Template:Inventory: Difference between revisions

'''Headline''': Usually a second-order [[waste]], where there are bottlenecks on your production line and half-processed inventory stacks up waiting for the next step, meaing the real waste here is {{wasteprov|waiting}}. But time is money, so the longer the overall negoation process, the more expensive the {{wasteprov|inventory}}.  

In the context of contract {{tag|negotiation}}, inventory is coterminous with {{wasteprov|waiting}} — not being a [[bearer instrument]], a legal {{tag|contract}} has no intrinsic value even when completed — it is what you do ''with'' it that creates the risk and reward — so having a hopper overflowing with half-completed [[credit support annex|credit support annexes]] does not of itself represent a large waste. But the fact that they are stacked up waiting for an answer for someone or other, be it the client, trading, risk stretches out the production time.