Excess inventory refers to the surplus of products or goods that a business holds beyond what is required to meet current demand. This situation arises when the quantity of goods produced or purchased exceeds the actual consumer demand or sales forecasts. Excess inventory can occur at various stages of the supply chain, from raw materials […]

Excess inventory refers to the surplus of products or goods that a business holds beyond what is required to meet current demand. This situation arises when the quantity of goods produced or purchased exceeds the actual consumer demand or sales forecasts. Excess inventory can occur at various stages of the supply chain, from raw materials

Excess inventory refers to the surplus of products or goods that a business holds beyond what is required to meet current demand. This situation arises when the quantity of goods produced or purchased exceeds the actual consumer demand or sales forecasts. Excess inventory can occur at various stages of the supply chain, from raw materials