Raw Material Inventory - Unrestricted measures the amount of unrestricted RM Inventory at a given time at all locations included for reporting. Unrestricted implies the inventory is recorded as owned, current, in good order and available for immediately use.
Raw Material Inventory - Unrestricted may be reported by value or volume depending on purpose. Volume-based reports may overstate the importance of inventories of low-value materials. Value-based reports may understate the implications on the need for storage space or production activities needed to deplete the inventory.Rating: