Friday, 29 March 2013

Stock on sale, stock on heat; stock is an industrial pre-need!


Stocks are the bulk quantities of goods and services which are supplied by the initial members of the industry for the later companies so that they use the raw items for further processing and produce a finished good or another raw material for another company so that it can do the job; and so on goes the lane of production! In
easier words, let us understand this example with a comprehensive product creation scene.

The wood raw material supplier would go out and cut woods for his/her company’s production lines, then these would be processed for the furniture manufacturers; moving on to the home decor stock lot supplier, and then to the last but not the least, the brands and retailers which give out fancy and decent (new) furniture and similar products to customers. Stock is the number quantity, hence proved; with a selling vendor dealing with a purchasing vendor in the process.

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