Finished goods

Finished goods are goods that have completed the manufacturing process but have not yet been sold or distributed to the end user.

[citation needed] Manufacturing has three classes of inventory: A good purchased as a "raw material" goes into the manufacture of a product.

There is no processing required in term of the goods after this stage by the seller.

Though there may be instance that seller finished goods become buyer's raw materials Finished goods is a relative term.

In a Supply chain management flow, the finished goods of a supplier can constitute the raw material of a buyer.