TY - JOUR
T1 - Operations manager turnover and inventory fluctuations
AU - Alfaro, José A.
AU - Tribó, Josep A.
PY - 2003/1/11
Y1 - 2003/1/11
N2 - We 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.
AB - We 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.
KW - Inventory fluctuations
KW - Operations manager
KW - Turnover
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U2 - 10.1016/S0925-5273(02)00268-2
DO - 10.1016/S0925-5273(02)00268-2
M3 - Article
AN - SCOPUS:0037431649
SN - 0925-5273
VL - 81-82
SP - 51
EP - 58
JO - International Journal of Production Economics
JF - International Journal of Production Economics
ER -