Improvment of the methodology for selecting suppliers of production resources for woodworking enterprises

Abstract

Importance: supplier reliability is one of the most important components of a company’s success and sustainability. In the current conditions of fierce competition, the company becomes dependent not only on the availability of highly qualified managers, workers and managers, but also on the influence of the external environment, one of the most important factors of which is a stable and successful supplier. Purpose: the purpose is to develop, substantiate and improve the methodology for selecting suppliers of production resources for wood-processing enterprises. Research design: the method of determining the supplier’s rating should include a system of indicators that meet all the requirements of a constantly changing, that is, dynamically developing economic component. The solution to the issue of choosing a supplier consists in solving such tasks as identifying potential suppliers, collecting information about potential suppliers, evaluating them and ranking suppliers. One should pay more attantion to the cost estimation method, that is, the cost-coefficient method. In order to identify the weakest and most unreliable suppliers of woodworking enterprises, the authors developed a scale of ratings and points, the criteria of which are the share of fully completed orders, the share of completed orders on time, price, supplier remoteness, the share of failures. Results: based on the improved methodology for selecting suppliers using the proposed rating scale, the authors considered a number of supplier companies on the example of the woodworking enterprise LLC «MC Angstrem». The calculation of economic efficiency supports the identification of the strengths and weaknesses of each supplier; the authors also formulated a realistic forecast of stable cooperation.