A company's inventory is one of its most important assets. Inventory can be broken down into four categories -- raw materials, finished product, work in process and supplies. Raw materials are the ...

Materials requisition, the movement of materials into the production process, is one of the early stages in the manufacturing of goods. The entire production process is recorded in the financial ...

This decision of the EU General Court shows that raw material goods and manufactured/finished products are most likely to be dissimilar due to differences in nature, purpose and distribution channels.

Material procurement covers the entire process from need identification through receipt and payment for goods, including supplier management. Sourcing focuses on identifying, vetting, and establishing ...

It has been a wild ride for raw materials in the past 12 months, which can't have made U.S. manufacturers too happy. According to a number of studies, raw material concerns always have been and remain ...