Evolution of the term “commodity circulation” in economics

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Modern development of economic relations requires multiple complica- tions of logistics operations in supply chains that chain participants have to face in the course of their current activities, as well as increasing competi- tion between supply chains. Nowadays one can observe the tendency to- wards the formation of unified logistics systems of commodity circulation from a producer to final user. Further dynamics of regional economy devel- opment depends on how quickly and effectively regional participants of supply chains can adapt to such changes. In modern conditions, the provi- sion of a high-quality commodity management system in the agrarian and industrial complex (AIC) is becoming urgent, but at the same time, difficult task. The branch of the AIC is a set of economic entities linked by economic relations in terms of production, processing, storage, distribution and bring- ing their products to final user. The branch of the AIC as its main task of commodity reproduction considers the maximum satisfaction of the popula- tion's needs for food and other consumer goods from agricultural raw mate- rials...

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Commodity circulation, economics, evolution

Короткий адрес: https://sciup.org/140244037

IDR: 140244037

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