{"id":14065,"date":"2024-12-24T03:00:10","date_gmt":"2024-12-24T03:00:10","guid":{"rendered":"https:\/\/www.hashmicro.com\/ph\/blog\/?p=14065"},"modified":"2025-10-27T03:57:17","modified_gmt":"2025-10-27T03:57:17","slug":"work-in-progress-wip","status":"publish","type":"post","link":"https:\/\/www.hashmicro.com\/ph\/blog\/work-in-progress-wip\/","title":{"rendered":"Work-in-Progress (WIP) Definition With Examples"},"content":{"rendered":"
In the manufacturing sector, managing Work-in-Progress (WIP) inventory is essential to streamline production and prevent bottlenecks. This inventory type is a crucial bridge between raw materials and finished products, making it vital for a company’s operational flow.<\/p>\n
However, many manufacturing companies need help managing WIP effectively, such as inaccurate tracking, excess inventory, and delays in production cycles. These issues can lead to higher costs and missed business opportunities.<\/p>\n