THE EFFECT OF INVENTORY EFFICIENCY ON FIRM PERFORMANCE IN THE MILLENUIM: AN EMPIRICAL ANALYSIS OF MANUFACTURING INDUSTRY

Year 2019, Issue: 3, 57 - 81, 15.06.0209

Gülşah Hançerlioğulları Köksalmış , Ömer Yılmaz

Abstract

Inventory
management is usually defined as the transfer of raw materials and value-added
operations to deliver finished products to customers, and the management of the
transformation process. Operational performance is the level of firm
contribution to its sustainability. In operational performance measurement,
financial data such as fixed asset turnover, business cycle rate, and sales /
income ratio per employee are generally used. It was determined that the
establishment of a regression model would be correct when the relationship
between inventory management and operational performance is evaluated. In this
study, data from 991 companies in the manufacturing sector, publicly traded in
the United States during the last 18 years between 2000 and 2017, were analysed
using empirical analyses, using Wharton Research Data Services (WRDS) over the
Standard & Poor's Compustat database.

Keywords

Inventory Efficiency, Firm Performance, Regression Analysis, Manufacturing Industry.

MİLENYUM ÇAĞINDA ENVANTER VERİMLİLİĞİNİN FİRMA PERFORMANSINA ETKİSİ: ÜRETİM SEKTÖRÜ AMPİRİK ANALİZİ

Abstract

Envanter yönetimi genel
anlamda hammaddelerin, müşteriye bitmiş ürünler sunmak için katma değer
işlemleri sırasında taşınması ve dönüştürülmesi sürecinin yönetilmesi olarak
adlandırılabilir. Operasyonel performans bir firmanın varlığını sürdürebilmesi
adına yaptığı faaliyetlerin şirket bünyesine katkısının ne seviyede olduğunun
bir ölçüsüdür. Operasyonel performans ölçümünde genellikle, Sabit Varlık Devir
Oranı, İşletme Döngüsü Oranı ve Çalışan Başına Satış/Gelir Oranı gibi finansal
verilerden yararlanılır. Yapılan araştırmalar doğrultusunda envanter yönetimi
ve operasyonel performans arasındaki ilişki araştırılırken bir Regresyon
Modelinin kurulmasının doğru olacağı tespit edilmiştir. Bu çalışmada son 18
yılda, 2000-2017 yılları arasında, Amerika Birleşik Devletleri’nde halka açık,
üretim sektöründe hizmet veren toplam 991 şirketin verisi Standart & Poor's
Compustat Veri Tabanı üzerinden Wharton Research Data Services (WRDS)
kullanılarak elde edilmiş, ampirik analizlerle incelenmiştir. 

Keywords

Envanter Verimliliği, Firma Performansı, Regresyon Analizi, Üretim Sektörü

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