Which of the following consists of component inventory used to feed into production or manufacturing...

Raw material stockrefers to the unprocessed inputs stored for use in manufacturing. The CLT “Inventory Control” standards distinguish among three major categories: raw materials, work-in-progress (WIP), and finished goods. Raw materials are held in inventory to feed production lines, ensuring continuity of manufacturing operations. Effective management prevents production delays while avoiding overstock. CLT emphasizes that raw material inventories must be closely coordinated with procurement and production schedules—often managed through systems like MRP or JIT. Proper labeling, storage, and traceability of raw materials are vital for quality control and compliance with industry regulations. Unlike WIP (partially completed items), raw materials are inputs awaiting transformation into finished goods.