Operations manager turnover and inventory fluctuations
AbstractWe argue that a recently appointed operations manager deploys a higher variability inventory policy than a high-tenure operations manager does. This contention is supported by the idea that the former manager determines the production schedule by focusing on the current-period demand for information, while the latter also incorporates her expectations over future demand shocks. A second theoretical outcome of this study is that the variability of inventory and of the number of firm's employees are positively correlated, especially in firms with a recently appointed operational manager. Such managers use cojointly inventory and temporary workers to buffer demand shocks more often than high-tenure managers. Empirical support for these propositions was gathered from two databases of Spanish manufacturing firms.
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Bibliographic InfoArticle provided by Elsevier in its journal International Journal of Production Economics.
Volume (Year): 81-82 (2003)
Issue (Month): 1 (January)
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Web page: http://www.elsevier.com/locate/ijpe
Other versions of this item:
- Alfaro, José A. & Tribó, Josep A., 2003. "Operations manager turnover and inventory fluctuations," Open Access publications from Universidad Carlos III de Madrid info:hdl:10016/7542, Universidad Carlos III de Madrid.
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- Tribo, Josep A., 2007.
"Ownership structure and inventory policy,"
International Journal of Production Economics,
Elsevier, vol. 108(1-2), pages 213-220, July.
- Tribó, Josep A., 2007. "Ownership structure and inventory policy," Open Access publications from Universidad Carlos III de Madrid info:hdl:10016/6083, Universidad Carlos III de Madrid.
- Josep A. Tribó, 2004. "Ownership Structure And Inventory Policy," Business Economics Working Papers wb043211, Universidad Carlos III, Departamento de Economía de la Empresa.
- de Vries, Jan, 2007. "Diagnosing inventory management systems: An empirical evaluation of a conceptual approach," International Journal of Production Economics, Elsevier, vol. 108(1-2), pages 63-73, July.
- José Antonio Alfaro & Josep Tribó, 2003. "Monitoring, Operational Manager Efforts and Inventory Policy," Faculty Working Papers 11/03, School of Economics and Business Administration, University of Navarra.
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