THE INTRODUCTION OF MODERN METHODS OF LOGISTICS IN ENTREPRENEURIAL ACTIVITY Cover Image

THE INTRODUCTION OF MODERN METHODS OF LOGISTICS IN ENTREPRENEURIAL ACTIVITY
THE INTRODUCTION OF MODERN METHODS OF LOGISTICS IN ENTREPRENEURIAL ACTIVITY

Author(s): Galyna L. MATVIIENKO-BILIAIEVA, Hanna Strokovych, Kseniia O. VELYKYKH, Victoria Kozub, Mykhailo Bril
Subject(s): Economy, Business Economy / Management
Published by: Asociaţiunea Transilvană pentru Literatura Română şi Cultura Poporului Român - ASTRA
Keywords: business; entity; efficiency; stages; logistics implementation; Ukrainian economy;

Summary/Abstract: The functioning of each state is ensured by the effective public administration and functioning of the enterprises that form the basis of its economy. The current state of the Ukrainian economy has defined the problem for many business entities regarding reforming management systems by introducing organizational models that maximize profits in the short term, increase capital, in the long run, and address social issues of staff. Logistical management greatly influences the state of financial and economic and legal support in the market conditions of various economic relations. The article deals with the essence of logistics in the process of doing business. The basic methods of logistics are investigated, namely: system analysis method; method of cybernetics; economic and mathematical modeling; method of operations research; predictive method. It is determined that the application of each of them depends on the competence of the specialists who apply them. It is suggested to use expert computer support of logistics processes to increase the effectiveness of managerial decision making.

  • Issue Year: VIII/2020
  • Issue No: Supplement
  • Page Range: 155-166
  • Page Count: 12
  • Language: English