... competitive market and use innovative technologies, they may face a lack of funds or failure to attract additional investment. An example is Open Oil Market, a startup in the field of oil products trading, which aims to make the market more transparent and efficient. The company is developing an online platform connecting suppliers and buyers of fuel. The financial risk for such a project is the need for significant investment in the initial stages to develop the technology and marketing to attract large ...

... market participants from digitalization? — The need for automation and the implementation of digital technologies in the market is obvious today. It allows companies and market participants to minimize manual labor, improve processes, make them more efficient, predictable, and cost-effective, and increase trading volumes. For example, in our company, we began automating processes back in 2014, and we were able to increase sales volume without hiring additional staff, saving on costs. In other words,...

... incentives exist for various categories of entrepreneurs and investors. For example, Open Oil Market , as a Skolkovo resident, benefits from significant advantages, including exemption from corporate income tax and reduced insurance premiums, enabling efficient business development and competition in the market.

... begin? – First and foremost, we automated internal business processes. This allowed us to move away from manual management. We customized the 1C software to meet our specific needs, making operations across different departments more transparent and efficient. We also enhanced security by developing and automating a system for accrediting counterparties. One of the first results of digitalization was a significant reduction in costs—we started saving several million rubles per month. – But ...

... work atmosphere and create a solid foundation for further development. Reassess International Positions and Outsourcing Strategies If production is moving outside Germany, Volkswagen should analyze how this will impact its reputation and operational efficiency. The company could consider a local production strategy for each market, which would reduce logistics costs and adapt products to regional specifications. Ensure Effective Internal and External Communication Support It is crucial to convey ...