IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-02789122.html
   My bibliography  Save this paper

Inventories in the wine industry: From sector and financial determinants to strategic behaviors

Author

Listed:
  • Carole Maurel

    (UM - Université de Montpellier, MRM - Montpellier Research in Management - UPVM - Université Paul-Valéry - Montpellier 3 - UPVD - Université de Perpignan Via Domitia - Groupe Sup de Co Montpellier (GSCM) - Montpellier Business School - UM - Université de Montpellier)

  • Françoise Pierrot

    (UM - Université de Montpellier, MRM - Montpellier Research in Management - UPVM - Université Paul-Valéry - Montpellier 3 - UPVD - Université de Perpignan Via Domitia - Groupe Sup de Co Montpellier (GSCM) - Montpellier Business School - UM - Université de Montpellier)

  • Foued Cheriet

    (UMR MOISA - Marchés, Organisations, Institutions et Stratégies d'Acteurs - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - INRA - Institut National de la Recherche Agronomique - Montpellier SupAgro - Centre international d'études supérieures en sciences agronomiques - CIHEAM-IAMM - Centre International de Hautes Etudes Agronomiques Méditerranéennes - Institut Agronomique Méditerranéen de Montpellier - CIHEAM - Centre International de Hautes Études Agronomiques Méditerranéennes - Montpellier SupAgro - Institut national d’études supérieures agronomiques de Montpellier, Montpellier SupAgro - Institut national d’études supérieures agronomiques de Montpellier)

  • Paul Amadieu

    (UM - Université de Montpellier, MRM - Montpellier Research in Management - UPVM - Université Paul-Valéry - Montpellier 3 - UPVD - Université de Perpignan Via Domitia - Groupe Sup de Co Montpellier (GSCM) - Montpellier Business School - UM - Université de Montpellier)

Abstract

Wine inventories constitute a central issue in the wine industry (Koulayom and Chopov, 2007). To our knowledge, no previous study focused on the inventories in the wine industry; no research study presented inventory policies, inventory behavior and inventory performance in this specific industry. This is why we propose in this exploratory study based on qualitative approach, an overview of this question in wine specific sector where inventories play a central role. In this context, this paper aims at providing insight into the determinants of wine inventories, inventory behaviors and wine business strategies', and their impacts on enterprises performance.

Suggested Citation

  • Carole Maurel & Françoise Pierrot & Foued Cheriet & Paul Amadieu, 2019. "Inventories in the wine industry: From sector and financial determinants to strategic behaviors," Post-Print hal-02789122, HAL.
    • Handle: RePEc:hal:journl:hal-02789122
    Note: View the original document on HAL open archive server: https://hal.inrae.fr/hal-02789122
    as

