ANALYSIS OF INVENTORY MANAGEMENT IN COMPANIES FORMING BRANCH PURCHASING GROUPS

1 ZIMON Grzegorz
Institution:
1 Rzeszow University of Technology, Department of Finance, Banking and Accountancy, Rzeszow, Poland, gzimon@prz.edu.pl
Conference:
Carpathian Logistics Congress, Hotel Tatra, Zakopane, Poland, EU, November 28th - 30th 2016
Proceedings:
Proceedings Carpathian Logistics Congress
Pages:
491-499
ISBN:
978-80-87294-76-5
ISSN:
2694-9318
Published:
30th October 2017
Proceedings of the conference were published in Web of Science.
Metrics:
481 views / 174 downloads
Abstract

The aim of this article is to assess and analyze inventory management in commercial companies forming branch purchasing groups. In the article the functioning principles of the purchasing groups and organizations of logistics in this type of groups were discussed. The strengths of the purchasing groups as well as the disadvantages of this type of organizations were shown. The role of the central unit in the organization of supply was discussed. The strategies and methods of inventory management in companies operating within the studied purchasing group were featured. In the article one assessed the impact of each strategy on the financial situation of companies. For the research there were used selected financial ratios and a preliminary financial analysis. The companies analyzed are Polish business units operating in the construction industry. The analysis was made on the basis of the financial statements for the years 2011-2015.

Keywords: logistics, inventory, purchasing group.

© This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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