Overstocked: meaning, definitions and examples
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overstocked
[ oΚvΙrΛstΙΛkt ]
inventory management
Overstocked refers to a situation where there is an excess of inventory compared to the demand. This typically occurs when a company orders too much of a product or when sales forecasts are inaccurate. Excess inventory can lead to increased storage costs and can negatively impact a business's cash flow.
Synonyms
excess, overabundant, surplus.
Examples of usage
- The store was overstocked on winter clothing.
- Our warehouse is overstocked with items that are not selling.
- The company realized they were overstocked after the holiday season ended.
Etymology
The word 'overstocked' is a compound word derived from the prefix 'over-', which means excessively or in excess, and 'stocked', which comes from the verb 'stock', meaning to supply or fill something with goods or materials. The origin of 'stock' dates back to the Middle English word 'stoc', which referred to a supply or store of goods. The combination of these elements to form 'overstocked' became prevalent in the context of inventory management in retail and warehousing. Its usage reflects the growing complexity in modern supply chain and inventory practices, particularly with the rise of e-commerce and just-in-time inventory systems that aim to minimize excess stock.