INVENTORY AND RISK MANAGEMENT: DECREASING DELIVERY RISK OF PURCHASERS

Grzegorz Michalski

Romanian Journal of Economics, 2008, vol. 27, issue 2(36), 95-103

Abstract: The basic financial purpose of an enterprise is maximization of its value. Inventory management should also contribute to realization of this fundamental aim. The enterprise value maximization strategy is executed with a focus on risk and uncertainty. This article presents the consequences for the recipients firm that can result from operating risk that is related to delivery risk generated by the suppliers. The present article offers a method that uses portfolio management theory to choose the suppliers.

Keywords: Corporate liquidity; firm value; delivery risk (search for similar items in EconPapers)
JEL-codes: D81 G11 G32 G39 M11 (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:ine:journl:v:2:y:2008:i:36:p:95-103

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