Semi-Finished Product
From Open Risk Manual
Revision as of 18:39, 25 November 2019 by Wiki admin (talk | contribs) (Created page with "== Definition == Products that have undergone some processing but require further processing before they are ready for use. They may be sold to other manufacturers or transfer...")
Definition
Products that have undergone some processing but require further processing before they are ready for use. They may be sold to other manufacturers or transferred to sub-contractors for further processing. Typical examples include rough metal castings sold or transferred for finishing elsewhere.