PHYSICAL RESOURCES PRIORITIZATION

Abstract

In the context of highly competitive environment, enterprises are looking for a way to increase productivity while reducing financial expenses. This situation leads to the fact that manufacturers affect the level of product quality by reducing it for costs reasons. The purpose of this article is to consider an alternative way to save financial resources without compromising the product quality by prioritizing commodities and materials. Thus, we have used a set of methods relevant to the subject matter: abstract-logical, analytical and economic-statistical methods. We have also generalized the experience of domestic and foreign researchers. Oil and Gas Company was considered as an example. Thus, economic benefit in the amount of RUB 4.016.45 million is achieved by accounting for physical resources by priority. The article also provides the examples of a new way to maintain documentation on a priority basis.

Keywords

• Commodities and Materials
• Stock
• Oil and Gas Enterprises
• Procurement Activity