The weighted average cost of capital (WACC) is a calculation of a firm's cost of capital in which each category of capital is proportionately weighted.

Work in Progress

Is a planned space for storing and handling goods and materials.

Warehouse automation is the application of specialized equipment and storage and retrieval systems to perform the tasks previously handled by unskilled and semi-skilled labour. As the term suggests, it is the automation of repetitive processes which previously required labour.

A written guarantee, issued to the purchaser of an article by its manufacturer, promising to repair or replace it if necessary within a specified period of time.

A correction that has been asked to approve, was approve.

a sequential, linear process of project management. It consists of several discrete phases. No phase begins until the prior phase is complete, and each phase's completion is terminal—waterfall management does not allow you to return to a previous phase.

A document issued by a carrier giving details and instructions relating to the shipment of a consignment of goods

A machine for weighing vehicles, set into the ground to be driven on to.

Whole Life Cost (WLC) is the total cost of goods, works or services over their entire life. They include design costs, acquisition costs, operating costs and the cost of disposal.

For goods, the WLC is the total of what it costs to buy the goods now, to own and use them over their life time, and then to dispose of them at the end of their life.

For works, the WLC is the total of what it costs to commission the works now, to manage them, use the resulting facility, de-commission the facility at the end of its use and to dispose of any resulting waste.

For services, the WLC is what it costs to buy services now, the on-going costs of receiving the service and any cost of discontinuing the service.

It is a solution that takes important business processes such as shipping, financial management, manufacturing, finance and CRM, and integrates them into a common package where data is shared.

A wholesaler is a company or individual that purchases great quantities of products from manufacturers, farmers, other producers, and vendors. Wholesalers store them in warehouses and sell them on to retailers (shops and stores) and businesses.

Wholesalers are the merchant middlemen who sell mainly to retailers, other merchants, commercial, industrial, or institutional users. They buy principally for resale or business use.

The wholesaler’s business model is based on being the intermediary – the go-between. The operate between a product’s manufacturer and other businesses that want to sell that product

A word processing application which allows the user to create documents.

A work center is a physical or logical production area used as a unit for scheduling and routing operations.

“An area such as that of an office, outfitted with equipment and furnishings for one worker and usually including a computer.”

In an office this may be a desk, in a panel beater’s workshop it may be a trolley, whilst in a factory it may be a workbench.

Cancel the record of a bad debt; acknowledge the loss of or failure to recover an asset.