oboloo Glossary

Supply Graph Increase

oboloo Glossary

Supply Graph Increase

Supply Graph Increase is a term used to describe the relationship between a company’s increasing inventory and its demand for goods or services. In simple terms, it is the difference between what a company orders and what customers buy. This can be seen as a graph showing the increase in the supply of goods or services over time. It is important for companies to understand their demand for goods or services so that they can forecast future demand accurately and avoid overstocking. By increasing their inventory when appropriate, businesses are better able to meet customer needs and maximize profits.