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Overproduction vs Inventory - What's the difference?

overproduction | inventory |

As nouns the difference between overproduction and inventory

is that overproduction is the production of more of a commodity than can be used or sold while inventory is the stock of an item on hand at a particular location or business.

As a verb inventory is

to take stock of the resources or items on hand; to produce an inventory.

overproduction

English

(wikipedia overproduction)

Noun

  • The production of more of a commodity than can be used or sold.
  • * Louis MacNeice, Bagpipe Music
    • Mrs. Carmichael had her fifth, looked at the job with repulsion, / Said to the midwife 'Take it away; I'm through with overproduction' .

    Related terms

    * overproduce

    inventory

    English

    (wikipedia inventory)

    Noun

    (inventories)
  • (operations) The stock of an item on hand at a particular location or business
    • Due to an undersized inventory at the Boston outlet, customers had to travel to Providence to find the item.
  • (operations) a detailed list of all of the items on hand
    • The inventory included several items that one wouldn't normally think to find at a cheese shop.
  • (operations) the process of producing or updating such a list
    • This month's inventory took nearly three days.
  • (lb) A space containing the available to a character for immediate use.

    • Synonyms

    * See also

    Related terms

    * invent * invented * inventive * invention * inventor * reinvent

    Verb

    (en-verb)
  • (operations) To take stock of the resources or items on hand; to produce an inventory.
    • The main job of the night shift was to inventory the store, and restock when necessary.

    Synonyms

    * (take stock) index

    External links

    * *