Inventory Management-A Tool for Efficient Use of Resources (A Study With Reference to DLF Ltd)

Mr.Shivakumar; Dr. N Babitha Thimmaiah

Abstract

Working Capital Management is an important area for any business concern. The management of various components of working capital is a foremost important aspect. Inventory Management is one such area which needs lot of focus in order to use the resources efficiently and effectively. Inefficient management of inventory leads to increase in carrying cost, ordering cost and overall cost of managing inventory. Increasing in cost affects the profitability of the concern. In this regard this paper made an attempt to study the Inventory Management at DLF ltd. It focuses mainly on the components of inventory and relationship between inventory management and profitability. The study conducted for a period of 9 years from 2007-2015.it employs the regression analysis to determine the effect of inventory conversion period on profitability. It uses the liquid ratio, size of the firm, debt/equity ratio as control variables.

Keywords

Resources, liquidity, Firm size, inventory turnover,

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Cites this article as

M. , D. N. B. T. , "Inventory Management-A Tool for Efficient Use of Resources (A Study With Reference to DLF Ltd)", International Journal of Innovative Research in Engineering and Management (IJIREM), Vol-3, Issue-4, Page No-290-293, 2016. Available from: