Inventory management in food retail in Serbia

Radojko Lukic

doi:10.2478/mjfst-2022-0001

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Inventory management in food retail in Serbia

MASO INTERNATIONAL – JOURNAL OF FOOD SCIENCE AND TECHNOLOGY

Volume 11 (2021): Issue 1 (May 2021)

By: Radojko Lukic

Open Access

|May 2022

Abstract

In this paper, the determinants (return gross margin on inventory, return gross margin on sales, inventory turnover ratio, firm size, capital intensity) of inventory management efficiency in Serbian trade are investigated. An econometric approach is used. The research established that the key factors in the efficiency of inventory management in Serbian trade are: return gross margin on sales (gross margin/sales) and inventory turnover ratio (sales/inventories). Their effective control can achieve the target profit of food retailers in Serbia.

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Articles in this issue

DOI: https://doi.org/10.2478/mjfst-2022-0001 | Journal eISSN: 1805-529X | Journal ISSN: 1805-5281

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Language: English

Page range: 3 - 10

Published on: May 6, 2022

Published by: University of Veterinary Sciences Brno

In partnership with: Paradigm Publishing Services

Publication frequency: 1 issue per year

Keywords:

return gross margin on inventory,

return gross margin on sales,

inventory turnover ratio,

firm size,

capital intensity,

econometric analysis

Related subjects:

Business and economics,

Agribusiness, food industry,

Industrial chemistry,

Food science and technology,

Medicine,

Veterinary medicine

© 2022 Radojko Lukic, published by University of Veterinary Sciences Brno
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Volume 11 (2021): Issue 1 (May 2021)