Finished Goods
Definition
Products that have completed all stages of production and are ready for sale to customers.
Related terms
Raw Materials: Unprocessed natural products used in manufacture.
Manufacturing Process: A series of operations performed in making or treatment something into finished products like cars or furniture.
Supply Chain Management (SCM): The management of the flow of goods and services involving all processes that transform raw materials into final products.
"Finished Goods" appears in:
Subjects (2)
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