finished goods
Ready for sale
Finished goods are products that have completed the manufacturing process and are ready for sale.
The term distinguishes these from raw materials and work-in-progress inventory: The warehouse holds $2 million in finished goods.
In accounting and supply chain contexts, finished goods represent the final stage before products reach customers.
Sequential manufacturing process
- factoryIndustrial production facility
- assemblyConstructing from components
- quality controlMaintaining production standards
- machineryCollective mechanical equipment
fabrication · output · automation · specifications · inspection · workmanship · batch · mass production
Items requiring regular replacement
- durablesItems resisting quick wear
- unitsStandard measures of quantity
- articlesWritten works or items
- commoditiesTradeable raw materials
deliverables · packaging · warranty · catalogue · assortment · range · collection · end product
Accumulated reserve supply
- warehouseBulk goods storage building
- storageSpace for keeping goods
- stockGoods kept for sale
- surplusAmount exceeding requirement
reserves · backstock · allocation · supply · consignment · shipment · fulfillment · logistics
production line
Sequential manufacturing process
- factoryIndustrial production facility
- assemblyConstructing from components
- quality controlMaintaining production standards
machinery · fabrication · output · automation · specifications · inspection · workmanship · batch · mass production · manufacturing plant
consumables
Items requiring regular replacement
commodities · deliverables · packaging · warranty · catalogue · assortment · range · collection · end product · final product
stockpile
Accumulated reserve supply
surplus · reserves · backstock · allocation · supply · consignment · shipment · fulfillment · logistics · distribution
storefront
Retail facade facing street
shopping · discount · cashier · ecommerce · boutique · supermarket · mall · customer · receipt · shelf
sales
Revenue from goods moved
- pricingEstablishing monetary amounts charged
- demandForceful request or requirement
- supplyFurnish or stock
trade · export · import · wholesale · purchase · transaction · markup · margin · turnover · commodity
- Factory Metricsthroughput, production lines, raw materials, work stations
- assetsproperty, cash, money, investments, bank accounts
- operationsoperation, operations, military operation, joint operation, workflow
- factoryfactory, assembly plant, assembly line, conveyor belt, production floor
- factory floorassembly line, conveyor belt, forklift, machine operator, production line
- outputproduct, output, result, production, end result
finished goodsraw materials
Unprocessed production inputs
feedstock · natural resources · raw stock · inputs · source materials
finished goodswork in progress
Incomplete ongoing effort
work in process · components · subassemblies · parts · blanks
finished, goods, finish, good, finisher, finishing, finishes, unfinished, goodness