Libraries

X

Important Accounts and Finance Links





Copyright (c) 2021 TuteeHUB

OPEN APP
Channel Join Group Join