scholarly journals ФОРМУВАННЯ СИСТЕМИ ПОКАЗНИКІВ ДІАГНОСТУВАННЯ РИЗИКУ БАНКРУТСТВА ПІДПРИЄМСТВ МАШИНОБУДУВАННЯ

2019 ◽  
pp. 67-75
Author(s):  
К. О. Соломянова-Кирильчук ◽  
О. В. Гребенікова
Keyword(s):  
Financial Analysis ◽  
Machine Building ◽  
Mathematical Statistics ◽  
Practical Significance ◽  
Diagnostic Model ◽  
Risk Class ◽  
Failure Risk ◽  
Business Entities ◽  
Selection Of ◽  
Building Enterprises

The issues of failure risk diagnosing were actualized in Ukraine against the background of transformation processes in the economy. Enterprises are particularly vulnerable due to the forced reorientation to new markets and changes in permanent business relations. Therefore, it is now important to identify in insolvency problems and the risk of enterprises’ failure of this industry. The purpose of the research is to substantiate the method of selection and form a system of indicators that will provide diagnostics of the failure risk based on the financial statements of the company. The subject of the research is the Ukrainian machine-building enterprises and the process of forming a system of indicators, which will determine the failure risk of business entities. The methods of the research: methods of scientific knowledge, such as analysis and synthesis, induction, measurement, observation, formalization, logical and analytical techniques, as well as the methodological apparatus of financial analysis and mathematical statistics. The hypothesis of the research is the assumption that the process of selecting indicators based on the methods of mathematical statistics will avoid bias of other shortcomings that reduce the quality of enterprises’ failure diagnosing. The statement of basic materials. The existing models of failure diagnostics have serious shortcomings in terms of the approach to the selection of indicators and the number of classes, which the enterprise may belong to, depending on the existing risk of bankruptcy. Therefore, the authors proposed their own approach to the selection of diagnostically significant financial ratios based on the Student's t-test, the Mann-Whitney U-test and the correlation coefficient. A system of indicators of failure diagnosing has formed based on this approach. The originality and practical significance of the research is that a system of indicators is mathematically substantiated, what corresponds to the modern principles of evidence-based research and maximally emphasizes that the machine-building enterprise belongs to a particular failure risk class. Conclusions and perspectives of further research: the researchers are going to build a failure diagnostic model for Ukrainian machine-building enterprises based on the determined system of indicators.

scholarly journals Development of strategy for development of machine-building enterprises of Kharkiv region

2020 ◽  
Keyword(s):  
Corporate Governance ◽  
Development Strategy ◽  
Structural Changes ◽  
Machine Building ◽  
Scientific Concept ◽  
Use Of Resources ◽  
Low Efficiency ◽  
Business Entities ◽  
Effective Development ◽  
Building Enterprises

The article determines that the machine-building enterprises of the Kharkiv region, which in recent years have undergone structural changes, have been affected by the development of information technology at enterprises, dramatically changing the conditions of enterprises. This forces enterprises to look for effective development strategies aimed not only at implementing their social functions, but also at increasing the degree of their independence and economic independence. Despite the significant scientific achievements of strategy theory and modeling of management processes, it should be noted that some of their important aspects remain underdeveloped. Thus, most theories of strategy go beyond its understanding as a means of maintaining competitive advantage, leaving uncertain questions about the activities of the monopolist. Accordingly, there is no holistic scientific concept of the strategy of development of machine-building enterprises. Kharkiv region is one of the leaders in domestic machine building, Kharkiv region enterprises account for 11.5% of the volume of machine building products of Ukraine, which brought the region to the 2nd position among the regions (after Zaporizhia region). In January-November 2020, machine-building enterprises sold products worth UAH 17.4 billion, which is 11.2% of industrial sales. With this in mind, state-owned machine-building enterprises will have to build their own management strategy taking into account the modern requirements of socio-economic development. It is believed that the underdeveloped system of corporate governance is one of the main reasons for the low efficiency of public entities. Defects in corporate governance lead to: - distortion of information due to the low level of transparency of business entities; - the emergence of a conflict of interest of management and the subjects of management of state property, due to the non-transparent process of appointment of management and inefficient remuneration system; - Lack of corporate governance structures such as supervisory boards and independent directors, who should effectively supervise the activities of business entities; - inconsistencies between the goals set for business entities and the lack of a clear distinction between commercial and non-commercial (socio-political) functions of business entities. This fully applies to state-owned machine-building enterprises. After all, in modern conditions, these enterprises function as government units. In the conditions of transformation of the domestic market of the machine-building enterprises the use of resources uniting the software of foreign manufacturers with domestic becomes important. Therefore, the formation of enterprise development strategy is inextricably linked with modeling the behavior of certain models with specified parameters for further effective operation of the system as a whole.

