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Efficient stocks administration in the frame of the present economic crisis

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Author Info

  • Mihai Deju
  • Simona Elena Dragomirescu

Abstract

The economic-financial crisis made its presence felt through more or less shy signals. All companies from the international and national market started to feel the crisis’s negative effects, several declaring bankruptcy, or diminishing temporary their activity. The consequences are multiples: the unemployment’s rate increase, the decreasing of the purchase power and reducing the goods demand from the luxury ones up to the one for consumption etc. Under these circumstances, companies have to avoid the immobilization of financial resources in products stocks that cannot be sold in the near future period, because otherwise would attract the danger of costs increasing, cashing decrease and generation of loses that may endanger the companies capacity of surpassing the present crisis. Therefore, all companies, no matter their size, should find during this period means of efficient stocks administration.

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File URL: http://sceco.ub.ro/DATABASE/repec/pdf/2010/20101507.pdf
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Bibliographic Info

Article provided by "Vasile Alecsandri" University of Bacau, Faculty of Economic Sciences in its journal Studies and Scientific Researches. Economics Edition.

Volume (Year): (2010)
Issue (Month): 15 ()
Pages:

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Handle: RePEc:bac:fsecub:10-15-07

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Related research

Keywords: stocks; administration; efficiency; Just-In-Time method; economic crisis;

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