What is MANUFACTURING INVENTORY?

A list of the goods, parts and materials in stock, available for use as required to perform the manufacturing process . This list is continually updated to matches current and projected production needs, becoming a very effective tool.

More On This Topic



Link to This Definition
Did you find this definition of MANUFACTURING INVENTORY helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary