An Empirical Analysis of Inventory Positioning for Pertinent Operations
Published: 2014
Author(s) Name: Vipul Chalotra |
Author(s) Affiliation: Assistant Professor, Department of Commerce, Univ of Jammu, Udhampur Campus, Jammu & Kashmir, India
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Abstract
Inventory positioning is a situation of a particular inventory item at a particular time. The paper presents an empirical analysis of inventory positioning for pertinent operations and its proper
management and control. The study was conducted on 152 wholesalers, from whom primary data were collected, operating in district Udhampur (J&K State). The respondents were approached with the assistance of snowball referral sampling. Cronbach-alpha and BTS assisted out to justify the validity and reliability of the scales in the construct. Factor analysis was used for data purification, rectification, and validation. Multivariate tools such as mean, standard deviation, and hierarchal regression model were employed for drawing meaningful results. The results of hierarchal regression model revealed that inventory positioning
and management leads to balancing of consumption
and operations, inventory positioning and management
results in facilitating purchase economies, inventory positioning and management fosters potential savings, and inventory positioning and management assists in avoiding costly interruptions in operations.
Keywords: Inventory, Positioning, Management, Wholesalers
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