Measures the trends in inventory that is in the production process but not yet completed.

What it Measures ?

Monitors value of unfinished goods over time.

Relevant StakeHolders 

Production Planner, Inventory Analyst

In-depth Use Case / Real-world Example

A company manufacturing bicycles tracks Work-in-Progress (WIP) Inventory Trends by monitoring how much inventory is in various stages of production. For example, if WIP inventory increases during certain months, it might indicate a production delay. Monitoring WIP trends ensures that production processes are efficient and that resources are utilized properly.