Work in Progress Inventory

[@sion9453]

Great explanation thank you!!

[@LeanStrategiesInternationalLLC]

Glad it was helpful @sion9453. Please feel free to #share it with your friends. Also, if you would like more #supplychain and #operations content please feel free to visit our website here: www.leanstrategiesinternational.com/

[@angelobrunetti3660]

Thanks!

[@LeanStrategiesInternationalLLC]

You are very welcome! And, thank you for your kind response. Remember, you can find more information on work in progress #inventory here: www.leanstrategiesinternational.com/glossary/work-in-progress-wip

[@stefanomastropietro9040]

Work in Process or progress ?

[@LeanStrategiesInternationalLLC]

Hi @stefanomastropietro9040 Great question! WIP, is referred to as Work in progress and/or process. Both refer to one form of inventory. WIP is the work that is in process or production at a stage that falls between raw material and finished product. You can find more information Here: www.leanstrategiesinternational.com/glossary/work-in-progress-wip