The New Approach To Inventory Optimisation
There is a hidden reserve for improving the efficiency of supply chains at inventory management. The aim of this research is to develop a special approach for optimization of such systems with regard to the Time Value of Money (TVM) according to the scheme of simple interest, and to modify the EOQ formula respectively. It is caused by the fact that in such models profits are not used to increase the total annual supply, and the interest rate for the calculation of the TVM should reflect the effectiveness of cash flow of supply chain itself. A new formula considering the TVM for EOQ is found. The analytical assessment of the interest rate, which characterizes the supply chain efficiency and is applied in calculations with the use of the generalized EOQ formula, is given. The developed method allows to receive additional synergy effect the increase in profitability of a working capital.
The book focuses on the original classification of models and methods applied in logistics; analyses and summarizes approaches used in procurement, production and distribution logistics; provides either improved or newly developed models and methods solutions: intermediaries choice, ABC-XYZ analysis, EOQ, multi-item and multicomponent deliveries, determines working and safety stock as well as models and algorithms of transport and warehousing logistics. etc.
The article presents a special modification of the EOQ-formula for a diversified EOQ-model of inventory management with account to specifics of lot deliveries. It will allow managers to determine the optimal parameters of the inventory management strategy if it is required to take into account the following features: 1) the possibility of order payment deferral; 2) time value of money at cashflow modelling 3) incomes specifics, when the proceeds come with a delay 4) specificity of storage costs payment (in form of rent or by the occupied storage space). In addition, the article specifies some options related to the possibility of using such a formula if it is necessary to additionally take into account: a) the restriction on the allowable length of the delay in payment of goods, so that the point of receipt of the proceeds did not exceed the corresponding reorder interval duration (on average); b) the vehicle capacity. The presented research materials on optimization of supplies will allow managers to estimate the effect of permissible delays in order payments, delays in receipt of proceeds, and the factor of vehicle capacity on the parameters of the optimal strategy of inventory management. The procedures of EOQ formula modification for inventory management systems are performed in relation to interesting and business-relevant models of this type that correspond to efficient deliveries, where these delays allow to make order payments from revenue at reordering intervals.
The monograph contains the results of a study of the theoretical and methodological issues of managing the liquidity of a firm. The essence of this category is determined, the types of liquidity and their financial consequences for the company are identified; various groups of methods for measuring liquidity of a company are summarized and systematized, allowing to give a comprehensive assessment of this financial characteristic, factors shaping it, ways to maintain liquidity and potential threats to reduce it. The fundamentals of liquidity management in the organization’s financial management system are investigated, providing for the need to implement the principles of interconnection and balance of strategic and short-term financial goals, risk and profitability of a company based on a two-tier liquidity management system. A system of methods, models and tools for managing liquidity is presented within the framework of the formation of the company's working capital management policy and the management of its components - stocks, receivables and payables, and cash, which determine the level of liquidity of the company. The features and priorities of managing the liquidity of transport companies are highlighted, which are based on an analysis of the specifics of their activities, capital formation, structure of current assets and sources of its financing.
A mathematical model to make strategic decisions on the design of the supply chain of products with high added value of the associated petroleum gas sold in the mathematical programming language AMPL. The model allows to determine the optimal location of production and logistics facilities, mode of transportation and storage, as well as to decide on the building of capacities, choice of market implementation of the final product.
In this article using the integral method of analysis (IMA) the impact of various factors on the total logistics costs was assessed and future research directions of the application of the IMA were indicated.
This article reviews the modern approaches to the analysis of conflict situations in a supply chain. Four main areas of conflict analysis are identified and discussed in the paper: mathematical methods, hierarchical analysis, total cost modeling business processes.
According to various estimates global GDP is about 60-70 trillion dollars, at the same time the costs of logistics in the world accounts for 12 trillion dollars per year. These figures are comparable to costs associated with armaments, public health service and other important areas of human activity.
Consequently, the search of practical ways and development of effective mechanisms for reducing logistics costs is a major problem, the solving of which will improve efficiency and competitiveness of enterprises. Thus, the purpose of this paper is the development of methods and models for EOQ calculation in supply chains as well as development of matrix of decision-making for the design of new modified EOQ models, designed to optimize logistics costs of companies in supply chains.
The paper examines the structure, governance, and balance sheets of state-controlled banks in Russia, which accounted for over 55 percent of the total assets in the country's banking system in early 2012. The author offers a credible estimate of the size of the country's state banking sector by including banks that are indirectly owned by public organizations. Contrary to some predictions based on the theoretical literature on economic transition, he explains the relatively high profitability and efficiency of Russian state-controlled banks by pointing to their competitive position in such functions as acquisition and disposal of assets on behalf of the government. Also suggested in the paper is a different way of looking at market concentration in Russia (by consolidating the market shares of core state-controlled banks), which produces a picture of a more concentrated market than officially reported. Lastly, one of the author's interesting conclusions is that China provides a better benchmark than the formerly centrally planned economies of Central and Eastern Europe by which to assess the viability of state ownership of banks in Russia and to evaluate the country's banking sector.
The paper examines the principles for the supervision of financial conglomerates proposed by BCBS in the consultative document published in December 2011. Moreover, the article proposes a number of suggestions worked out by the authors within the HSE research team.
портовый менеджмент, показатели деятельности, анализ эффективности, система учета, распределение издержек, методы анализа деятельности портовой системы
At present many industries reveal tendency for setting up of vertically integrated companies (VIC) the structure of which unites all technological processes. This tendency proved its efficiency in oil industry where coordination of all successive stages of technological process, namely, oil prospecting and production -oil transportation - oil processing - oil chemistry - oil products and oil chemicals marketing, is necessary. The article considers specific features of introduction of "personnel management" module at enterprises of oil and gas industry.
vertically integrated companies; personnel management