Forward-buying is purchasing extra inventory while it is on-deal so it can be sold later when it is off-deal.

Question

Quizplus · Accepted Answer

Forward-buying involves purchasing inventory in advance when it is being offered at a discounted price (on-deal), with the intention of reselling it later at a profit when the price returns to its regular level (off-deal). This strategy allows businesses to take advantage of lower prices, ensures a steady supply of goods, and can help manage seasonal demand fluctuations.

Forward-Buying Is Purchasing Extra Inventory While It Is On-Deal So