Directions for Improving the Investment Policy of an Industrial Enterprise

DOI

10.2991/iscfec-19.2019.101How to use a DOI?

Keywords

Investment policy, transport logistics, transportation costs, com-mercial expenses, container transportation.

Abstract

The effectiveness of the activities of metallurgical companies is directly dependent on the investment policy of enterprises, the key issue of which is the choice of areas requiring modernization and financing of the relevant investment projects. The investment policy of PJSC MMK is currently aimed at re-newing the steelmaking and rolling capacities, which is due to the increased demand for products with high added value and the need to strengthen the company's competitive positions. Focusing on production processes, as a rule, other aspects of the company's economic activities, including transport logistics, are still ignored, which also has the potential to increase the efficiency of the com-pany's operations. The main share of commercial expenses of PJSC MMK is transportation costs. The increase in demand for goods with high added value (cold-rolled coils) in the external and domestic mar-kets leads to an increase in the cost of the delivery of metal prod-ucts, which is carried out mainly by rail. As a result of the trans-portation of rolled steel in gondola cars and platforms, the prod-ucts are exposed to atmospheric phenomena, there is a possibility of damage to the presentation and even its loss as a result of re-peated loading and unloading procedures, as a consequence, con-sumer complaints against the supplier grow. The article proposes the use of container transportation during the transportation of rolled steel, the calculation of the efficiency indicators of the implementation of the event is given on the example of PJSC MMK.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yu.V. Litovskaya
AU  - A.S. Izmailova
AU  - D.B. Simakov
PY  - 2019/05
DA  - 2019/05
TI  - Directions for Improving the Investment Policy of an Industrial Enterprise
BT  - Proceedings of the International Science and Technology Conference "FarEastСon" (ISCFEC 2019)
PB  - Atlantis Press
SP  - 357
EP  - 359
SN  - 2352-5428
UR  - https://doi.org/10.2991/iscfec-19.2019.101
DO  - 10.2991/iscfec-19.2019.101
ID  - Litovskaya2019/05
ER  -