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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.