WIP definition
WIP means work in process.
WIP means work in process. This includes all wafers and Product in wafer fabrication, sort, assembly, and/or final test, including prime and secondary wafers, and all completed Product units not yet delivered to Intel.
WIP means all Work in progress.
Examples of WIP in a sentence
Contractors are expected to report regularly on WIP and expenses being incurred, together with any supporting time sheets as agreed, as part of the fee arrangements as set out in the Engagement letter and also in order for the ESFA / DfE to monitor anticipated spend through the individual engagements and the contract.
The Contractor’s performance against these KPIs shall be monitored monthly via the Work in Progress (WIP) Report and scored / evaluated quarterly.
If an order is in WIP or in finished stock ready for dispatch to a previously agreed dispatch date the Customer can be refused the right to reschedule the dispatch date to a later date.
More Definitions of WIP
WIP has the meaning given to it in Schedule 3 (Toll Manufacture Provisions) paragraph 2.1.
WIP means work in process and includes all wafer and dies not yet delivered to LLC. Capitalized terms not defined herein shall have the same meaning ascribed to them in the Limited Liability Company Agreement of Jazz/Hua Hong, LLC (the “LLC Agreement”), the License Agreements and the Supply Agreements between Jazz/Hua Hong, LLC and Jazz Semiconductor.
WIP means work in process, including prime and secondary wafers.
WIP is defined as incompletely manufactured and/or assembled Products at the time of the cancellation. "RAW MATERIAL" is defined as only those materials needed to make a Part and any purchased Parts. For the purposes of this Agreement, "PART" means a component line item on a ▇▇▇▇ of materials. Parts are collectively assembled to produce a Product. The above defined cancellation charges are in lieu of any other obligation of Buyer arising as a result of the cancellation. All amounts accrued above are payable within sixty (60) days of Seller's delivery of an invoice to Buyer. Finished Goods will be invoiced upon delivery of the Finished Goods to the Delivery Point.
WIP means work in progress.
WIP means all work-in-process arising from or attributable to the Purchased Contracts.
WIP means Work In Progress.