ERP Term
"Work in Progress (WIP) "

Work in Progress are items that have entered the production cycle but are not yet finished.

Work in Progress (WIP) refers to items that have entered the production cycle but are not yet finished. WIP includes all aspects of a product or service currently being worked on by employees, from the initial stages of development to completion.

Work in Progress can be used to measure the progress of a company's work and how efficiently it is being completed. It is also a valuable tool for identifying areas where improvements can be made. By understanding where bottlenecks occur, businesses can change their processes to ensure work flows more smoothly and efficiently. 

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