Strategically supplier-oriented management in the procurement process of JSC “Russian Railways”

Abstract

JSC "Russian Railways" is one of the world's largest companies in the railway market. It ensures the safety and accessibility of transport in Russia, reduces the transport load on its economy. JSC "Russian Railways" is a company founded by the Russian Federation. In the conditions of the global financial crisis and limited budget resources, the search for ways to reduce the costs of its operation comes to the forefront. In the supply, there is a significant potential for increasing the efficiency of any company's activity by saving on purchases in the case of choosing a key supplier that meets all customer's criteria. In turn, the growing relevance in modern conditions is acquired by strategically supplier-oriented management in the process of meeting the needs and requirements of companies. In this regard, the article substantiates the need for strategically supplier-oriented management of commodity and material values in supply chains, systematizes supplier management strategies. The experience of procurement and selection of suppliers of goods, works and services for the needs of JSC "Russian Railways" was studied, a methodology was proposed for ranking criteria for the selection of products and suppliers in order of the decreasing significance value, allowing to expand the method of rating the existing and potential sources of supply.

Improvement of methodological principles of financial resources management of enterprises in economy of Ukraine

“…In order to effectively formulate and effectively use of financial resources of the enterprise, research is conducted on the directions of improvement of the methodological principles of management of financial resources. The most well-known experts [1][2][3] once again emphasized the methodology of innovative development of enterprise financing. That is why, developing theoretical, methodological and practical principles of financing and finding alternative sources of financing for innovative development of enterprises of the national economy of Ukraine, one should take an example of developed countries.…”

“…In modern conditions strategic importance is acquired by strategic management at enterprises of various spheres of activity indicated in the paper [3]. This is aimed at consistently coordinating strategies and defining strategic benchmarks for all employees of the company.…”