Sumedha Journal Of Management
  • Year: 2013
  • Volume: 2
  • Issue: 1

Inventory Stabilization and its Benefits for Modern Business

  • Author:
  • Vipul Chalotra
  • Total Page Count: 11
  • Page Number: 106 to 116

Assistant Professor, Dept. of Commerce, University of Jammu, 180006, Udhampur campus

Online published on 17 August, 2013.

Abstract

Inventory stabilization in modern business brings in copious advantages such as demand stabilization, consumption stabilization, supply stabilization, production stabilization and overall economic growth and stabilization. The present research analyses the impact of inventory stabilization and its numerous benefits enjoyed by 225 retailers which ultimately brings laurels in the business. The primary data were collected in district Udhampur, J&K State. Validity and reliability of the scales in the construct were assessed through BTS and Cronbach-alpha test. The results of regression model and ANOVA revealed that Inventory stabilization leads to numerous benefits i.e. avoids over & under stocking, reduces fluctuations in stock pricing, balances ordering & replenishment, Perception of retailers regarding inventory stabilization do not differs with regard to age difference and retailers with different qualification level differ significantly with regard to inventory stabilization and its management.

Keywords

Inventory stabilization, SCM (Supply Chain Management), Retailers, Firms