Terms and Definitions
Understanding Internal, Intermediate, and Final Products: Key Definitions for Users
Internal product - Refers to a product made for internal use only (not for sale), often used as a raw material to a product SKU.
Intermediate product - Refers to a product sold to a business customer for further processing.
Final product - Refers to a product sold to the end consumer.
Product SKU - Stock Keeping Unit. Refers to a unit of product sold to a business customer or a consumer.