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What is Raw Materials Inventory?
Inputs you hold before production starts.
Step 1 of 9
Simple Definition
Raw materials inventory is the cost of materials on hand that will enter production or service delivery but have not yet been issued to jobs or processes.
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Tap a persona to hear the same idea in a totally different voice.
Try “Like I'm 5™” for a picture-book version - not the grown-up wording above.
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