Do you believe that stock piling saves money?

[Xtynehappy]

Most people do stock piling bearing in mind that by doing so they actually save a lot of money. What is your view on that?

 

[Suba]

Stockpiling cannot save money but is considered wasteful, because business people need to spend money to maintain stock, rent a larger warehouse, stock opname which must be done routinely to avoid theft.

 

[Fidelia]

For individuals, or helps to save money when they stockpile. It helps to reduce high costs that inflation might bring.

 

[Suba]

The risk of Stockpiling is that the goods will be damaged, expired, and the cash flow will be unhealthy. That is why investory management is needed to manage stock properly and correctly.