scholarly journals ФОРМУВАННЯ ОБЛІКОВО-АНАЛІТИЧНОГО ЗАБЕЗПЕЧЕННЯ УПРАВЛІННЯ ПРИБУТКОВІСТЮ ПІДПРИЄМСТВ

2019 ◽  
pp. 103-109
Author(s):  
О. С. Юрченко
Keyword(s):  
System Analysis ◽  
Practical Significance ◽  
Priority Areas ◽  
Strategic Management Accounting ◽  
The Subject ◽  
Business Entities ◽  
The One ◽  
Analytical System ◽  
Assessment Procedures ◽  
Selection Of

The orientation to sustainable development of enterprises necessitates the formation of effective accounting and analytical system of profitability management. In this regard, the article is focused on the disclosure of priority areas for developing of theoretical and methodological foundations for formation accounting and analytical support for profitability management. The purpose of the research is the disclosure of current problems and priority areas of the formation of accounting and analytical support for the management of profitability of enterprises. The subject of the research is the theoretical and methodological foundations regarding the formation of the accounting and analytical system in the management of the profits of the enterprises. The object of research - the process of selection of priorities of accounting and analytical system in managing the profitability of enterprises. The methods, used in the research are scientific knowledge, induction, system analysis and conceptual synthesis. The hypothesis was assumption, in the conditions of increasing financial position of business entities, it is necessary the reorientation of the accounting and analytical system in order to identify the influence of factors on profits, reserves and ways of their mobilization for increasing the profitability of enterprises. The statement of basic materials. Based on the results of the research, the preconditions and problems of the development of the conceptual positions of the accounting and analytical support are determined and the ways of their solution are outlined. It is substantiated that the profit depends on the choice of methods of enterprise accounting policy and assessment procedures. It is proved that strategic management accounting is a component of the accounting and analytical system in managing profitability of enterprises. The sequence of formation of the concept of accounting and analytical support for profitability management of enterprises is disclosed. The originality and practical significance of the research is the disclosure of areas for developing of theoretical and methodical foundations of formation of the accounting and analytical system in the management of profitability of enterprises. Conclusions of the research. Introduction in practice of a strategically oriented accounting and analytical system provides the opportunity to assess the internal capacity of the formation of profitability of enterprises, on the one hand, and, on the other hand, the opportunity of generating the value of the enterprise for the future reserves.

scholarly journals MACROECONOMIC PREREQUISITES FOR THE FORMATION AND DEVELOPMENT OF THE ENGINEERING ENTERPRISES` ECONOMIC POTENTIAL

2021 ◽  
Author(s):  
Volodymyr Tytykalo
Keyword(s):  
Management Practices ◽  
Developed Countries ◽  
Machine Building ◽  
Economic Potential ◽  
Environment Analysis ◽  
Manufactured Products ◽  
National Economic ◽  
Key Issues ◽  
Business Entities ◽  
Building Enterprises

The main macroeconomic preconditions of formation and development of economic potential of machine – building enterprises of Ukraine are considered in the article. The level of economic potential of machine-building enterprises is characterized on the basis of research of a share of the processing industry in GDP of the country. The dynamics of the index of industrial production of Ukraine for 2013-2020 is studied. The positive dynamics of the number of business entities of the machine-building industry for 2013-2019 has been established. The dynamics of the volumes of manufactured products of machine-building enterprises is analyzed and its interrelation with the growth of the number of economic entities in the branch is established. The main trends of global machine-building markets, which reflect the economic potential of enterprises in the industry, are considered. The potential of the industry development in the form of the production base, the possibility of its renewal and modernization to create products based on domestic research and development are installed. Global and national economic shifts pose fundamentally new challenges to the management of machine-building enterprises, the solution of which requires a comprehensive diagnosis of the conditions of their operation. The dynamism and complexity of market processes that accompany the activities of machine-building enterprises require a systematic approach to the analysis of external and internal environment, analysis of changes in the dynamics of indicators and the establishment of priorities for economic development. The need to intensify the formation and development of economic potential of machine-building enterprises of Ukraine is also due to the importance of the transition to the sixth technological mode, the signs of which can be seen in a number of developed countries. Despite the positive dynamics of some key performance indicators of Ukrainian machine-building enterprises, a number of key issues remain unresolved and require the development of new management practices in partnership between government and business in order to increase the competitiveness of this key industry sector of Ukraine.

