• A
  • A
  • A
  • ABC
  • ABC
  • ABC
  • А
  • А
  • А
  • А
  • А
Regular version of the site

Efficiency Enhancement of Inventory Management of Manufacturing Enterprise

Student: Maksim Tereshkin

Supervisor: Vladislav Lukinsky

Faculty: St.Petersburg School of Economics and Management

Educational Programme: Strategic Management in Logistics (Master)

Year of Graduation: 2020

In the master's thesis, based on a critical analysis of the works of domestic and foreign authors, methodological recommendations were developed to improve the existing analytical tools for assessing the effectiveness of inventory management; an improved version of the structure of logistics costs for inventory management is presented; a simplified model for calculating the most economical order size using constants is given; a scorecard (KPI) for stocks and organizational mechanism for setting effective inventory management system are proposed. To assess the impact of stocks on asset utilization efficiency, a methodology for conducting a multiplicative factor analysis in the form of a three-factor and four-factor model is proposed. An algorithm has been developed for conducting a comprehensive analysis of the impact of inventory management efficiency on the economic performance of manufacturing enterprises. The developed tools for assessing the impact of inventory management on the performance of a representative group of pulp and paper enterprises were tested and verified. A comprehensive analysis of the impact of stocks on the performance of pulp and paper enterprises allowed us to identify existing trends and patterns characterizing the effectiveness of inventory management, to determine the competitiveness profile of enterprises for inventory management and targets for enterprises grouped by sales volume, to calculate industry average dependencies of asset use efficiency on a number of indicators using correlation and regression analysis. Practical use of the methodological approaches and recommendations developed in the master's thesis will allow enterprises to identify reserves for the subsequent improvement of inventory management, make informed management decisions on investment in reserves to increase the efficiency and competitiveness of manufacturing enterprises.

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses