Methods of Estimating Operative Risks in Trade

The article deals with Russian retail trade. Today it is very topical due to our economy digitalization and sanctions introduced by some foreign countries. The authors study methodological approaches to the analysis of operative risks in trade and search for risk estimation models in operations of o...

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Main Authors: G. P. Fomin, I. V. Sukhorukova, V. A. Mushrub
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2019-10-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
Subjects:
Online Access:https://vest.rea.ru/jour/article/view/777
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author G. P. Fomin
I. V. Sukhorukova
V. A. Mushrub
author_facet G. P. Fomin
I. V. Sukhorukova
V. A. Mushrub
author_sort G. P. Fomin
collection DOAJ
description The article deals with Russian retail trade. Today it is very topical due to our economy digitalization and sanctions introduced by some foreign countries. The authors study methodological approaches to the analysis of operative risks in trade and search for risk estimation models in operations of order shaping for the product range, payment, acquisition, transportation, damage, storage and product sale. The conceptual model of researching operative risks in trade was put forward and methodological substantiation of summarized methods and models was given. They are useful for direct application in estimating operative risks in practice, such as those connected with foreign currency, inflation, interest rate, transportation, damage and loss of products and missed profit. The authors give practical examples of using the groups of formal methods of risk estimation in wholesale operations dealing with purchase and sale of foot ware by big retailers. Practical importance of the research results is connected with the opportunity to use these models for operative risk estimation, which could cut losses and minimize risks, avoid unfavourable economic after-effects in the work of Russian retailers.
format Article
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institution Kabale University
issn 2413-2829
2587-9251
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publisher Plekhanov Russian University of Economics
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series Вестник Российского экономического университета имени Г. В. Плеханова
spelling doaj-art-7bede938913a419a9519335ddd68fa092025-08-20T03:59:12ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512019-10-010515616210.21686/2413-2829-2019-5-156-162656Methods of Estimating Operative Risks in TradeG. P. Fomin0I. V. Sukhorukova1V. A. Mushrub2Plekhanov Russian University of EconomicsPlekhanov Russian University of EconomicsPlekhanov Russian University of EconomicsThe article deals with Russian retail trade. Today it is very topical due to our economy digitalization and sanctions introduced by some foreign countries. The authors study methodological approaches to the analysis of operative risks in trade and search for risk estimation models in operations of order shaping for the product range, payment, acquisition, transportation, damage, storage and product sale. The conceptual model of researching operative risks in trade was put forward and methodological substantiation of summarized methods and models was given. They are useful for direct application in estimating operative risks in practice, such as those connected with foreign currency, inflation, interest rate, transportation, damage and loss of products and missed profit. The authors give practical examples of using the groups of formal methods of risk estimation in wholesale operations dealing with purchase and sale of foot ware by big retailers. Practical importance of the research results is connected with the opportunity to use these models for operative risk estimation, which could cut losses and minimize risks, avoid unfavourable economic after-effects in the work of Russian retailers.https://vest.rea.ru/jour/article/view/777trade operationrisk minimizationoptimal solutionconflicting criteriaoperative risks
spellingShingle G. P. Fomin
I. V. Sukhorukova
V. A. Mushrub
Methods of Estimating Operative Risks in Trade
Вестник Российского экономического университета имени Г. В. Плеханова
trade operation
risk minimization
optimal solution
conflicting criteria
operative risks
title Methods of Estimating Operative Risks in Trade
title_full Methods of Estimating Operative Risks in Trade
title_fullStr Methods of Estimating Operative Risks in Trade
title_full_unstemmed Methods of Estimating Operative Risks in Trade
title_short Methods of Estimating Operative Risks in Trade
title_sort methods of estimating operative risks in trade
topic trade operation
risk minimization
optimal solution
conflicting criteria
operative risks
url https://vest.rea.ru/jour/article/view/777
work_keys_str_mv AT gpfomin methodsofestimatingoperativerisksintrade
AT ivsukhorukova methodsofestimatingoperativerisksintrade
AT vamushrub methodsofestimatingoperativerisksintrade