An empirical study on the Influence of Supply Chain Concentration on Inventory Management of Chinese Manufacturing Enterprises

Abstract

 The development of manufacturing industry reveals a country's productivity level, and supply chain concentration and inventory management are extremely important for manufacturing enterprises, because it not only contributes to the internal and external circulation of manufacturing enterprises, but also brings certain economic value. Chinese enterprises sell their products all over the world by virtue of excellent supply chain and efficient inventory management. In this paper, we take Chinese listed manufacturing enterprises from 2007 to 2021 as the research object to explore the impact of supply chain concentration on their inventory turnover. The empirical results show that the higher the concentration of the supply chain, the higher the inventory turnover of manufacturing enterprises, that is, the higher the efficiency of inventory management. In addition, customer concentration will also play a positive role in regulating the relationship between the two.