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WAYS TO IMPROVE THE EFFICIENCY OF FOREIGN TRADE ACTIVITY OF FOREIGN MANUFACTURERS’ DISTRIBUTORS IN RUSSIA

https://doi.org/10.21686/2410-7395-2021-2-119-132

Abstract

In comparison with national manufacturers, distributors have an advantage in providing wellknown brands and might receive financial or information support by foreign manufacturers in marketing campaigns in the local market. At the same time distributors have a lack of independence in producing and pricing policies, so they are limited in the tools for reducing the costs of production and increasing the profitability of sales. Nevertheless, distributors, as well as other companies, are focused on increasing their economic efficiency. Based on the study of the activities of the company «SK Energy», the authors identified the characteristic problems associated  with  the implementation  of foreign  trade  operations. Their  overcoming  is  mainly focused on decreasing the costs associated with the transportation of goods to the territory of the Russian Federation, reducing currency risks that limit the ability of the importing company to increase competitiveness in the local market due to the price factor. The authors propose ways to solve the identified problems, confirmed by estimates of the economic efficiency of imports based on actual data on the foreign-trade transactions of «SK Energy» and calculated values, considering the possible implementation of such measures.  Considering  the  specifics  of «SK Energy» business, it is identified the possible ways to increase revenue through changes in the company's sales policy and in the conditions of cooperation between the distributor and the foreign manufacturer. The results obtained are sufficiently general and can be used in different industries by commercial organisations that are already engaged in import  activities,  as intermediaries between foreign producers and consumers on the national market, or only plan to develop an international direction.

About the Authors

M. A. Egurnova
SK Energy
Russian Federation

Marina A. Egurnova, Accountant

53-3, 199 Kashirskoe Highway, Moscow, 115211



E. A. Rozhanskaia
Plekhanov Russian University of Economics
Russian Federation

Elena A. Rozhanskaia, PhD, Associate Professor, Associate 
Professor of the International Business and Customs Department 

 
36 Stremyanny Lane, Moscow, 117997



A. A. Prikladova
Plekhanov Russian University of Economics
Russian Federation

Anastasia A. Prikladova, PhD, Senior Lecturer of the International Business and Customs Department 

36 Stremyanny Lane, Moscow, 117997



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Review

For citations:


Egurnova M.A., Rozhanskaia E.A., Prikladova A.A. WAYS TO IMPROVE THE EFFICIENCY OF FOREIGN TRADE ACTIVITY OF FOREIGN MANUFACTURERS’ DISTRIBUTORS IN RUSSIA. International Trade and Trade Policy. 2021;7(2):119-132. (In Russ.) https://doi.org/10.21686/2410-7395-2021-2-119-132

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ISSN 2410-7395 (Print)
ISSN 2414-4649 (Online)