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

Öz

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.

Anahtar Kelimeler

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

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

Öz

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. 

Anahtar Kelimeler

• Envanter Verimliliği,Firma Performansı,Regresyon Analizi,Üretim Sektörü

Kaynakça

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