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Science

Supply Chain Glossary

Work in Progress Stock

    Work in Progress Stock


    Work in Progress Stock:Inventory that has been started but not yet completed. WIP includes raw materials, partially finished products, and finished products that are waiting to be shipped. Work in progress stock can also refer to the value of unfinished work, such as services or projects that are in progress but not yet billed.

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    "The innovations that the Complexica team are capable of continue to amaze me. They look at problems from the client side and use a unique approach to collaborating with and deeply understanding their customers challenges. This uniquely differentiates what they bring to market and how they deliver value to customers."

    John Ansley
    CIO, Toll Group
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