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Regional Economics: Theory and Practice
 

Improving the system of evaluation of vendors and purchase product quality by the manufacturing enterprise: Evidence from JSC EPK Volzhsky

Vol. 14, Iss. 7, JULY 2016

PDF  Article PDF Version

Received: 19 May 2015

Received in revised form: 25 December 2015

Accepted: 11 February 2016

Available online: 18 July 2016

Subject Heading: REGIONAL STRATEGIC PLANNING

JEL Classification: С52

Pages: 4-22

Zuev A.V. Volzhsky Polytechnic Institute, Branch of Volgograd State Technical University, Volzhsky, Volgograd Oblast, Russian Federation
230112@mail.ru

Gushchina E.G. Volgograd State Technical University, Volgograd, Russian Federation
l055@mail.ru

Vital'eva E.M. Volgograd State Technical University, Volgograd, Russian Federation
lenkooooo@gmail.com

Importance The paper deals with the issues of formation of a system of work quality assessment of partners at the manufacturing enterprise.
Objectives The aim of the paper is to develop a technique of evaluating the supplier performance of the production enterprise, oriented to the strategic development of the market players.
Methods On the basis of econometric methods and calculations, we assessed the activity of manufacturing enterprise suppliers. We used the JSC EPK Volzhsky as a production enterprise case study.
Results We present a methodology for assessing the performance quality of suppliers with a focus on the strategy development of the JSC EPK Volzhsky production enterprise.
Conclusions and Relevance Choosing the right supplier, taking into account both its economic and social parameters will bring a greater effect for the manufacturing enterprise and the region as a whole. The results of the research can be used in the evaluation system of suppliers of any manufacturing company.

Keywords: competitive advantage, manufacturing enterprise, social responsibility of business, human capital

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