![Work in Process (WIP) [WIP]](https://www.oconsulting.com/wp-content/uploads/2020/01/WIP-1080x552.png)
by oConsulting | Jan 30, 2020
Work in Process (WIP) is a Lean Metric describing the number of items within the process boundaries. To determine WIP Count allproduct between process stepsproducts being transformed at the momenthalf-finished goods which are stored in the warehouse between processes...
by oConsulting | Jan 30, 2020
Costs of using resources beyond what is needed to meet customer requirements. E.g. costs of OverproductionWaitingTransportOverprocessingInventoryMotionetc. Read also: Types of...
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