Track Your Inventory by Project

In commercial manufacturing, the definition of inventory is typically the asset inventory that is held on your balance sheet. Raw materials, work in process, and finished goods are held by your company as assets until delivered to your customers.

For the project manufacturer, this becomes a bit more complicated. Of course, an asset inventory that includes raw materials, work in process, and finished goods is still a viable option, and many times the project manufacturer will have spare inventory or commercial work as well.

Download this cheat sheet, Track Your Inventory by Project, for a list of other considerations, which vary depending on the project type.