Enterprise glossary and term center

Research and understand all the intricate terms and definitions that surround the ecosystem of enterprise resource planning (ERP), enterprise software and no-code tools.

Finished Goods - What are semi finished goods?

semi-finished goods are goods, such as partly finished goods, used as inputs in the production of other goods including final goods. A firm may make and then use intermediate goods, or make and then sell, or buy then use them. ... A firm may make and then use intermediate goods, or make and then sell, or buy then use them.