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Study Title: Surveying Industry Executives: Perceptions on Cash, Inventory and Financial Performances 
Administering Institution: North Park University 
Investigators: Mark Gavoor & Jomarie Perlas

Part I. PURPOSE & PARTICIPATION
1) The purpose of this study is to determine the industrial perception of inventory and inventory management.
2) Participation in this study is voluntary; you may withdraw or exit the survey at any time without penalty. 
3) You are free to decline any question that you do not want to answer for any reason. 
4) It should take approximately 10-15 minutes to complete the survey.
Part II. NON-DISCLOSURE AGREEMENT
1) Your responses will be confidentially analyzed. 
2) All data collected in the survey will be stored in such a manner that you will be non-identifiable to all persons and publications outside the knowledge of the investigators. 
3) Your completed questionnaire, contact information and any other identifiable information will not be given out.
Part III. BENEFITS & RISKS
1) You may receive informational benefits and practical applications from participating in this study.
2) No foreseeable risks are involved in participating in this study other than encountering the risks of day-to-day life, and feeling tired from answering many survey questions. 
3) There is no expected compensation for any injury due to protocol---this research study will not inflict intentional harm as a direct result of taking the survey. 

For further inquiries:
Mark Gavoor, Professor of Operations Management
E-mail: mdgavoor@northpark.edu
Phone: (773) 244-5784 [W] (630) 242-0502 [C]

Jomarie Perlas, Student
E-mail: japerlas@northpark.edu 
Phone: (630) 352-1246 [C]
     
 
What is your primary function of employment at your company/organization?


 
What is your primary title of employment at your company/organization?


 
What industry does your company/organization operate in?


 
What was the estimated total revenue* of your company/organization?

* for the last fiscal year

 
Are you a part of a subsidiary unit* at your company/organization?

*a company controlled by a parent company (e.g. GEICO Auto Insurance is a subsidiary of Berkshire Hathaway Inc., or Disney Channel is a subsidiary of The Walt Disney Company)
     
 
What was the estimated total revenue* of your subsidiary unit?

*for the last fiscal year

 
Does your company/organization track inventory turnover?

     
 
Does your company/organization track inventory days coverage?

     
 
Does your company/organization track inventory as a percent of sales?

     
 
What does your company/organization report inventory in?


 
What estimated percentage of your company/organization's inventory is slow/excess and obsolete?

Type a number from 0-100 below. Omit units.
 
Does your company/organization currently have an Inventory Objective?

     
 
Who is primarily responsible for the Inventory Objective?


 
What is the unit for your Inventory Objective?


 
Do you know the baseline for when your current Inventory Objective was established?

     
 
What was the baseline when your Inventory Objective was established?

Type the number below. Omit units.
 
Can you share the goal of your Inventory Objective?

     
 
What is the goal for your Inventory Objective?

Type the number below. Omit units.
 
Does your company/organization implement an integrated business planning process such as Sales & Operations Planning (S&OP)?




 
Do you believe that your company/organization’s S&OP has had a positive effect on inventory?




 
How much do you believe that your company/organization’s S&OP has had a positive effect on inventory?

 
Which answer is closest to your reason why your company/organization’s S&OP did not have a positive effect on inventory?


 
Choose the one number that you most agree with for this statement:

Having too much inventory adversely affects* the Supply Chain or Manufacturing Operations."

*Unfavorably or harmfully
 
Choose the one number that you most agree with for this statement:

 “Inventory reduction is pushed because it will release cash.

 
Choose the one number that you most agree with for this statement:

 “Increasing inventory by one turn would generate more cash.”

 
Choose the one number that you most agree with for this statement:

The value of the inventory decrease is the same whether or not you’re increasing from 3 to 4 turns, or 9 to 10 turns."

 
Choose the one number that you most agree with for this statement:

My company/organization rarely experiences quarter end peaking in sales.

 
Explain how your company/organization does or doesn't experience quarter end peaking in sales.

 
Complete the statement:

The relationship between inventory levels and profit is ______________.


 
Complete the statement:

 “There is a ______________ relationship between inventory and cash.

Verifiable = can be proven

 
Explain how you understand the relationship between inventory and cash.

 
Complete the statement:

 “To have better customer service you must have ______________."


 
Explain how you understand the relationship between inventory and customer service.

 
Complete the statement:

The way my company/organization manages inventory is ______________.


 
Explain how your company/organization is or isn’t managing inventory effectively.

 
Complete the statement:

 “The way my company/organization manages slow/excess and obsolete* inventory is ______________.

*Stock that has not shipped in a set period of time, or is at the end of its product life cycle.

 
Explain how your company/organization is or isn’t managing slow/excess and obsolete inventory effectively.

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