What is work in process in SAP SLL - Global Trade Services?

SAP Term: work in process

• Component: SLL

• Component Name: Global Trade Services

• Description: Component added to the production process.

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• Key Concepts: 
  Work in process (WIP) is a term used in SAP Global Trade Services (GTS) to refer to goods that are in the process of being manufactured or assembled. WIP includes both raw materials and partially completed goods. It is important to track WIP in order to ensure that goods are produced efficiently and on time.
  
  How to use it: 
  In SAP GTS, WIP can be tracked using the Work in Process (WIP) module. This module allows users to view the status of goods in production, as well as the progress of each item. The module also provides information on the cost of production and the estimated completion date.
  
  Tips & Tricks: 
  It is important to regularly review the WIP module in order to ensure that production is running smoothly and on schedule. Additionally, it is important to keep track of any changes in production costs, as this can have a significant impact on profitability.
  
  Related Information: 
  For more information on SAP GTS and WIP, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed tutorials and best practices for using SAP GTS.