WAYS OF INCREASING THE EFFICIENCY OF STOCK MANAGEMENT OF TRADE ENTERPRISES DURING THE PERIOD OF MARITAL STATE
DOI:
https://doi.org/10.35774/sf2024.04.135Keywords:
asset turnover, excess inventory, financial condition, write-off of goods, cost of production, inventory management, long-term storageAbstract
Introduction. In the conditions of the war period, business entities experience difficulties in maintaining their financial and economic status at a level sufficient to ensure break-even functioning. One of the indicators of sales for a trading company is the level of turnover of assets, in the structure of which a significant part belongs to stocks. Since in wartime, the accumulation and sale of stocks are hindered by a number of phenomena, in particular, the disruption of logistics routes, the destruction of warehouses due to shelling, etc., it is necessary to study the peculiarities of managing the turnover of stocks taking into account the conditions of the wartime period.
The purpose of the article is to analyze the role of inventory turnover in maintaining a satisfactory financial and economic state of the enterprise, to determine the negative phenomena that lead to an excess of inventory, to investigate the indicators of inventory turnover of individual trading enterprises and to develop proposals for its acceleration.
Results. The advantages and disadvantages of a low inventory turnover ratio were analyzed and the main undesirable phenomena caused by excess inventory and leading to a decrease in sales profitability were determined. The state of inventory turnover of Nestlé Ukraine LLC for the years 2020–2023 was studied and it was established that during this period the ratio decreased from 94.7% to 23.1%. The main negative phenomena that the enterprise may face in the case of improper management of stocks are identified: the increase in costs for the movement of stocks; increasing shortage of goods; decrease in the liquidity of goods.
Conclusions. In order to improve the efficiency of inventory management, it is proposed to use the ABM Inventory inventory management system, which is able to constantly generate data on the weekly dynamics of inventory and their balance in the warehouse. Factors that must be taken into account during inventory management have been determined, including: transportation time, distance from the point of production to the point of sale, the period of stock accumulation, the diversity of the chain of goods movement, seasonal fluctuations in the demand for goods, and others. Taking into account these factors will allow to accelerate the turnover of stocks and increase of the financial stability of a trading company in the difficult period of wartime.
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