Managing iron and steel enterprises: study of innovative methods of industrial engineering (logistics approach)

Abstract

Specifics of the logistics approach in managing an iron and steel enterprise is reviewed. Attention is focused on the logistics management issues; the areas of their solution are defined. The article proposes an economic mechanism for managing the logistics activities of iron and steel enterprises, including a set of consistent, mutually agreed management activities and measures that encompasses the cycle of assessing, analyzing and optimizing logistics activities and aims at achieving the performance goals. The mechanism is based on a system of methods, models and techniques and provides for the adjustment and control of deviations, thereby ensuring timely response to the deteriorating parameters of managing the logistics activities of an iron and steel enterprise.

Keywords

• management
• iron and steel enterprise
• logistics activity
• logistics system
• material flow