Inventory Management and Financial Profitability of Cooperatives

Authors

DOI:

https://doi.org/10.59051/joaf.v12i2.490

Keywords:

Cooperative, Inventory management, Management control, Financial profitability

Abstract

The sustainability and financial profitability of cooperatives occupy a major place in the economic policies of several countries. Morocco has invested heavily in this niche of the social and solidarity economy given its colossal contribution to reducing the unemployment rate and poverty. However, in recent years and especially in the era of the COVID-19 crisis, a significant number of these organizations are facing financial constraints linked to multiple factors, in this case inventory management. Thus, this article attempts to highlight the existing links between stock management and the financial profitability of cooperatives in Morocco.

To achieve this goal, we adopt a quantitative methodology within the framework of a deductive approach by presenting a conceptual and theoretical framework allowing to advance hypotheses. These latter were verified by a descriptive and a correlational analysis of the data collected using a questionnaire administered to 31 cooperatives. Thus, our study made it possible to clarify that the financial profitability of the cooperative improves by implementing good stock management. The latter has an impact on the financial profitability of the cooperative, it also influences consumer behavior, and good stock management helps to satisfy customers, increase sales and subsequently develop financial profitability.

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Author Biography

Rachid EL BETTIOUI, Département de la Formation Professionnelle

Rachid EL BETTIOUI, born in 1980 in Morocco. Holder of a national doctorate in economic sciences and management at the Hassan II University of Casablanca. Holder of Master in Applied Economics and a Master in Organizational Communication at Ibn Zohr University in Agadir. Holder of a bachelor in management science and a bachelor in English. Holder of a diploma in application engineering in telecommunications from the Royal School of Transmissions. Currently Director of the Specialized Institute of Applied Technology and President of the Center for Research, Studies, Training and Development "CREFD" in Morocco. Consultant in data analysis methods applied in management. University lecturer in management. Former Project Manager with the international company Nielsen (Market research) and with the organization Zakoura Education. Former Head of Communication with the United Nations in Africa (between 2002 and 2006). Author of several articles in economics and management and Communication.

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Published

2021-12-31

How to Cite

EL BETTIOUI, R. . (2021). Inventory Management and Financial Profitability of Cooperatives. Journal of Academic Finance, 12(2), 73–88. https://doi.org/10.59051/joaf.v12i2.490

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Articles