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New to NetSuite | Introduction to Manufacturing Work In Process (WIP)
Manufacturers can unlock the full potential of their operations by adopting Work in Process (WIP) tracking, a powerful methodology for managing the entire production lifecycle. This system ensures every step, from raw materials to finished goods, is meticulously organized and accounted for. Let's explore how WIP transforms the manufacturing workflow.
Work Order Journey: From Issue to Completion to Close
When utilizing the Manufacturing WIP feature, the first step is to issue components, which involves logging the material consumption for the upcoming work order. This stage doesn't record any assembly work but prepares the materials for the production line.
Purpose of Work Order Issue:
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