from the conferences organized by TANGER Ltd.
The 13th Five-Year Plan for Economic and Social Development of People’s Republic of China lasted from 2016 to 2020. During the period, Chinese steel enterprises have maintained the status of “high yield, high inventory, high cost”. Since the “Supply-Side Reform” started in 2016, the supply and demand situation has been improved, with price and production quantity both increasing. This article provides the model built upon the panel data of Chinese 29 listed steel companies from 2016 to 2020 and studies the impacts of supply chain concentration and lead time towards inventory performance from the perspective of Chinese listed steel companies. The study reveals that the shorter the purchase lead time and sales lead time of the steel companies, the higher the inventory turnover, while purchase concentration of these companies has no significant influence on inventory turnover.
Keywords: Supply chain, steel, inventory performance, panel data model© This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.