Criteria for managing material resources stock at industrial enterprises

Abstract

The purpose of this article is to establish criteria for management of the stock, distributed during the production process. The article states that at the industrial enterprises with a long production cycle, the material resource is distributed over the various stages of the technological process and ceases to be a resource, only getting the form of products shipped. The authors substantiate the necessity of finding an optimal profile of stock distribution in the course of the multi-phase production process at industrial enterprises. The synthesis of Green coefficient calculation formula with Wagner-Whitin algorithm was proposed to achieve the optimal profile of levels of different types of stocks. The article presents the profiles of stock distribution for different types of production with a large multiproduct engineering enterprise "Electrotyazhmash" (Kharkiv, Ukraine) being taken as an example. Future research will be aimed at improving the accuracy of the calculations and verification of their effectiveness in practice of the other industrial enterprises.