Optimization Of Enterprise Logistical Costs In Conditions Of Instability

Abstract

In the article, the current methodology for minimizing the logistical costs of a trade and procurement enterprise in conditions of demand instability was developed. It was based on a reliable prediction of a real situation during the pandemic. A multi-product transport model was built which provided the possibility of interchangeability of goods. The optimization of the order quantity and delivery date for the merchandise group was carried out and suppliers were selected based on bulk discounts. The joint optimization of transport and warehouse costs was analyzed, the absolute values of orders were calculated and a delivery calendar was made up taking into consideration the reduction of risks of a shortage of goods in the warehouse by introducing the reserve stock value for each group of goods into the optimization model. Based on the results of the study, practical recommendations were given to the head of the trade and procurement enterprise on optimizing its functioning, on the procurement, transportation and storage of goods, which provided significant savings in financial flows without additional costs and investments. The management of the enterprise successfully tested the recommendations received. It led to a significant decrease in costs, to an increase of the competitiveness in the market, to an improvement of consumer service and to the increase of salary fund without reducing staff and additional loans.

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This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.

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Publisher

European Publisher

First Online

25.09.2021

Doi

10.15405/epsbs.2021.09.02.261

Online ISSN

2357-1330