Stock
The inventory in a plant is referred to as stock, typically made up of raw
materials, semi-finished goods, and finished goods.
Here are some examples:
- Raw materials: Purchased from suppliers and located in a warehouse or at a line side location
- Semi-finished goods: Created in the factory and stored temporarily before being consumed into another process
- Finished goods: Created in the factory and ready to be shipped
All stock in the factory has a financial value, driven by master data on the material.
Only inventory states which are considered to be in stock states are included in the stock reports.