stockpiling

Intermediate 💰 Finance / Accounting

Definition

The corporate equivalent of doomsday prepping, where businesses hoard inventory like squirrels on caffeine. It's the strategic accumulation of goods in anticipation of shortages, price increases, or that vague feeling that everything's about to go sideways. Finance teams love it until they see the warehouse bills and inventory carrying costs.

Example Usage

Our company started stockpiling semiconductors after the chip shortage, and now our warehouse looks like a RadioShack exploded.

Source: Business and supply chain terminology

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