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Economic-mathematical model for risk management of sales channels of small enterprises

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Języki publikacji
EN
Abstrakty
EN
The importance of economic and mathematical study of small enterprises is emphasized as an innovative element of economic development. The potential risks appearing during choice of distribution channel of small enterprises are structured, actions for minimizing the risks are indicated. The need to identify the most threaten risks is emphasized, for this purpose the ABC-analysis is recommended. The mathematical tools are developed to minimize risks when choosing sales channels of small enterprises. The model of optimization management of the choice of sales channels based on minimizing risk is proposed. As an example, Svitovyr LLC (Lviv, Ukraine) was considered. The optimal production distribution between the direct (exhibition sales, internet sales) and indirect (specialized hypermarket, distribution network) sales channels was proposed.
Twórcy
autor
  • Jan Długosz University in Częstochowa, Institute of Law, Administration and Management, ul. Zbierskiego 2/4, 42-200, Częstochowa, Poland
Bibliografia
  • [1] T. Bedford, R. M. Cooke, Probabilistic Risk Analysis: Foundations and Methods,Cambridge University Press, Cambridge, 2001.
  • [2] C.-H. Chu, Y.-C. Chu, Computerized ABC analysis: the basis for inventory management, Computers & Industrial Engineering 13 (1987), 66–70.
  • [3] F. J. Fabozzi, H. M. Markowitz, F. Gupta, Portfolio selection, In: F. J. Fabozzi, H. M. Markowitz (eds.) The Theory and Practice of Investment Management, 2nded., pp. 15–42. John Wiley & Sons, Hoboken, New Jersey, 2011.
  • [4] B. E. Flores, D. C. Whybark, Multiple criteria ABC analysis, International Journal of Operations & Production Management 6 (1986), 38–46.
  • [5] B. E. Flores, D. C. Whybark, Implementing multiple criteria ABC analysis, Journal of Operations Management 7 (1987), 79–85.
  • [6] E. Kardas, Analiza zapasów metodami ABC i XYZ w przedsiębiorstwie budowlanym, Logistyka 6 (2013), 597–601.
  • [7] M. J. Magee, D. S. Pathak, T. P. Sherrin, D. N. Schneider, ABC analysis of the relationship between pharmacy charges and DRGs, American Journal of Health-System Pharmacy 42 (1985) 571–576.
  • [8] H. M. Markowitz, Portfolio Selection. Efficient Diversification of Investments. John Wiley & Sons, New York, 1959.
  • [9] A. J. McNeil, R. Frey, P. Embrechts, Quantitative Risk Management: Concepts, Techniques and Tools, Princeton University Press, Princeton, New Jersey, 2015.
  • [10] L. J. Robinson, P. J. Barry, The Competitive Firm’s Response to Risk, Macmillan, New York, 1987.
  • [11] N. A. Shpak, T. Kyrylych, Analysis of risks arising in attracting new sales channel diversification in the marketing of small engineering companies, Proceedings of the National University "Lviv Polytechnic". Series: Management and Entrepreneurship in Ukraine: Problems and Stages of Development 797 (2014), 155–167.
  • [12] N. Shpak, T. Kyrylych, J. Greblikait˙e, Diversification models of sales activity for steady development of an enterprise, Sustainability 8 (2016), 393; doi: 10.3390/su8040393.
  • [13] B. Szczesniak, M. Zasadzien, Ł. Wapienik, Zastosowanie analizy Pareto oraz diagramu Ishikawy do analizy przyczyn odrzutów w procesie produkcji silników elektrycznych, Zeszyty Naukowe Politechniki Slaskiej, Seria: Organizacja i Zarzadzanie 63a (2012), 125–147.
  • [14] A. A. Tsay, Risk sensitivity in distribution channel partnerships: implications for manufacturer return policies, Journal of Retailing 78 (2002), 147–160.
  • [15] H. Wyrebek, Znaczenie metody ABC w doskonaleniu jakości zarządzania, Zeszyty Naukowe Uniwersytetu Przyrodniczo-Humanistycznego w Siedlcach, Seria: Administracja i Zarządzanie 88 (2011), 175–183.
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-ec1a435a-bfc2-4b41-8f55-8266ff4adecb
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