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Work In Progress

Purpose -

It helps understand how much of their working capital is tied up in incomplete products, and can help identify supply chain management issues

Operational Definition -

Beginning WIP + Manufacturing Costs – Cost of Goods Manufactured

Type of Metrics -

KPI

Function -

Manufacturing

Associate Function -

Manufacturing

Desired Trend -

Lower the better

Recommended Frequency - 

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External References -

https://www.qlik.com/us/kpi

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