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  2. Work in process - Wikipedia

    en.wikipedia.org/wiki/Work_in_process

    WIP inventory calculations can help a company assess their supply chain health and guide in supply chain planning. [11] In most cases, it is ideal to have low WIP inventory levels, [11] and companies that manage their inventory level efficiently tend to have lower costs. [12]

  3. Lower of cost or market - Wikipedia

    en.wikipedia.org/wiki/Lower_of_Cost_or_Market

    If the inventory has decreased in value below historical cost, then its carrying value is reduced and reported on the balance sheet. The criterion for reporting this is the current market value . Any loss resulting from the decline in the value of inventory is charged to " cost of goods sold " (COGS) if non-material, or "loss on the reduction ...

  4. Inventory - Wikipedia

    en.wikipedia.org/wiki/Inventory

    The concept of inventory, stock or work in process (or work in progress) has been extended from manufacturing systems to service businesses [1] [2] [3] and projects, [4] by generalizing the definition to be "all work within the process of production—all work that is or has occurred prior to the completion of production". In the context of a ...

  5. Manhattan just saw a huge drop in housing inventory. That ...

    www.aol.com/finance/manhattan-just-saw-huge-drop...

    Despite low active inventory, prospective NYC homebuyers who can manage it may want to jump into the market before prices increase further. Manhattan just saw a huge drop in housing inventory ...

  6. Kanban - Wikipedia

    en.wikipedia.org/wiki/Kanban

    Kanban (Japanese: 看板 meaning signboard) is a scheduling system for lean manufacturing (also called just-in-time manufacturing, abbreviated JIT). [2] Taiichi Ohno, an industrial engineer at Toyota, developed kanban to improve manufacturing efficiency. [3] The system takes its name from the cards that track production within a factory.

  7. Mortgage Rates Are Down: What Limited Inventory Means For ...

    www.aol.com/mortgage-rates-down-limited...

    Spring is traditionally the hottest time of the year for the real estate market. However, even with mortgage rates optimistically trending down this year, potential homebuyers will face heavy...

  8. Inventory control - Wikipedia

    en.wikipedia.org/wiki/Inventory_control

    While it is sometimes used interchangeably, inventory management and inventory control deal with different aspects of inventory. Inventory management is a broader term pertaining to the regulation of all inventory aspects, from what is already present in the warehouse to how the inventory arrived and where the product's final destination will be. [2]

  9. AOL

    search.aol.com

    The search engine that helps you find exactly what you're looking for. Find the most relevant information, video, images, and answers from all across the Web.