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Wednesday, 30 March 2016 / Published in Growth, Change & Exit, Improve Profit, Improve Systems, Stage 6

Quick Guide to ‘Work In Progress’ and its Impact on Working Capital

Like to know how to manage work in progress better? When you’re in a service business Work In Progress Days (WIP Days) is a vital number to be in control of. WIP Days is the number of days, on average, that jobs are in progress prior to invoicing. One way of calculating this measurement is…

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