The algorithm for managing the current assets of machine-building companies and the main tools

N.V. Gryzunova, A.A. Khvostova, A.M. Tramova

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Abstract: The tools for managing current assets of industrial corporations are constantly expanding, since many of them have more than half of their current assets in the asset structure, and the shocks of recent years stimulate the search for ways to save. The company’s management is focused on planning all stages of the product value chain and, although the methodology for this has not yet been developed, successful practical experience is gradually accumulating, since this approach is the basis for sustainable development of both the company and the regions. The authors propose to consider the process of managing current assets as an investment process and the assets themselves as a credit and expense category. Elements of current assets are constantly expanding, reflecting the development of markets and the consequences of scientific and technological progress. The novelty of the research lies in the development and expansion of the tools used to manage the organization’s current assets, which allow to qualitatively change the process itself and, of course, increase efficiency and, in addition, ensure resource conservation based on the integrated use of mathematical approaches and inventory optimization models based on digital technologies in a lean manufacturing environment. The research methodology is based on the following methods: comparison, programming, mathematical modeling.

Keywords: management algorithm, current assets, financial management tools, lean manufacturing, optimization, whiplash effect, risks, supply chain

For citation. Gryzunova N.V., Khvostova A.A., Tramova A.M. The algorithm for managing the current assets of machine-building companies and the main tools. News of the Kabardino-Balkarian Scientific Center of RAS. No. 6(116). Pp. 319–328. DOI: 10.35330/1991-6639-2023-6-116-319-328

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Information about the authors

Gryzunova Natalya Vladimirovna, Doctor of Economics Sciences, Professor of the Department of Finance for Sustainable Development, Plekhanov Russian University of Economics;
117997, Russia, Moscow, 36 Stremyanny Lane;
Gryzunova.NV@rea.ru, ORCID: https://orcid.org/0000-0001-8582-7389
Khvostova Anastasia Aleksandrovna, Graduate Student, Plekhanov Russian University of Economics;
117997, Russia, Moscow, 36 Stremyanny Lane;
hvostova_92@mail.ru, ORCID: https://orcid.org/0000-0002-2496-9030
Tramova Aziza Mukhamadiyaevna, Doctor of Economics. Sciences, Professor of the Department of Informatics, Plekhanov Russian University of Economics;
117997, Russia, Moscow, 36 Stremyanny Lane;
Tramova.AM@rea.ru, ORCID: https://orcid.org/0000-0002-4089-6580