THE METHODOLOGY OF ASSESSING THE NEED FOR IMPORT SUBSTITUTION AT AN INDUSTRIAL ENTERPRISE
The problem of import substitution of certain foreign-manufactured goods with their Russian counterparts still remains urgent. The key strategy of import substitution in the industry of the Russian Federation is creation of conditions for domestic manufacturers which will ensure sustainable economic development and stimulate the largest economic growth in industries, which are still dependent on import goods and services. Despite the import substitution policy of the RF Government, that created the tools and mechanisms of implementing the policy of import substitution, and the emerging stable tendency towards declining dependence of Russian industrial enterprises upon imports, the import content in high-tech products of advanced processing is still significant. In connection with this, the article investigates the issues related to assessing the need for import substitution at industrial enterprises. The sustainable development of key industries in current conditions of business management can only be attained through increasing the output of import substituting products within the country which is not always profitable for a manufacturer. Therefore, the article addresses the feasibility of import-substituting production organization. The methodology has been substantiated which assesses the dependence of import substitution upon foreign manufacturers as well as the requirements for import substitution at industrial enterprises. The implementation of this methodology will enable the industrial enterprise managers to specify and reduce the level of import substitution, on condition of rationality and economical feasibility of import substitution process organization