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Finished Goods Inventory (FGI)

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A type of inventory that represents products that are ready for sale to customers.

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What does Finished Goods Inventory (FGI) mean?

In the shipping context, Finished Goods Inventory (FGI) refers to the stock of completed products that a company has on hand and is ready to ship to customers. FGI is an important metric for measuring the efficiency of a company’s production and supply chain operations, as it reflects the company’s ability to meet customer demand and manage inventory levels. 

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