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Raw Material is a term used to describe products in a supply chain that are expected to be used in a production process to produce finished goods or semi-finished goods.
Alternative names include: Feedstock, components or parts, ingredients. Typically packaging material is also a Raw Material until it has been used to package a final product (Finished Good).
Raw Material inventory is recorded on the Balance Sheet as an asset.
| ID | Name | Level | x |
|---|---|---|---|
| M102 | Issue/Stage Materials | 3 | M102 |
| M203 | Issue Materials | 3 | M203 |
| M405 | Issue Material | 3 | M405 |