Work in process
id:
work-in-process-306-13450780
title:
Work in process
text:
Work in process or work-in-process, (WIP), work in progress (WIP), goods in process, or in-process inventory refers to a company's partially finished goods waiting for completion and eventual sale, or the value of these items. The term is used in supply chain management, and WIP is a key input for calculating inventory on a company's balance sheet. In lean thinking, inappropriate processing or excessive processing of goods or work in process, "doing more than is necessary", is seen as one of the
brand slug:
wiki
category slug:
encyclopedia
description:
Partially finished goods waiting for completion and eventual sale or value of these items
original url:
https://en.wikipedia.org/wiki/Work_in_process
date created:
date modified:
2024-03-22T12:41:02Z
main entity:
{"identifier":"Q357662","url":"https://www.wikidata.org/entity/Q357662"}
image:
fields total:
13
integrity:
14