Methodology and procedures for selecting manufacturers and suppliers in the procurement of agricultural equipment-Reference-Cited by-同舟云学术

Methodology and procedures for selecting manufacturers and suppliers in the procurement of agricultural equipment

Published:2023-08-15 Issue:8 Volume:21 Page:1505-1529
ISSN:2073-1477
Container-title:Regional Economics: Theory and Practice
language:
Short-container-title:RETP

Author:

GLUSHCHENKO Aleksandra V.¹,KUCHEROVA Ekaterina P.²

Affiliation:

1. Volga Region Research Institute of Manufacture and Processing of Meat-and-Milk Production

2. olgograd Academy of the Ministry of the Interior of the Russian Federation

Abstract

Subject. The article addresses improving the efficiency of agricultural production. Objectives. The focus is on the development of tools enabling agro-industrial holdings to reduce risks when choosing manufacturers and suppliers in the process of purchasing agricultural equipment. Methods. The study employs methods of economic-statistical, abstract-logical, and comparative analysis. Results. We developed a methodology and determined an algorithm for selecting the best manufacturers and suppliers for agricultural equipment procurement. The algorithm optimizes costs associated with the acquisition and operation of agricultural machinery, and reduce the risk of purchasing low-quality equipment. Conclusions. The findings can be used in solving problems related to the standardization of business processes.

Publisher

Publishing House Finance and Credit

Subject

General Medicine

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