Abstract. In the article a method of management of material and production reserves of industrial enterprises in conditions of uncertainty has been suggested. The method proposes that a part of a benchmark in economic and mathematical models of determining the volume and completion time for orders for raw products and materials be represented as fuzzy numbers. The application of fuzzy-set theory allows taking into account the uncertainty of the external environment without using the theory of probability. The use of the latter is often difficult. The criterion for choosing the optimal management strategy is the minimization of the objective function of the total cost connected with reserves management. It is suggested to obtain the benchmarks that are expressed by fuzzy numbers with a method of expert evaluation. Using the results obtained with the suggested approach the decision-maker will be able to form a concrete strategy for reserves management in a constantly changing market situation. The suggested technique is universal; its application is possible in various industries.