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Jul 18, 2025

Warehousing

Warehousing

Work-In-Progress (WIP)

Work-In-Progress (WIP)

Partially completed goods in the production process.

Partially completed goods in the production process.

WIP inventory includes items that are not yet finished but are in some stage of assembly or production. Tracking WIP helps manufacturers understand where bottlenecks occur and how much capital is tied up mid-process. For instance, if 500 face cream jars have been filled but not labelled, they would be considered WIP.

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A workplace organisation system designed to improve efficiency, safety, and workflow in warehouses.

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ABC Analysis

An inventory management technique that classifies products based on their value and sales frequency, helping prioritise stock control and warehouse resources.

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ASN (Advanced Shipping Notice)

Electronic notice detailing incoming shipment contents and timing.

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Electronic notice detailing incoming shipment contents and timing.

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Electronic notice detailing incoming shipment contents and timing.

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