scholarly journals Creation of automated workplaces based on a formalized methodology for designing technological processes of machine-building enterprises

2020 ◽  
pp. 214-223
Author(s):  
Г.С. Жетесова ◽  
Т.Ю. Никонова ◽  
В.В. Юрченко ◽  
А.К. Матешов ◽  
Н.А. Савельева
Keyword(s):  
Technological Process ◽  
Machine Building ◽  
Practical Significance ◽  
Technological Parameters ◽  
Special Equipment ◽  
Technological Processes ◽  
Process Formation ◽  
Technical Specifications ◽  
Current Transition ◽  
Building Enterprises

В статье рассматривается проблема создания автоматизированных систем, удовлетворяющих требованиям современного производства (универсальность, многофункциональность и комплексность), прежде всего, должны быть созданы специальные методология и теория, раскрывающие процессы проектирования, представляемые в математическом, формализованном и программном виде. Авторами предлагается формализация процесса проектирования и технологии, на основе которой создана система автоматизации проектирования, что позволит проектировать технологические процессы (ТП) для разнообразных изделий, в том числе ранее не производившихся. Разработка математических моделей ТП механической обработки деталей обеспечит объективное принятие технологических решений и будет отражать динамику качественного и количественного преобразования заготовок в процессе производства. Практической значимостью работы является создание и апробация ПО «Система автоматизированных рабочих мест машиностроительных предприятий», в которой разработаны АРМ технологических служб и подразделений, а именно АРМ отдела технолога. Для реализации цели, разработанный АРМ обеспечивает выполнение двух основных направлений деятельности. Во-первых, обеспечивает возможность разработки и внедрения ТП, средств автоматизации и механизации, оптимизации режимов работы универсального оборудования, и оборудования с числовым программным управлением. Во-вторых, реализует своевременную разработку технических заданий для обеспечения структурных подразделений (цехов, участков) специальной оснасткой, инструментом и приспособлениями, предусмотренными технологией, нестандартным оборудованием средствами автоматизации и механизации. В результате проведенных исследований, получены: 1. Методика проектирования основных этапов ТП изготовления деталей, основанная на объективных критериях выбора технологических параметров, что обеспечит исключение ошибок на начальном этапе. Разработан общий алгоритм решения технологической задачи. 2. Методика назначения переходов и составления планов обработки, в основу которой положен принцип выполнимости определенным методом текущего перехода, а именно, выполнение характеристик. 3. Методика оснащения ТП позволяет учитывать геометрические и точностные параметры, дополнительные требования к поверхности на конкретных стадиях с учетом текущей производственной ситуации. The problem of development special software for the automation for design of technological processes that meets the requirements of modern production – universality, multifunctionality and complexity are considered. The authors propose – CAD is developed, which will make it possible to design technological processes for a wide variety of products, including new ones that have not previously entered production. The practical significance of the work is the creation and testing of the software «System of automated workstations of machine-building enterprises», in AWP of the technologist's department, were developed. The first direction provides the possibility of developing and implementing processes. The second the timely development of technical specifications for the provision of structural units (workshops and sections) with special equipment, tools and devices provided for by technology. As a result of the research, the methods of designing technological processes for machining parts were obtained: 1. Methodology for designing the main stages based on objective criteria for the selection of technological parameters, which ensures the elimination of errors at the initial stage of the technological process formation 2. The method of assigning transitions and drawing up processing plans, based on the principle of the feasibility of the current transition by a certain method, namely, the fulfillment of the characteristics that need to be obtained at the current transition. 3. The technique of equipping the technological process allows taking into account the geometric and precision parameters, additional requirements for the surface at specific stages based on the current production situation.

scholarly journals A fuzzy model for the evaluation of suppliers of material resources to machine-building enterprises

