It is September in a wholesale market in Ludhiana. You run a wholesale business in packaged food and household goods, with a shop in the market and godowns on the edge of town. Diwali is coming and the companies are offering schemes on large loads. You take them all, because the margin is real and every shopkeeper will want stock.
In the rush, the market shop keeps running out of items. Each time, you order more from the supplier. Nobody checks the far godown, where some of the same cartons arrived weeks ago and were stacked behind the new loads. A shopkeeper asks for a gift pack size you thought you had. The in-charge says it is finished. You buy more. A tempo moves stock from one godown to another and nobody writes it down.
After Diwali, the godowns are still full. In January, someone clears the back of the far godown and finds gift packs from last year, with faded boxes, and cartons of the item you kept buying fresh during the rush. The shopkeepers' credit is coming in slowly. You sold more than ever this season. Yet there is less cash than last year, and much of it is sitting in your own godowns.