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- Stockpiling in business refers to the disaster mitigation process in which essential inventory items are identified, procured, and stocked beforehand1. Businesses dealing with materials in bulk amass stockpiles of goods, usually found at dedicated storage facilities built for housing bulk materials2. Stockpiling can also refer to the practice of buying items in bulk or large quantities to save money in the long run3. However, stockpiling can become excessive and take away from other areas of your budget3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.And here is a stockpile definition from Business Directory: “Disaster mitigation process in which essential inventory items are identified, procured, and stocked beforehand.”www.advisoryhq.com/articles/what-is-stockpiling/Businesses dealing with materials in bulk inevitably amass stockpiles of goods, usually found at dedicated storage facilities built for housing bulk materials. These piles are dumped by trucks, pushed by bulldozers and moved around by workers.www.flyability.com/stockpile-measurementStockpiling is the practice of buying items in bulk or large quantities. People stockpile for a variety of reasons, but the most common is to save money in the long run. However, stockpiling isn’t always the best idea—it can become excessive and take away from other areas of your budget.www.bourbonandboots.com/stockpiling-101-how-w…
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