Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Did the COVID-19 crisis change inventory efficiency? Evidence from Finland

Did the COVID-19 crisis change inventory efficiency? Evidence from Finland Due to the COVID-19 pandemic, many things changed within a short notice; shutdowns as well as openings of economies and factories were unsynchronised and unpredictable throughout the world in 2020. However, demand was sustained rather well due to ultra-loose monetary policies and low interest rates. Therefore, it is needed to know, how inventory efficiency developed in this environment. This research work examines Finnish publicly traded companies from the manufacturing and retail industry and their inventory efficiency. Findings illustrate that the year 2020 did not have that much impact on inventory efficiency. It seems that trajectories which started in 2010 remain - inventory turns are getting lower at a moderate pace, and inventory investments are increasing in absolute terms. However, share of inventories from total assets remains as unchanged. In conclusion, inventory efficiency has barely changed at all (within the three used measures). Different forces and changes must have had neutralising effects on each other in 2020. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Business Performance and Supply Chain Modelling Inderscience Publishers

Did the COVID-19 crisis change inventory efficiency? Evidence from Finland

Loading next page...
 
/lp/inderscience-publishers/did-the-covid-19-crisis-change-inventory-efficiency-evidence-from-nHZRqWZUrI

References

References for this paper are not available at this time. We will be adding them shortly, thank you for your patience.

Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd
ISSN
1758-9401
eISSN
1758-941X
DOI
10.1504/ijbpscm.2022.125691
Publisher site
See Article on Publisher Site

Abstract

Due to the COVID-19 pandemic, many things changed within a short notice; shutdowns as well as openings of economies and factories were unsynchronised and unpredictable throughout the world in 2020. However, demand was sustained rather well due to ultra-loose monetary policies and low interest rates. Therefore, it is needed to know, how inventory efficiency developed in this environment. This research work examines Finnish publicly traded companies from the manufacturing and retail industry and their inventory efficiency. Findings illustrate that the year 2020 did not have that much impact on inventory efficiency. It seems that trajectories which started in 2010 remain - inventory turns are getting lower at a moderate pace, and inventory investments are increasing in absolute terms. However, share of inventories from total assets remains as unchanged. In conclusion, inventory efficiency has barely changed at all (within the three used measures). Different forces and changes must have had neutralising effects on each other in 2020.

Journal

International Journal of Business Performance and Supply Chain ModellingInderscience Publishers

Published: Jan 1, 2022

There are no references for this article.