Developing a Strategy to Improve Reliability in Supply Chains

Abstract

The current stage in the evolution of logistics theory and supply chain management is characterized by an increasing interest in a range of new concepts, such as sustainable development, sustainability, strength, flexibility, adaptability, reaction speed, and reliability. The improvement of reliability and efficient organization of supply chains have an impact not only on the activities of individual economic entities included in this supply chain, but also on the pace and proportions of economic development of the Russian national economy as a whole.The article analyses domestic and foreign scientific works, which consider issues of supply chain reliability, essence and concept of strategic approach and strategic alternatives for optimal strategy formation of supply chain reliability improvement. Factors affecting the formation of reliability strategies in supply chains, requirements and methods ensuring reliability of supply chains are systematized. An integral indicator for evaluating the reliability of the supply chain is proposed and a system of reliability indicators is formulated. This indicator measures the quality of the developed strategy for improving the reliability of the supply chain and compares the reliability of the supply chain before and after the formation of the strategy and the reliability of the various supply chains.

Analysis of long-term trends of world prices for agricultural products

“…In the process of implementation of these directions of pricing policy improvement for the products of agricultural sector it is necessary to solve the following tasks: -to establish the unified methodological framework for pricing of agricultural products; -to ensure the priority of the agro-industrial complex development; -to guarantee the equivalence of exchange between the agro-industrial complex and other sectors of the national economy [11][12][13][14][15].…”

Methodology for classification and typology development of regions with a view to promoting export of agricultural products

“…It is suggested to calculate the integral indicators using five interrelated stages: -selection of the set of indicators which should serve as the basis for group creation and integral indicator calculation; -implementation of region ranking process using the clustering technique (it is possible to use the automated product STATISTICA 12); -modification of previously selected indicators and their translation into a scoring system in order to ensure comparability; it is important to bear in mind that various indicators with different units of measurement can be used to construct the integral indicator; -identification of the weight of each indicator using the expert assessment method; -identification of the most efficient way to aggregate the indicators into one system [10][11][12][13].…”

Benefits and Risks of Utilizing Mobile Technology for Streamlining Logistics Operations and Enhancing the Efficiency of Supply Chain Management in Developing Economies

“…SCM is cost-led and aims to provide an adequate level of service [27]. It also involves the integration of logistics processes starting from the end-user and covering all intermediaries and providers of products, services, and information that enhance value for consumers and other stakeholders [28].…”