Stockpiling

 

 

 

Stockpiling

 

Glossary of business

 

Definition of stockpiling

 

Stockpiling is the process of building up a stock of goods. This may be involuntary which may be caused by overproduction or a slowdown in demand or it may be a matter of policy in preparation for seasonal peaks in demand. However, stockpiling has a cost as the firm will have a large amount of working capital tied up in the stocks and it will be difficult to realise quickly should the firm need to.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

Job world

 

 

Definition and meaning of stockpiling

 

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Meaning of stockpiling

 

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