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Work in progress (WIP) is a form of inventory, usually unfinished goods which still require further work, processing, assembly and or inspection. This type of inventory is usually found within steps or sub-processes of a production process. Only raw materials which have commenced to move through their value adding processes can be classified as WIP. Raw materials which have still not been worked with are still classified as raw materials. Work in progress is usually the major type of inventory in a one bin or two bin system.
More detail on inventory management and control systems as well as definitions for related terms can be found on the inventory management pages.
Most factory and production processes will have some level of work in progress due to many reasons. Some operations use work in progress between production steps in order to meet peak demand or volatile demand patterns.
An MRP or Materials requirement planning system is a production /purchasing planning system which decomposes finish goods into their different component parts and helps set a schedule as to when these need to be produced or purchased in order to fill a certain customer order of finish goods by a certain date.
An MRP or Materials requirement planning system is a production /purchasing planning system which decomposes finish goods into their different component parts and helps set a schedule as to when these need to be produced or purchased in order to fill a certain customer order of finish goods by a certain date.
Lean training or education can be provided by a wide variety of sources and at different levels of expertise. Lean training involves imparting the basic concepts of the lean manufacturing system/ Toyota manufacturing system lean concepts introduced in japan back in the eighties by Japanese auto makers, namely Toyota. Other topics included in many lean manufacturing courses include problem solving, decision making, and operations management topics including supply chain. At a professional level, lean manufacturing and its related concepts and techniques are studied in an industrial, manufacturing or supply chain engineering degree.
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