2016 ◽  
pp. 245-277
Author(s):  
Evgeniya Kozlova ◽  
Vladimir Volynsky
Keyword(s):  
Supplier Selection ◽  
Fuzzy Inference ◽  
Selection Process ◽  
Fuzzy Model ◽  
Estimation Algorithm ◽  
Machine Building ◽  
Material Resources ◽  
Engineering Enterprise ◽  
Selection Of ◽  
Building Enterprises

The subject of our research is the process of selecting a supplier of material resources to machine-building enterprises. The aim of this work is to identify factors that improve the process of supplier selection of material resources to large enterprises. Testing this model is made on the example of the “KRANEKS” machinebuilding enterprise. The methodological basis of the scientific research is work in the fields of systems analysis, management accounting, and econometrics. As a result of the research, a methodology and estimation algorithm of suppliers was developed, as well as a hierarchical model of fuzzy inference to supplier evaluation. These developments are mainly aimed at supporting decision making in choosing the best provider for a machine-building enterprise. These developments mainly focused on decision support in choosing the best provider for an engineering enterprise whose list of material resources runs into the thousands. They are aimed at improving the efficiency of administrative decisions in the supplier selection process of machine-building enterprises and improving the work process of their purchasing departments.

scholarly journals THEORETICAL AND METHODOLOGICAL BASES OF ASSESSMENT OF ECONOMIC STABILITY OF THE TELECOMMUNICATION ENTERPRISE IN THE CONDITIONS OF UNCERTAINTY

2021 ◽  
Vol 2 (2) ◽  
pp. 1-7
Author(s):  
Svitlana Birbirenko
Keyword(s):  
Strategic Management ◽  
Financial Analysis ◽  
Economic Effect ◽  
Economic Consequences ◽  
Practical Significance ◽  
Economic Stability ◽  
Telecommunication Enterprise ◽  
Methodological Principles ◽  
Selection Of ◽  
Telecommunications Company

The article describes the business peculiarities of the telecommunications enterprise and it has been established that changes in the external environment of its activities on their own grounds are a significant factor. This affects the conditions for the implementation of these activities and is a source of a constant threat of results deterioration of these activities, or even its disruption. After all, it is uncertainty that creates the conditions for the emergence of certain barriers in the implementation of measures for strategic management of economic sustainability, leads to a decrease in mobility and adaptability in the development and implementation of strategic measures, contributes to the deformation of key tasks of strategic management, as well as reduces the ability of the enterprise to be characterized by sustainable economic development. The purpose of the paper is to analyze theoretical and methodological formation bases of a set of indicators for assessing the economic stability of a telecommunications enterprise, which operates in modern conditions of uncertainty. Methodology. The study has been carried out on the basis of studying the forms of manifestations, content of uncertainty and sources of risk for the telecommunications company; theoretical and methodological principles of assessing economic stability have been determined through financial analysis; analysis of selection criteria, which are based on the formation of a set of indicators for evaluating the activities of a telecommunications company in conditions of uncertainty, justifying the adequacy of the level of its economic stability, has been performed. Results. In the course of the research the list of sources of risk for the telecommunication enterprise has been defined, the complex of estimating indicators of its economic stability has been formed. It has been established that the key source of uncertainty in the functioning of the telecommunications company is the financial component; it is on its basis that we can assess the economic consequences of both crisis effects and anti-crisis measures. Practical implications. The practical significance is to obtain the economic effect of increasing the economic stability level of the telecommunications enterprise that operates in modern conditions of uncertainty. Conclusions. The defined criteria of selection of indicators taking into account their characteristics represent a basis of a complex formation of balanced indicators of the economic stability estimation of the telecommunication enterprise in the conditions of uncertainty. The indicators of the financial component of a set formation of balanced indicators are characterized by a key role, and their choice should depend on the stage of business development of the telecommunications enterprise, which operates in conditions of uncertainty.

scholarly journals PREVENTIVE ASSESSMENT OF THE FINANCIAL CONDITION OF THE ENTERPRISE FROM THE POSITION OF POSSIBLE BANKRUPTCY RELEVANCE OF RESEARCH

2020 ◽  
pp. 45-53
Author(s):  
V. Mishchenko ◽  
L. Taraniuk ◽  
I. Domnina
Keyword(s):  
Methodological Approach ◽  
Machine Building ◽  
Social Consequences ◽  
External Factors ◽  
Information Support ◽  
Practical Significance ◽  
Advantages And Disadvantages ◽  
Financial Condition ◽  
The Impact ◽  
Building Enterprises

