ERP Term
"Finished Goods"

Finished Goods are items that are fully produced and ready to ship.

Finished goods are products that have been completed and are ready to be shipped. These products have gone through all the necessary steps in the manufacturing process and are now complete.  

Many types of finished goods range from simple items like clothing to more complex items like automobiles. Depending on the product type, a few final steps can be involved before it is considered "finished." For example, testing or quality control may need to be performed on electronics or other delicate items.  

Once finished goods are complete, they can either be stored until they are needed or shipped out to customers immediately. This decision will depend on customer demand and company inventory levels. 

Related Blog Articles

smart-factory-potatoe-chip-production.png
Fresh, Fast & Future-Proof: The Smart Way to Produce Dairy
Milk production is one of the most demanding sectors in food manufacturing, where quality, consistency, and safety are non-negotiable. Unlike other industries, dairy processing requires precise control over every stage - from raw milk intake to packaging - to maintain strict hygiene standards and ensure uniform product quality. This level of precision is only possible through advanced automation and data-driven decision-making. That’s where SIX ERP comes in. By integrating real-time...
Implementing ERPs in manufacturing companies - Tips and Considerations
Implementing ERPs in manufacturing companies - Tips and Considerations
Are you considering implementing an ERP in your manufacturing company? It's a big decision, and there's much to consider. But don't worry - we're here to help. This blog post will share tips and tricks for making the most of your ERP implementation. Whether you're just starting or you've been working with ERPs for years, we hope you'll find these tips helpful. So let's get started! 
smart-factory-potatoe-chip-production.png
Smart Factories for Smart Snacks: How SIX ERP Transforms Food Production
As the CEO and mastermind behind our ERP implementations, I’ve seen firsthand how manufacturing is evolving. It’s no longer just about efficiency - it’s about intelligence, adaptability, and staying ahead of the curve. At SIX ERP, we don’t just implement software; we engineer smart, scalable solutions that transform production lines into data-driven, automated ecosystems.One of our most exciting challenges? Equipping a new potato chips factory with a fully automated, sensor-driven...

Related SIX ERP Solutions:

Want to see SIX for yourself?

Need help, have questions or want to get a free demo?

Please read our Privacy Policy on how we process personal data. We will never share your data!