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Al Sharqi Shipping is a leader in the logistics industry with more than 30 years of experience in guiding and moving freight across the globe.
What does Excess Inventory mean?
Excess Inventory refers to inventory that exceeds the current demand for a product or is no longer needed. This can occur due to a variety of factors, such as overproduction, changes in customer demand, or seasonality. Excess inventory can be costly for businesses as it ties up capital and storage space and may require additional resources to manage and sell.
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