|Category||:||Business » Business Terms|
What does WIP mean?
Work-In-Progress (WIP) or Work in Process (WIP) refers to an inventory account that's holding partially finished goods that are awaiting completion.
WIP is a type of good that is unfinished and is currently in the process of production and requires further processing in order to turn them into the final product or finished goods.
|Sort By:||Popularity||Alphabetically||Filter by:||Country/Region:||Category:|
Frequently Asked Questions (FAQ)
What is the full form of WIP?
The full form of WIP is Work-In-Progress