    Download full text from publisher

    File URL: https://hal.inrae.fr/hal-02789122/document
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Henri Koulayom & Borislav Chopov, 2007. "Quelles Perspectives Pour La Recherche En Comptabilite Et En Finance Dans Les Entreprises Evoluant Dans Le Secteur Vitivinicole En France ?," Working Papers hal-01147878, HAL.
    2. Dimson, Elroy & Rousseau, Peter L. & Spaenjers, Christophe, 2015. "The price of wine," Journal of Financial Economics, Elsevier, vol. 118(2), pages 431-449.
    3. Vedran Capkun & Ari-Pekka Hameri & Lawrence A. Weiss, 2009. "On the relationship between inventory and financial performance in manufacturing companies," Post-Print hal-00493163, HAL.
    4. Sergey Rumyantsev & Serguei Netessine, 2007. "What Can Be Learned from Classical Inventory Models? A Cross-Industry Exploratory Investigation," Manufacturing & Service Operations Management, INFORMS, vol. 9(4), pages 409-429, April.
    5. Bukenya, James O. & Labys, Walter C., 2007. "Do fluctuations in wine stocks affect wine prices?," Working Papers 37317, American Association of Wine Economists.
    6. Vedran Capkun & Ari-Pekka Hameri & Lawrence A. Weiss, 2009. "On the relationship between inventory and financial performance in manufacturing companies," Post-Print hal-00466392, HAL.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Yingying Xin & Xiao Zeng & Zhengying Luo, 2022. "Customers' tone in MD&A disclosure and suppliers' inventory efficiency: Evidence from China," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(8), pages 3833-3853, December.
    2. Demeter, Krisztina & Golini, Ruggero, 2014. "Inventory configurations and drivers: An international study of assembling industries," International Journal of Production Economics, Elsevier, vol. 157(C), pages 62-73.
    3. Casalin, Fabrizio & Pang, Gu & Maioli, Sara & Cao, Ting, 2017. "Inventories and the concentration of suppliers and customers: Evidence from the Chinese manufacturing sector," International Journal of Production Economics, Elsevier, vol. 193(C), pages 148-159.
    4. Robb, David J. & Liu, Fei & Lai, Richard & Ren, Z. Justin, 2012. "Inventory in mainland China: Historical, industry, and geographic perspectives," International Journal of Production Economics, Elsevier, vol. 135(1), pages 440-450.
    5. Zbigniew Golas, 2020. "Does Inventory Management Improve Profitability? Empirical Evidence from Polish Manufacturing Industries," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 939-961.
    6. Achintya Ray, 2018. "Are Inventories Accretive? Lessons from Inventory and Earnings Relationship in the U.S. Capital Goods Sector," Accounting and Finance Research, Sciedu Press, vol. 7(1), pages 1-40, February.
    7. Kroes, James R. & Manikas, Andrew S. & Gattiker, Thomas F., 2018. "Operational leanness and retail firm performance since 1980," International Journal of Production Economics, Elsevier, vol. 197(C), pages 262-274.
    8. Godfred Adjapong Afrifa & Ahmad Alshehabi & Ishmael Tingbani & Hussein Halabi, 2021. "Abnormal inventory and performance in manufacturing companies: evidence from the trade credit channel," Review of Quantitative Finance and Accounting, Springer, vol. 56(2), pages 581-617, February.
    9. Bendig, David & Brettel, Malte & Downar, Benedikt, 2018. "Inventory component volatility and its relation to returns," International Journal of Production Economics, Elsevier, vol. 200(C), pages 37-49.
    10. Abdullah, Hariem & Aziz, Hemn, 2017. "Impact of Just-In-Time manufacturing on profit maximization," MPRA Paper 112365, University Library of Munich, Germany.
    11. Folinas, Dimitris & Shen, Chia-Yi, 2014. "Exploring Links among Inventory and Financial Performance in the Agricultural Machinery," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 2(4), pages 1-12, October.
    12. Chen Weijun, 2022. "The Impact of Government Support and Technological Innovation on Enterprise Performance: A Case Study of Guangdong Hi- tech Enterprises," International Journal of Science and Business, IJSAB International, vol. 14(1), pages 196-231.
    13. Warburton, Roger D.H. & Hodgson, J.P.E. & Nielsen, E.H., 2014. "Exact solutions to the supply chain equations for arbitrary, time-dependent demands," International Journal of Production Economics, Elsevier, vol. 151(C), pages 195-205.
    14. Alam, Md Samsul & Safiullah, Md & Islam, Md Shahidul, 2022. "Cash-rich firms and carbon emissions," International Review of Financial Analysis, Elsevier, vol. 81(C).
    15. Eunhye (Olivia) Park & Woo-Hyuk Kim, 2021. "The effect of inventory turnover on financial performance in the US restaurant industry: The moderating role of exposure to commodity price risk," Tourism Economics, , vol. 27(7), pages 1417-1429, November.
    16. Isaac Elking & John-Patrick Paraskevas & Curtis Grimm & Thomas Corsi & Adams Steven, 2017. "Financial Dependence, Lean Inventory Strategy, and Firm Performance," Journal of Supply Chain Management, Institute for Supply Management, vol. 53(2), pages 22-38, April.
    17. Danquah Jeff Boakye & Ishmael TIngbani & Gabriel Ahinful & Isaac Damoah & Venancio Tauringana, 2020. "Sustainable environmental practices and financial performance: Evidence from listed small and medium‐sized enterprise in the United Kingdom," Business Strategy and the Environment, Wiley Blackwell, vol. 29(6), pages 2583-2602, September.
    18. Elias Sanidas & Hyeri Park, 2011. "Korean Augmented Production Function: The Role Of Services And Other Factors In Korea¡¯S Economic Growth Of Industries," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 36(1), pages 59-85, March.
    19. Brandenburg, Marcus, 2016. "Supply chain efficiency, value creation and the economic crisis – An empirical assessment of the European automotive industry 2002–2010," International Journal of Production Economics, Elsevier, vol. 171(P3), pages 321-335.
    20. Andrew S. Manikas & James R. Kroes, 2018. "The relationship between lean manufacturing, environmental damage, and firm performance," Letters in Spatial and Resource Sciences, Springer, vol. 11(2), pages 141-155, July.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-02789122. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.