Managing Logistic System of an Enterprise in the Context of Conducting International Business Transactions

Abstract

This paper substantiates that in terms of the international business, management regarding the logistics system within the enterprise requires an integrated approach and coordination of potential capabilities of the business entity, a clear balance and interconnection of logistics flows in the field of production, procurement, warehousing, transportation and marketing. The scientific novelty of the conducted research includes substantiate feasibility of creating a strategy for managing logistics processes within an enterprise-entity of foreign economic activity, which is based on its foreign trade orientation. Such logistic system will contribute to the formation of the economic potential of within the enterprise and, increase the capital profitability. Furthermore, it will be the source of its competitive advantages and a means of increasing market value and profitability.