Alvi, Mohsin (2012): The impact of packet size on inventory turnover of fmcg products in Pakistan [wholesaler & retailer perspective].
Preview |
PDF
MPRA_paper_39065.pdf Download (510kB) | Preview |
Abstract
A question arise, is there any impact of different packet sizes on consumer buying pattern. The study is focus on retailers and wholesaler perspective in Pakistan context. There are 75 respondents were include in research and handed over them a questionnaire having questions regarding with selling pattern of four different packet sizes (i.e. sachet, quarter pack, half pack and full pack) that formulated data of 300 observations (75*4) and asked them about to buy stock on monthly basis. Data converted from monthly basis to yearly basis in order to compose it into inventory turnover. Simple linier regression (OLS-Model) has been used in analyzing data. It was assumed that there is negative impact of packet size on inventory turnover. Several test has been applied on data include (Test of Sufficiency, Test for Significance and Test for Specification). Result matched with hypothesis and negative impact has been shown that represent that with reducing packet size, inventory turnover increases. Beside this it also shows that mostly people in recent context prefer to buy more sachet or quarter pack as compare to half pack and full pack.
Item Type: | MPRA Paper |
---|---|
Original Title: | The impact of packet size on inventory turnover of fmcg products in Pakistan [wholesaler & retailer perspective] |
Language: | English |
Keywords: | Packet size, Inventory turnover, Simple liner regression |
Subjects: | D - Microeconomics > D3 - Distribution > D30 - General E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles > E31 - Price Level ; Inflation ; Deflation C - Mathematical and Quantitative Methods > C8 - Data Collection and Data Estimation Methodology ; Computer Programs C - Mathematical and Quantitative Methods > C0 - General > C01 - Econometrics C - Mathematical and Quantitative Methods > C2 - Single Equation Models ; Single Variables |
Item ID: | 39065 |
Depositing User: | Mr. Mohsin Hassan Alvi |
Date Deposited: | 04 Jun 2012 13:20 |
Last Modified: | 28 Sep 2019 03:33 |
References: | Takayasu M., Watanabe T. & Ueno H., (2010) Life-span distributions of supermarket products, Journal of Physics: Conference Series, 221, 012 – 018 Yee KL & Shah N. (1997). Scheduling of multistage fast-moving consumer goods plants. Journal of operational research society, 48, 1201-1214 Webster M., Beach R. & Fouweather I., (2006) E-business strategy development: an FMCG sector case study, Supply Chain Management: an International Journal, 11 (4), 353 – 362 Gaur V., Fisher M. L. & Raman A., (2005) An econometric analysis of inventory turnover performance in retail service, management science, 51 (2), 181 – 194 |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/39065 |
Available Versions of this Item
- The impact of packet size on inventory turnover of fmcg products in Pakistan [wholesaler & retailer perspective]. (deposited 04 Jun 2012 13:20) [Currently Displayed]