WIP
WIP stands for work in progress. It refers to items that have begun processing but are not yet finished. The term is widely used in manufacturing, software development, and project management to describe the portion of work currently in flight.
In manufacturing, WIP inventory sits between production steps and represents capital and space tied up in unfinished
WIP management often uses limits, especially in Kanban systems. WIP limits cap how many items can occupy
Related metrics include cycle time (time from work start to completion) and lead time (delivery time to
Applications: in a factory, raw materials move through steps with bounded queues; in software, features progress
Risks: excessive WIP ties up capital and space, hides defects, and increases wait times. Too little WIP
Reduction strategies: visualize work with boards, set per-stage limits, shorten batch sizes, improve process times, and