Implementation of digital tools in the operational management of material procurement at machinery enterprises

Abstract

Operational management of material resources has become a major concern for machinery enterprises. Growing interest in this issue rests on multiple reasons, primarily increasing the costs of material resources, their significant effect on efficiency and competitiveness, the complexity of cutting-edge processes involved in resource management, and economic and political turbulence worldwide. In an era when new business processes are emerging, and the older ones are being improved and accelerated, digitalisation is becoming one of the major drivers for innovation in enterprise management. Readjustments also occur in the infrastructure and fabric of departments and staff, alongside the methods of motivation and performance assessment. This paper presents scientific findings from domestic and international research to consider the most urgent challenges that the machinery industry faces in its ongoing digitalisation. Specific attention is paid to the external and internal environment of machinery enterprises, their ability to adapt to dynamic fluctuations in demand, and unpredictable changes in supply and consumption. Further, the authors develop a range of methods and tools aimed at improving efficiency of calculation, and integrating a whole-scale approach to provide an enterprise with materials of the required quantity and quality in a timely manner, with the lowest costs and optimal reserves.

Keywords

• material supply
• dynamic multi-type production
• digitalisation
• engineering