Relevance of research. The actualization of the assessment of the financial condition of the enterprise from the standpoint of possible bankruptcy is indisputable, taking into account the impact of both external and internal factors on the work of the enterprise. The purpose of the study: to develop a methodological approach to preventive assessment of the financial condition of the enterprise, taking into account internal and external factors influencing its economic activity from the standpoint of possible bankruptcy. Methodology and scientific methods: methods of comparative analysis, economic-mathematical modeling, system approach are used. Research results: the article considers scientific trends and problems of assessing the financial condition of enterprises using different methodological approaches. The most well-known formed discriminant models of foreign and domestic scientists are characterized, taking into account their advantages and disadvantages in conducting economic assessment of the financial condition of enterprises. Features and possibilities of application of these models at the domestic enterprises of a machine-building complex are stated. The necessity to develop a dynamic operational model of preventive management is substantiated, which makes it possible to take into account both internal and external national factors and foreign indicators. Unlike the existing ones, this model considers not only financial indicators (profitability ratio, current liquidity ratio, asset turnover, autonomy ratio), but also their importance in the dynamics, as well as taking into account external factors of the country in which the company operates. A new methodological approach for assessing the financial condition of the enterprise with the inclusion of national factors of enterprises and performance indicators of foreign economic entities is proposed. The proposed method of assessing the company in the dynamics in relation to each time to the previous year in terms of bankruptcy characterizes the effectiveness of management and is a signal to take precautions regardless of the stage of the life cycle of the enterprise or its products. The information support of this model serves as a basis for the formation of the company's self-management system. Research framework / possibility of using the results: the proposed methodological approach has an international character and can be used by single-industry enterprises of different countries to assess their financial and economic, marketing, organizational, production, logistics activities, especially when looking for business partners. Practical significance: assessment of the bankruptcy probability index at 12 machine-building enterprises of Ukraine was carried out, conclusions were made on the location of enterprises in the bankruptcy zone. Social consequences: the results of this assessment lead to management decisions by the management of machine-building enterprises on the optimization of jobs, labor movement, internal and external staff rotation.

scholarly journals INVESTMENT COOPERATION AND PRODUCTION COOPERATION OF UKRAINE AND THE EU

2021 ◽  
Vol 1 (36) ◽  
pp. 390-397
Author(s):  
I. Fomichenko ◽  
Ye. Myronenko ◽  
V. Shashko ◽  
Ye. Bolotina ◽  
І. Stashkevych
Keyword(s):  
Negative Impact ◽  
Machine Building ◽  
External Factors ◽  
Practical Significance ◽  
High Tech ◽  
The European Union ◽  
Global Integration ◽  
Investment Activity ◽  
The Eu ◽  
Building Enterprises

The aim of the article is to study the investment cooperation and production cooperation of Ukraine with the countries of the European Union in the context of global integration processes. In the process of research the following general scientific and applied research methods were used: analysis and synthesis, deduction and induction — in the process of choosing environmental factors that affect the investment activity of machine-building enterprises; systematization and generalization — in the process of conducting export-import operations of Ukraine with EU countries; monographic methods — for in-depth study of the tasks; abstract-logical methods — for theoretical generalization of research results and formulation of conclusions and proposals. An approach to the analysis of investment cooperation and production cooperation of Ukraine and the EU in the context of global integration processes based on the use of PEST-analysis of external factors affecting the activities of machine-building enterprises and SWOT-analysis of competitive advantages of machine-building enterprises of Ukraine, which identifies strengths and weaknesses of the internal environment in relation to the opportunities and threats of the external environment and to suggest potential directions for the development of their foreign economic activity in the context of European integration. The practical significance lies in the development of proposals to minimize the negative impact of external factors of enterprises, including reorientation to the production of high-tech and innovative products, changes in tax policy, public administration, as well as accelerating the modernization of fixed assets, stimulating innovation and promoting high-tech products, which will increase the level of competitiveness of machine-building enterprises, both domestically and in the foreign market. Originality lies in substantiating the structural elements of the approach to the analysis of investment cooperation and production cooperation between Ukraine and the EU in the context of global integration processes, which determine ways to minimize the negative impact of factors on the competitiveness of machine-building enterprises ensuring the re-equipment of many high-tech science-intensive industries.

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