Financing stocks of maturing
whisky is the most significant capital investment
which Scotch Whisky companies have to undertake. The
long period of maturation which Scotch Whisky must
undergo poses a number of commercial problems. Not
the least among these is the difficulty of forecasting
accurately the demand for whisky several years ahead,
which blenders must do when deciding how much new
whisky to buy in any one season.
© SWA 1995