Development of Integrated Logistics Systems of Russian Large Metallurgical Companies in the Context of Digitalization

Abstract

In the context of the digitalization of the Russian economy, the existing logistics systems of industrial companies are undergoing major changes: new technologies and tools are emerging that are actively developing under the concept of ‘‘Industry: 4.0’’. Large metallurgical companies, as industry leaders, are actively improving their integrated logistics systems, which can improve the economic efficiency of economic entities. The article provides an overview of “best practices” regarding the development of integrated logistics systems of large metallurgical companies in Russia in the context of digitalization over the past decade: PJSC “Novolipetsk Iron and Steel Works” (17th place in the RBC-500 rating for 2019), PJSC “Severstal” (24 place in the indicated rating) and PJSC “Magnitogorsk Iron and Steel Works” (26 place in the specified rating). It is shown that the active introduction of modern logistics systems created using the Industry 4.0 concept allowed these companies, ceteris paribus, to achieve a higher level of business efficiency. For research, the following methods were used: analytical review, comparison, statistical calculations, methods of economic and mathematical modeling. A technique for assessing the state of the integrated logistics system of an industrial company is proposed. In a further study, it is advisable to monitor the level of development of integrated logistics systems of large industrial companies in order to develop the experience of “best practices” in the domestic industry.