Rustam Aslanzade’s scientific contributions

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Publications (7)


ОСОБЕНОСТИ НА ФОРМИРАНЕ НА МЕХАНИЗМА НА УПРАВЛЕНИЕ НА СОЦИАЛНО ОТГОВОРНИТЕ КОМПАНИИ ВЪВ ВЕРИГАТА НА ДОСТАВКИТЕ FEATURES OF FORMATION OF THE MECHANISM OF MANAGEMENT OF SOCIALLY RESPONSIBLE COMPANIES IN THE SUPPLY CHAIN
  • Article
  • Full-text available

November 2021

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38 Reads

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Rustam Aslanzade

JEL: M14; M21. Abstract: Supply chain management is generally seen as the process of planning and implementing a policy to promote and develop ideas, products and services aimed at making exchanges that satisfy both individuals and the company. However, considering this process from the standpoint of social responsibility, it is necessary to focus on addressing social needs, environmental friendliness and safety for consumers, both of the product itself and of its delivery channels.

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The system of indicators for calculating integral index for evaluating the CSR level
Methodological approaches to assessing the social responsibility level in the field of supply chain management

May 2021

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28 Reads

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4 Citations

ACCESS Access to science business innovation in digital economy


FORMATION OF SOCIALLY RESPONSIBLE SUPPLY CHAIN MANAGEMENT BASED ON A BALANCED SCORECARD

October 2020

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10 Reads

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1 Citation

Economics & Education

The article is devoted to the substantiation of practical issues of implementing the principles of social responsibility in the company. An important part of any company’s business is supply chain management. In modern business, this is a comprehensive activity for managing all incoming and outgoing flows of company resources. Implementation of supply chain management on the principles of social responsibility is possible only on the basis of a consistent and integrated approach. The article substantiates the possibility of introducing the principles of social responsibility in the activities of the company based on a balanced scorecard. The balanced scorecard includes four blocks: finance, customers, personnel, and internal business processes. Each block includes a specific list of indicators, which assess the degree of implementation of the principles of social responsibility. A system of specific indicators for companies that manufacture, supply and install climate equipment is proposed: Finance (level of profitability; turnover growth; amount of Freon used (reuse); the amount of a modern group of environmentally sustainable fluorine-free refrigerants used; reuse of materials and assessment of their value; etc.); Customers (percentage of safe refrigerants used in products; percentage of customer refusals from cooperation; percentage of regular customers (more than 2 transactions; more than 1 year of cooperation; etc.); Personnel (the volume and share of expenses for employees’ certification; volumes and share of expenses for personnel development; volumes and share of expenses for stimulating employees); Internal business processes (accelerated service operations; reduction of time for placing orders; reduction of spoilage and waste; reduction of equipment maintenance and repair costs; reduction of time and costs of transportation operations; use of automated warehouse management systems; use of alternative energy sources; etc.). The proposed balanced scorecard allows the company to really build a green supply chain, which is an important competitive advantage.





Fig. 1. The company's various suppliers' ratio in %, as of 2018 (Corporate responsibility, 2018)
The best companies' performance evaluation according to the corporate social responsibility parameters of (100 best ..., 2019)
TOP-20 companies with the highest rates of social responsibility, 2018 (100 best ..., 2019)
TOP 10 companies in the world with the most efficient supply chains, 2019 (Gartner, 2019)
GREENING THE SUPPLY CHAIN IN CORPORATE RESPONSIBILITY

January 2020

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886 Reads

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10 Citations

Management Theory and Studies for Rural Business and Infrastructure Development

The accumulated assets of intellectual capital serve as the basis for the formation of competitive advantages of TNCs in the global economy. The world leading corporations are diversifying methods of forming and attracting intellectual capital in terms of increased competition. The aim of the study is to identify modern features and methods of intellectual capital accumulation as the basis of competitive advantages of TNCs in the global environment. The findings imply that the basis of leadership and high competitiveness of TNCs are the accumulated assets of intellectual capital. The result of the study was the systematization and disclosure of the methods of accumulation of intellectual corporate capital. The current trends in the accumulation of intellectual capital assets by leading TNCs of the world are revealed. The accumulation of corporate intellectual capital of corporations is carried out on the basis of large-scale investment in assets: the development of corporate forms of personnel training, a tremendous increase in R&D expenses, the formation of distributed innovation networks and open innovation platforms, the introduction of the latest knowledge management mechanisms. The forms of attracting intellectual capital from outside are actively used: the search and attraction of talented and highly qualified human resources from other countries, the purchase of patents, technologies, management models, mergers and acquisitions of companies, etc. Transnational corporations are becoming the leading subjects of spending on science in the world: in the top ten countries they account for more than half of all R&D costs, and in the leading countries of the USA and China - up to 80%. The accumulation of corporate intellectual capital is characterized by tendencies in the formation of two powerfull world leaders - the USA and China, increased competition, a sharp increase in R&D costs, regional and industry transformations. The world leaders in science spending are the corporate sector in the United States and China. The sectoral structure of the world's leading transnational corporations is changing: instead of oil and automobile, the top ten transnational corporations now mainly include computer and high-tech companies. Aggressive strategies for increasing intellectual assets are being implemented. An effective tool for accumulating intellectual assets is mergers and acquisitions. The leaders in the number of mergers and acquisitions are TNCs from leading countries: USA, China, United Kingdom, Germany and Japan. The formation of corporate intellectual capital is an important step in building an effective synergistic interaction of all the constituent triangles “business-education-science”. This triad is a key tool for the strategic development of the knowledge economy for any country in the world.

Citations (2)


... Thus, in particular, when investing in the social development of staff, the company ensures the recruitment and retention of highly qualified personnel, increases productivity, increases sales, and maximizes profits. In summary, we note that corporate social responsibility is focused on the future, and the funds that the company spends on it will return only later, but in an increased amount (Lipovka et al, 2021;Aslanzade, 2021). ...

Reference:

ESG rating of capital's effect on firms' financing sources: a case study of Asian companies
Methodological approaches to assessing the social responsibility level in the field of supply chain management

ACCESS Access to science business innovation in digital economy

... Formulation of sustainable supply chain Kalenyuk et al. (2019) Concepts as 'sustainability' and 'greening' are revealed by two key points: on the one hand, applying these concepts we minimise the use of raw materials, energy, water, thus we make less garbage and wastes; on the other hand, we maximise the positive effects of production, thus we get better environmental standards, we get more environmental benefits and profit, and we improve human capital management and enrichment. Quariguasi Frota et al. (2010) Sustainable supply chains require coordination of the social, environmental and economic dimensions (the triple bottom line). ...

GREENING THE SUPPLY CHAIN IN CORPORATE RESPONSIBILITY

Management Theory and Studies for Rural Business and Infrastructure Development