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Financial logistics models based on systematic approach improving management solutions

Sergey BarykinGraduate School of Service and Trade, Peter the Great St. Petersburg Polytechnic University, St. Petersburg, 195251, Russian FederationIrina KapustinaGraduate School of Service and Trade, Peter the Great St. Petersburg Polytechnic University, St. Petersburg, 195251, Russian FederationSergey Mikhailovich SergeevGraduate School of Industrial Management, Peter the Great St. Petersburg Polytechnic University, St. Petersburg, 195251, Russian FederationSara Mehrab DanialiGraduate School of Service and Trade, Peter the Great St. Petersburg Polytechnic University, St. Petersburg, 195251, Russian FederationLyudmila KoptevaDepartment of Security of High-Tech Systems, St. Petersburg State University of Aerospace Instrumentation, St. Petersburg, 190000, Russian FederationGalina N. SemenovaDepartment of Accounting and Taxation, Plekhanov Russian University of Economics. Stremyanniy per, Moscow, 117997, Russian FederationIgor PryadkoDepartment of Social, psychological and legal communications, Moscow State University of Civil Engineering (MGSU) National Research University, Moscow, 129337, Russian FederationAlexey MikhaylovDepartment of Banking and Financial Markets, Financial University under the Government of the Russian Federation, Moscow, 124167, Russian FederationPavel BaboshkinDepartment of Banking and Financial Markets, Financial University under the Government of the Russian Federation, Moscow, 124167, Russian FederationPolina DatsyukDepartment of Banking and Financial Markets, Financial University under the Government of the Russian Federation, Moscow, 124167, Russian FederationTomonobu SenjyuDepartment of Electrical and Electronics Engineering, University of the Ryukyus, Okinawa, 903-0213, Japan

2022en

ABI

Abstract

<ns3:p> <ns3:bold>Background:</ns3:bold> <ns3:bold/> Some firms with good growth opportunities and additional funds could have difficulties accessing external finance. One possible way to enhance their financial inclusion could be an exciting approach to planning the money reserve collected on a firm’s account. </ns3:p> <ns3:p> <ns3:bold>Methods:</ns3:bold> This article aims to disclose the introduction of financial logistics as the new theoretical field of management science. The authors present, in this paper, the key findings on the development of logistical models of an optimum money reserve calculation taking into account digital transformation and industry 4.0 technologies and optimization methods. </ns3:p> <ns3:p> <ns3:bold>Results:</ns3:bold> The monetary reserve models are analogies of models of storekeeping in supply chains. The specific area of the theoretical research of logistics is shown in this paper, which could be disclosed as the subject of financial logistics as a science. The authors consider the term “Financial Logistics” based on logistics theory and money demand. </ns3:p> <ns3:p> <ns3:bold>Conclusions:</ns3:bold> Authors suggest the methodology of studying the nature of both financial and material flows of resources by comparing the relevant formulas. From the researchers’ points of view, financial logistics could be defined as the theory of managing the cash flows based on the logistical models for calculating a corporation’s cash reserve. The authors find it interesting to expand the conditions for calculating financial flows since the uncertainty of external market conditions always influences actual commercial activity. </ns3:p>

Identifiers

DOI: 10.12688/f1000research.111252.1

Citations and references

Cited by 30 references

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