Inventory Management Optimization as Part of Operational Risk Management

Economic Computation and Economic Cybernetics Studies and Research, pp.213-222, April 2009

10 Pages Posted: 3 Mar 2010

See all articles by Grzegorz Michalski

Grzegorz Michalski

Uniwersytet Ekonomiczny we Wrocławiu - Faculty of Engineering and Economics

Date Written: April 2, 2009

Abstract

The basic financial purpose of an enterprise is maximization of its value. Inventory management should also contribute to realization of this fundamental aim. The enterprise value maximization strategy is executed with a focus on risk and uncertainty. This article presents the consequences for the recipients firm that can result from operating risk that is related to delivery risk generated by the suppliers. The present article offers a method that uses portfolio management theory to chose the suppliers.

Keywords: Corporate Liquidity, Firm Value, Delivery Risk, Liquidity, Cash, Demand, Money, Model

JEL Classification: G11, M11, D81

Suggested Citation

Michalski, Grzegorz, Inventory Management Optimization as Part of Operational Risk Management (April 2, 2009). Economic Computation and Economic Cybernetics Studies and Research, pp.213-222, April 2009. Available at SSRN: https://ssrn.com/abstract=1562699

Grzegorz Michalski (Contact Author)

Uniwersytet Ekonomiczny we Wrocławiu - Faculty of Engineering and Economics ( email )

ul. Komandorska 118-120
Wroclaw, 53-345
Poland

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