Assessment of logistic risks with the purpose of strategic management
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Date
2019
Authors
Makarenko, P. M.
Piliavskui, V.
Berezina, L. M.
Khorishko, K.
Kolokolchykova, I.
Макаренко, Петро Миколайович
Березіна, Людмила Михайлівна
Journal Title
Journal ISSN
Volume Title
Publisher
Academy Of Strategic Management Journal, USA
Abstract
The concept of Effective Customer Response of the logistics distribution of agroindustrial products, in which logistic costs represent a systemic pricing factor, is considered, as a result of which they directly affect the market prices of goods and services. A model for logistic risks assessment without taking into account the costs of storing excess stocks over time, based on the axiomatic theory of economic analysis, has been built. The implementation of the existing model for agro industrial enterprises allows to reduce production costs by reengineerin material management systems, saving reserves, revealing “hidden” costs, increasing the rhythm of production, reducing the costs of material flow maintenance.
Description
Makarenko, P. M., Piliavskui, V., Berezina, L. M., Khorishko, K., Kolokolchykova, I. Assessment of logistic risks with the purpose of strategic management. Academy of Strategic Management Journal : 2019. USA. Vol 18, Issue 3. pp. 1-7
Keywords
Logistic Costs, Effective Customer Response, Logistic Risk