[n. oh-ver-suh-plahy; v. oh-ver-suh-plahy]
noun, plural oversupplies.
an excessive supply.
verb (used with object), oversupplied, oversupplying.
to supply in excess.

1825–35; over- + supply1

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World English Dictionary
oversupply (ˈəʊvəˌsəplaɪ)
1.  the supply of too much or too many
vb , -plies, -plying, -plied
2.  (tr) to supply too much (material, etc) or too many (goods, people, etc)

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Example sentences
By imposing a quota system, they can limit the outflow of beans from producing
  nations in times of oversupply.
The genius of these sites is that they make a virtue of modern society's
  ecological sin: oversupply.
The ethanol plants than can't do this eff have closed due to the oversupply of
The result is typical of any field with an oversupply of workers.
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