Enterprise strategy management based on the concept of stakeholders

Authors

DOI:

https://doi.org/10.26906/EiR.2024.1(92).3314

Keywords:

logistics, management, logistics strategy, development strategy, stakeholders, digitalization, partnership

Abstract

This scientific article defines and characterizes the importance of forming and implementing the logistics strategy of an enterprise based on the stakeholders' concept. This topic also needs more in-depth research in the context of the state of war in Ukraine, which causes the need for domestic enterprises to use new approaches to the development and implementation of a logistics strategy based on the concept of stakeholders. The research found that the influence of stakeholders on the process of managing the enterprise's strategy, on its logistics activities, as well as on the style and methods of management, corporate culture is extremely powerful. In addition, it has been found that stakeholders can influence the resolution of strategic logistics issues related to the processes of selecting suppliers, developing or improving logistics routes, warehouse management methods, applying new logistics technologies or innovations, as well as strategic decisions on financing and quality standards, etc. To substantiate the importance of logistics, the situation that has developed in Ukraine since February 24, 2022 is considered. It is proved that under martial law, it is especially important to strengthen partnerships with the government and international partners, since this affects not only the strategic development and financial stability of the enterprise, but also the state of the national economy. The key to success was the speed of logistics decision-making and a correctly adjusted logistics strategy, which allowed enterprises to adjust internal logistics to new conditions of existence. The list of such enterprises can include LLC "BURAT-AGRO" - a multi-branch enterprise that specializes in crop production, namely in the cultivation of grain and technical crops. In addition, the implementation of a monitoring system will help the enterprise to timely identify new initiatives, changes in legislation or various programs that may affect its economic activity. It is argued that automation and digitalization of logistics reduces the level of logistics costs, increases production efficiency and labor productivity.

Author Biographies

Volodymyr Byba, National University "Yuri Kondratyuk Poltava Polytechnic"

Ph.D. in Technical Sciences, Docent, Associate Professor at the Department of Management
and Logistics

Natalia Pinchuk, National University "Yuri Kondratyuk Poltava Polytechnic"

Ph.D. in Technical Sciences, Docent, Associate Professor at the Department of Building Structures

Viktoriia Marchenko, National University "Yuri Kondratyuk Poltava Polytechnic"

Master's Student

References

Plekan U. M. (February 12–13, 2020) Optimizing the choice of the company's logistics strategy. Materialy I Mizhnarodnoyi nauk.-prakt. konf. Pidpryyemnytstvo v ahrarniy sferi: hlobalʹni vyklyky ta efektyvnyy menedzhment. Zaporizhzhia: ZNU, pp. 209–210.

Baeva O. I., Bigun K. A. (March 19, 2020) Theoretical foundations of logistics strategy development. Mater. VIII mizhnarod. nauk.-prakt. dystancijnoyi konferenciyi Menedzhment ta marketyng u skladi suchasnoyi ekonomiky, nauky, osvity, praktyky. Kharkiv: NUPh, pp. 209–210.

Vodolajska T. O. (2021) Logistics strategy of the enterprise: the essence of the concept. Ekonomika transp. kompleksu, issue 37, pp. 48–60. DOI: https://doi.org/10.30977/ETK.2225-2304.2021.37.48

Kovalenko G. O., Chukina I. V. (2021) Logistics strategies of agricultural enterprises. Ahrosvit, vol. 1, pp. 65–70. DOI: https://doi.org/10.32702/2306-6792.2021.1-2.65

Pyatnytska G. T., Shevchun M. B. (2023) Logistics strategies in trade: varieties, methods of selection, innovative changes under conditions of sustainable development. Ekonomika ta suspilʹstvo, vol. 50, pp. 60–68.

Ilchenko N. B. (2016) Logistics strategies in trade. Kyiv: Kyiv National University of Trade and Economics.

Rudkivskyi O. A. (2012) Enterprise logistics strategy: conceptual approaches to definition and formation: a collective monograph. Management of business entities: problems and prospects of development. ZHTU.

Shishkin V. O., Bakhmetova Y. Yu. (2019) Prospects for the use of logistics strategy as a condition for ensuring the competitiveness of the enterprise, Modern Economics, vol. 14, pp. 296–300. DOI: https://doi.org/10.31521/modecon.V14(2019)-46

Zaitseva O. I., Zhosan G. V., Betina V. O. (2018) Strategic adaptation of the enterprise and analysis of methodological approaches to its assessment in the context of Ukraine's integration into the European Union. Biznes Inform, vol. 3, pp. 348–353.

Vlasova T. H. (2023) Determination of the influence of internal and external stakeholders on the development of the enterprise. Ekonomichni nauky, vol. 5,pp. 21–26.

Makarenko N. O., Vovchok S. V. (2020) Optymizatsiia lohistychnykh rishen shchodo zabezpechennia stratehichnoho upravlinnia rozvytkom ahrarnykh pidpryiemstv. Visnyk SumDU, vol. 4, pp. 65–75. DOI: https://doi.org/10.21272/1817-9215.2020.4-8

Nikitenko K. S. (2020) Stratehichne planuvannia u protsesi lohistychnoho postachannia. Ekonomichnyi prostir, vol. 161, pp. 59–62.

Shevtsiv L. Iu (2017) Stratehichne lohistychne upravlinnia diialnistiu mashynobudivnykh pidpryiemstv v umovakh yevrointehratsiinykh protsesiv. Svitove hospodarstvo ta mizhnarodni ekonomichni vidnosyny, vol. 9 (25), pp. 118–136.

Byba V. V., Pinchuk N. M., Marchenko V. O. (2023) Upravlinnia rozroblenniam lohistychnoi stratehii yak skladovoi zahalnoi stratehii rozvytku pidpryiemstva. Efektyvna ekonomika, vol. 10. DOI: http://doi.org/10.32702/2307-2105.2023.10.36 (accessed November 1, 2023). DOI: https://doi.org/10.32702/2307-2105.2023.10.36

Kharchenko Yu. A., Marchenko V. O. (2022) Napriamy formuvannia stratehii rozvytku pidpryiemstva v umovakh konkurentnoho seredovyshcha. Ekonomika ta upravlinnia pidpryiemstvamy, vol. 2(88), pp. 72–78.

Published

2024-02-09

How to Cite

Byba, V., Pinchuk, N., & Marchenko, V. (2024). Enterprise strategy management based on the concept of stakeholders. Economics and Region, (1(92), 94–102. https://doi.org/10.26906/EiR.2024.1(92).3314

Issue

Section

ECONOMICS AND BUSINESS ADMINISTRATION

Most read articles by the same author(s)