Don State Technical University Researchers Have Published New Study Findings on Risk Management (Factors of increasing the competitiveness of agricultural machinery enterprises in post-crisis conditions): Risk Management

2023 JAN 31 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Investigators discuss new findings in risk management. According to news reporting originating from Don State Technical University by NewsRx correspondents, research stated, “The article systematises the factors of increasing the competitiveness of agricultural machinery enterprises in the post-crisis conditions of their functioning.”

The news editors obtained a quote from the research from Don State Technical University: “Special attention is paid to the study of the phenomenon of competitiveness and its content at the present time. Factors such as improving personnel training, improving the selection of suppliers, components for agricultural machinery and risk management arising in the process of its production are considered in detail. As a criterion for choosing suppliers for agricultural machinery enterprises, commodity price organisational and business factors are accepted. Taking into account these factors, the stages of choosing suppliers of components for machine-building enterprises have been formed. At the same time, expert values of significant criteria were used and suppliers were ranked and the most suitable for the company was selected. Risks were identified with their subsequent assessment, a risk map of the company was compiled, risk management measures were developed and monitoring of their implementation was provided.”

According to the news editors, the research concluded: “Special attention is paid to the industry risks associated with the appearance of new agricultural machinery manufacturers on the domestic and foreign markets.”

For more information on this research see: Factors of increasing the competitiveness of agricultural machinery enterprises in post-crisis conditions. E3S Web of Conferences, 2022,363():04057. (E3S Web of Conferences - http://www.e3s-conferences.org/). The publisher for E3S Web of Conferences is EDP Sciences.

A free version of this journal article is available at https://doi.org/10.1051/e3sconf/202236304057.

Our news journalists report that additional information may be obtained by contacting Simonyan Tatyana, Don State Technical University.

(Our reports deliver fact-based news of research and discoveries from around the world.)