On the relationship between inventory and financial performance in manufacturing companies

IF 7.1 2区管理学 Q1 MANAGEMENT International Journal of Operations & Production Management Pub Date : 2009-07-17 DOI:10.1108/01443570910977698

V. Capkun, A. Hameri, L. A. Weiss

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引用次数: 186

Abstract

Purpose – The purpose of this paper is to study the relationship between inventory performance, both total inventory (INV) and its discrete components (raw material (RMI), work‐in‐process (WIP), and finished goods (FGI)), and financial performance in manufacturing companies.Design/methodology/approach – Statistical analysis is applied to the financial information of US‐based manufacturing firms over the 26‐year period from 1980 to 2005.Findings – The paper finds a significant positive correlation between inventory performance (total as well as the discrete components of inventory) and measures of financial performance (at both the gross and operating levels) for firms in manufacturing industries. The correlation between the performance of discrete types of inventory and financial performance varies significantly across inventory types. RMI performance has the highest correlation with all financial performance measures. Between WIP inventory and FGI performance, the former is more highly correlated with gr...

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制造业企业库存与财务绩效关系研究

目的-本文的目的是研究库存绩效，总库存(INV)及其离散组件(原材料(RMI)，在制品(WIP)和成品(FGI))与制造公司财务绩效之间的关系。设计/方法/方法-统计分析应用于1980年至2005年26年间美国制造业公司的财务信息。研究结果-本文发现库存绩效(总库存以及库存的离散组成部分)与财务绩效指标(在总和运营水平)之间存在显著的正相关关系。离散库存类型的绩效与财务绩效之间的相关性在不同的库存类型之间差异显著。RMI绩效与所有财务绩效指标的相关性最高。在制品库存与FGI绩效之间，前者与gr的相关性更高。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

International Journal of Operations & Production Management MANAGEMENT-

CiteScore

13.30

自引率

17.20%

发文量

期刊介绍： The mission of the International Journal of Operations & Production Management (IJOPM) is to publish cutting-edge, innovative research with the potential to significantly advance the field of Operations and Supply Chain Management, both in theory and practice. Drawing on experiences from manufacturing and service sectors, in both private and public contexts, the journal has earned widespread respect in this complex and increasingly vital area of business management. Methodologically, IJOPM encompasses a broad spectrum of empirically-based inquiry using suitable research frameworks, as long as they offer generic insights of substantial value to operations and supply chain management. While the journal does not categorically exclude specific empirical methodologies, it does not accept purely mathematical modeling pieces. Regardless of the chosen mode of inquiry or methods employed, the key criteria are appropriateness of methodology, clarity in the study's execution, and rigor in the application of methods. It's important to note that any contribution should explicitly contribute to theory. The journal actively encourages the use of mixed methods where appropriate and valuable for generating research insights.