Shopfloor Matters
Glossary

WIP

Work in progress

In practice

WIP covers two different things. It can be a semi-finished material with its own material number in ERP, tracked and costed like any other stock. Or it can be material part-way through its routing, with some operations complete, that hasn't yet become a semi-finished or finished material. The second kind is usually only visible in MES/MOM. When you can trust real-time WIP data, you stop holding buffers to cover for not trusting it, which frees working capital.

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