At any given time, a portion of the inventory in a manufacturing operation is in the process of being transformed from raw materials or components into finished goods. Refereed to as a work in ...

Inventory can be classified into three major categories: raw materials, work in process and finished goods. Work in process (WIP) inventory consists of goods that have begun but not yet completed ...

I recently read an article that drove me crazy. In discussing “work-in-process” it talked about “pull systems” and how they are essential to lean success. It also discussed that pull systems are ...