Risk management of innovative Russian companies in the context of interregional integration

Self Cite

The article explores the issues of supplier evaluation and selection in the organization's procurement management, which is particularly important in the context of the dynamics of logistics networks under the influence of modern market trends. The selection of suitable suppliers affects the performance of the logistics system and, consequently, the results of the company's activities. As a result of the study the algorithm and the technique were developed which enable to increase the objectivity and comprehensiveness of supplier evaluation through the use of several methods and selection of key criteria that correspond to the goals, objectives, and needs of the organization. The results of testing the technique are presented on the example of the company engaged in the production of warehouse equipment. To ensure the required level of flexibility, achieve goals and improve company's performance, it is recommended to evaluate suppliers using the proposed technique cyclically, considering changing factors of the external and internal environment.

Section: Methodsmentioning

confidence: 99%

Improving the supplier evaluation technique in the company's procurement logistics

Barmuta

Borisova²,

Dymchenko³

2022

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“…One of the key challenges for the fintech industry in Russia is the low level of investment [16][17]. The fintech industry is based on the largest financial institutions, while there are very few independent startups, and there are no «unicorn» startups (technology startups that very quickly reach a valuation of USD 1 billion) at all.…”

Section: Fintech Industry Infrastructure In Russiamentioning

confidence: 99%

Fintech as a transformation driver of global financial markets

Serbulova

2021

Information technology is a driving innovation in the financial industry now. Fintech is a disruptive innovation capable of changing traditional financial markets. Although the fintech has been widely discussed, there is a lack of consensus on the definition of the term in the scientific literature. This article investigates the concept of fintech, discusses the emergence and development of fintech sector, and points out new routes and trends in the field of study. This research focuses on the next generation technologies impact on fintech, key drivers and challenges in the global fintech industry. The research represents the current most sensitive aspects also linked to the more global theme of digital transformation. Finally, subject related to the fintech infrastructure in Russia is performed. From practical aspect, this paper is also a direction for companies to help them find out promising technology in fintech. The paper can inspire future research on fintech and its application in the business world.

“…In contemporary conditions, various methods are applied for assessing the state of socio-economic development of the region, as well as different kinds of ratings [5][6][7][8][9].…”

Section: Introductionmentioning

confidence: 99%

Assessment of interregional economic integration based on the integral indicator of the level of socio-economic development

Borisova

2021

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To search for and identify rational and effective solutions on deepening interregional cooperation, an unbiased assessment of the existing level, potential, and restrictions of the process of interregional integration is required. For assessing the state and prospects of development of interregional economic integration (along with other its types: production and technological, information and communication etc.), the analysis of the state and development trends of interregional commodity exchange as a carrier of integrational and economic functions is preferential. Methods and tools of investigating the processes of interregional economic integration, analysis and assessment of its existent level, used for these purposes in practice, do not always adequately reflect real conditions of functioning of economically integrated regions. Therefore, the need for developing well-known and working-out new approaches and methods for investigating the processes of interregional integration, assessment of tools and methods of managerial decision making, in order to enhance it and improve efficiency, prove the relevance of the chosen subject of investigation. To assess the degree of interregional interaction of the southern regions of Russia, a proprietary methodology is proposed.