Work

Evaluation of Efficiency of Logistic Activity Business Entities

Year: 2019
Type: article
Abstract: eValuaTIOn Of effIcIency Of lOgIsTIc acTIVITy busIness enTITIes summary.The article is devoted to topical issues of evaluating the effectiveness of the logistics activities of business entities.The main methodological approaches have been given and characterized to the essence and definitions of assessing the effectiveness of logistics activities in modern conditions.The advantages and disadvantages are described for each of them.The use of an improved method has been proposed and justified for assessing the efficiency and reliability of logistics activities.The methodology for evaluating the effectiveness and reliability is based on the analysis of the structure of logistic costs in relation to profit.Profit is calculated by highlighting them according to the articles of the report on financial results: administrative expenses and distribution costs.Logistic expenses as part of administrative expenses include expenses for logistic administration and expenses for material management.Logistic expenses as part of sales expenses include storage costs, transportation costs, loading / unloading costs and service costs.The technique takes into account features, influence factors and other factors of the trading company.The use of indicators to comprehensively assess the effectiveness of the logistics system by its elements (supply, transportation, storage, marketing) is proposed.A comprehensive indicator of the effectiveness of the logistics activities of the enterprise is calculated by the formula of geometric mean.The integrated indicator of the effectiveness of the logistics activities of an enterprise is calculated as the geometric mean of a comprehensive indicator of the effectiveness of logistics activities over the years of research.Reliability assessment of the logistics activities of the enterprise should be carried out for each of the groups of indicators using the coefficient of variation.The higher the rate of variation, the less reliable a particular logistics system.Evaluation of the effectiveness and reliability of logistics activities was carried out in a particular enterprise according to the proposed methodology.
Language: English
Open Access status: diamond
OpenAlex ID: W3000577012
FWCI:
Cites:
Cited by: 4
Related to: 10