What is WIP stock in SAP SCM-APO-PPS - Production Planning and Detailed Scheduling?

SAP Term: WIP stock

• Component: SCM-APO-PPS

• Component Name: Production Planning and Detailed Scheduling

• Description: Work-in-process stock Stock of components or unfinished products waiting at a resource for further processing.

Smart SAP Assistant

• Key Concepts: 
  WIP stock stands for Work-in-Progress stock. It is a type of inventory that is used to track the progress of partially completed goods in the production process. WIP stock is used in the Production Planning and Detailed Scheduling (PPS) component of SAP's Supply Chain Management (SCM) module. 
  
  How to use it: 
  In SAP, WIP stock is used to track the progress of partially completed goods in the production process. It can be used to monitor the progress of goods from raw materials to finished products. The WIP stock can also be used to calculate the cost of goods sold and to determine the amount of inventory that needs to be produced in order to meet customer demand. 
  
  Tips & Tricks: 
  It is important to keep track of WIP stock in order to ensure that production processes are running smoothly and efficiently. It is also important to monitor WIP stock levels in order to ensure that there is enough inventory available to meet customer demand. 
  
  Related Information: 
  For more information on WIP stock and how it can be used in SAP's SCM-APO-PPS module, please refer to SAP's official documentation on the topic.