MRP glossary TOP > Inventory Control > In Process Stocktaking
In Process Stocktaking
In Process Stocktaking
It is to check the quantities of inventory/nonstocked goods dispatched to processes or subcontractors, and to calculate the In Process Inventory. In contrast, the inventory check in a warehouse is called Warehouse Stocktaking.
Related term: Stocktaking
It is to check the quantities of inventory/nonstocked goods dispatched to processes or subcontractors, and to calculate the In Process Inventory. In contrast, the inventory check in a warehouse is called Warehouse Stocktaking.
Related term: Stocktaking
Reference:JIT Business Research Mr. Hirano Hiroyuki