What is work in process in SAP MFG-ME - SAP Manufacturing Execution?

SAP Term: work in process

• Component: MFG-ME

• Component Name: SAP Manufacturing Execution

• Description: A designation for SFC numbers, shop orders, or customer orders that have been created and are available to work on the shop floor. This designation is more extensive than active work because it also includes SFC numbers that have not been started yet for example, those with a status of NEW.

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• Key Concepts: 
  Work in process (WIP) is a term used in SAP Manufacturing Execution (MFG-ME) to refer to the materials and components that are currently being processed in a manufacturing operation. It includes all of the materials and components that have been received from suppliers, as well as those that have been produced in-house. WIP also includes any materials or components that are being stored for future use. 
  
  How to Use it: 
  In SAP MFG-ME, WIP is tracked using the WIP tracking system. This system allows users to monitor the progress of each manufacturing operation, as well as the status of each material or component. The system also allows users to view the current inventory levels of each material or component, and to adjust the production schedule accordingly. 
  
  Tips & Tricks: 
  It is important to keep track of WIP in order to ensure that production operations are running smoothly and efficiently. It is also important to monitor WIP levels in order to ensure that there is enough material or components available for future production operations. 
  
  Related Information: 
  For more information on WIP tracking in SAP MFG-ME, please refer to the official SAP documentation. Additionally, there are many third-party tools available that can help users manage their WIP tracking more effectively.