Trends in Financial Management of Operating Costs of Retail Network Business Structures

DOI

10.2991/aebmr.k.211118.052How to use a DOI?

Keywords

financial management; trends; distribution costs; retail chain businesses; cost minimization

Abstract

The relevance of this paper is determined by the trends in retail trade over the past 10-15 years. Retail organizations are no longer independent business entities but integrated network structures. In this kind of organizations, the requirements to the quality of professional management in all the functional areas are increasing, including the quality of financial management. The authors focused on the diversity of scientific points of view on identifying the trends in the prospective development of retail chains, on the emergence of new approaches to financial management of distribution costs. The article analyzes the scientific approaches of foreign and Russian scientists to the definition and formation of circulation costs, considers the algorithm of cost minimization; identifies the key points of accounting and control mechanism of financial management of current distribution costs in retail chain businesses in the conditions of digital economy.

Copyright

© 2021 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Olga Mustafina
AU  - Irina Tkachenko
AU  - Nadezhda Necheukhina
AU  - Natalia Pryadilina
PY  - 2021
DA  - 2021/11/29
TI  - Trends in Financial Management of Operating Costs of Retail Network Business Structures
BT  - Proceedings of the Second Conference on Sustainable Development: Industrial Future of Territories (IFT 2021)
PB  - Atlantis Press
SP  - 291
EP  - 295
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.211118.052
DO  - 10.2991/aebmr.k.211118.052
ID  - Mustafina2021
ER  -