scholarly journals Management of the formation of stocks of material resources of the enterprise

2021 ◽  
pp. 191-197
Author(s):  
A. Sumets
Keyword(s):  
Economic Effect ◽  
Normal Operation ◽  
Capital Investments ◽  
Analog Model ◽  
Manufacturing Enterprise ◽  
Logistics System ◽  
Material Resources ◽  
Industrial Enterprises ◽  
Net Profit ◽  
The Impact

The article deals with the problem of forming a reasonable level of stocks of material resources of the logistics system of a manufacturing enterprise. It was stated that in the share of material resources of industrial enterprises, the leading place is occupied by stocks of raw materials, materials, semi-finished products, and blanks. The latter belong to the category of inventories. Therefore, the management of this type of material resources is one of the most urgent tasks for enterprises. In this regard, there is a need for a modern approach to the problem of managing stocks of material resources and the economic assessment of the profitability of creating production and commercial stocks. And at the same time, one of the important questions is to determine their optimal volume. It was found that when forming stocks of material resources, it is necessary to simultaneously comply with the requirements for the sufficiency of their volume to ensure the normal operation of the enterprise's logistics system, to reduce their volume as much as possible while increasing the degree of mobility, and to minimize the total costs associated with the formation of stocks. An analog model for assessing the economic efficiency of the influence of changes in the size of the stock of material resources on the comparative economic effect of the logistics activities of an enterprise is proposed for practical use. This model takes into account the causal relationship between natural (partial) and cost (generalizing) indicators of the inventory management system of material resources and provides an opportunity to calculate the comparative economic effect of changes in the volume of inventories at the enterprise. In practice, this will make it possible to economically substantiate the decision on the need to form stocks of one or another type of material resources. It is shown that the economic effect of the functioning of the logistics system of a manufacturing enterprise is significantly influenced by the growth of fixed and circulating assets. To determine the assessment of the impact of the growth of fixed and current assets on the value of the economic effect, an analog model is proposed. The main structural elements of such a model are an increase in capital investments in fixed assets, an increase in profits from product sales, a change in logistics costs, an increase (savings) in investment in current assets, a change in the cost of production. These factors are directly related to the growth of depreciation charges, the increase in profits from the acceleration of inventory turnover and the increase in net profit. Taking into account the results of the studies performed, it was found that the economic effect is formed by the total discounted net profit and the amount of depreciation (provided there are no penalties) minus the total additional capital investments in the enterprise. To calculate the economic effect, a corresponding mathematical relationship is proposed. The key words: enterprise, stock, stock size, material resources, evaluation, relative economic effect.

scholarly journals Energy Saving as an Important Factor in Ensuring Product Competitiveness

2021 ◽  
Vol 2 (48) ◽  
pp. 120-125
Author(s):  
O. P. Vashkiv ◽  
◽  
S. B. Smereka ◽  
Keyword(s):  
Energy Saving ◽  
Specific Energy Consumption ◽  
Environmental Standards ◽  
Manufacturing Enterprise ◽  
Research Results ◽  
Industrial Enterprises ◽  
The Face ◽  
The One ◽  
The Impact

The article is aimed at studying the features of energy saving at a manufacturing enterprise and establishing a cause-and-effect relationship between energy saving and product competitiveness. Due to analyzing and generalizing the research results of domestic and foreign scientists the views of researchers on the process of energy saving at a manufacturing enterprise are systematized; the growing role of energy saving in ensuring energy efficiency and, consequently, product competitiveness is established. The research results show that energy saving at an enterprise is one of its most important assets, the impact of which on the level of product competitiveness is becoming increasingly important in the face of the exacerbating energy and environmental crises. Energy saving, basically focusing on the intensification of production processes and use of energy and energy resources, on the one hand, reduces the level of specific energy consumption and, consequently, the price of the released product while maintaining or increasing its quality; on the other hand, it reduces the carbon loading on the environment, thus contributes to the growth of the company's image among its consumers and partners. Both components are the most important factors in ensuring product competitiveness. The development and implementation of energy saving measures at industrial enterprises, with regard to the industry-specific character of economic entities, market conditions, and the requirements of environmental standards can serve as prospects for further research

scholarly journals Evaluation of the investments efficiency in the development of the key component of the supply chain

2021 ◽  
pp. 53-61
Author(s):  
Sumets Olexander ◽  
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Economic Effect ◽  
Economic Assessment ◽  
Cash Flows ◽  
Logistics System ◽  
Production Logistics ◽  
Manufacturing Enterprises ◽  
Industrial Enterprises ◽  
Targeted Approach

Supply chains are unique logistics systems. Typically, such systems include a number of components. The key component is considered to be the producer enterprise, around which supply chains are organized. The efficiency and effectiveness of the supply chain largely depends on the level of development of the key component. In turn, the latter depends on effective investment. It is established that the practice of enterprises-producers, which are key components of supply chains, requires a qualitative economic justification of investment measures, which must be forecasted for the long term before their implementation. The article substantiates the need to assess the effectiveness of investment in the development of a key component of the supply chain based on a targeted approach. It is indicated that to assess the effectiveness of investment in the development of industrial enterprises should use absolute and relative cash flows, the values of which are used in the calculations of absolute and comparative effects, respectively. With this in mind, a targeted approach should be applied to improve the quality of assessing the effectiveness of investment in the development of manufacturing enterprises. The essence of the criterion indicator of net cash flow is thoroughly described. It is stated that the economic assessment of the comparative economic effect should be based on the definition of incremental indicators that reflect changes in the activities of the enterprise due to the investment of additional investments in the assets of its logistics system. The tree of maximizing the efficiency of investments in the main assets of the production logistics system of the enterprise is formalized. An approach to evaluating the effectiveness of investing funds in the production and logistics system of the enterprise is proposed.

scholarly journals Assessing the Production Potential of Innovatively Active Industrial Enterprises on the Basis of IECO Analysis

2021 ◽  
Vol 5 (520) ◽  
pp. 188-193
Author(s):  
N. G. Matsko ◽  
◽  
L. A. Niekrasova ◽  
Keyword(s):  
Strategic Management ◽  
Methodological Approach ◽  
Economic Effect ◽  
Qualitative Assessment ◽  
Production Potential ◽  
Innovative Strategy ◽  
Industrial Enterprises ◽  
Ecological Responsibility ◽  
Reliable Assessment ◽  
The Impact

The article is aimed at forming a methodological and practical basis for assessing production potential, taking into account the directions of strategic management, which are inherent in the innovatively active industrial enterprises. The essence of the strategy of enterprise development, the main factors of ensuring the efficiency of the strategy are examined. The need for a qualitative reliable assessment of production potential in the formation of an innovative strategy for the development of the enterprise is substantiated. Assessment of the conformity of production potential to the developed strategy allows to decide on the implementation of measures to fulfill the goals of the enterprise or to search for opportunities and reserves to increase the level of production potential. As result of the research, a methodological approach to the assessment of production potential with the help of IECO analysis is developed, this analysis allows assessing the production potential in the context of the main directions of strategic management, the development of which ensures the efficiency of the enterprise: innovative activity, ecological responsibility, competitive positions, organizational adaptability. IECO analysis is based simultaneously on the resource conception and the conception of competitiveness and provides both quantitative and qualitative assessment of production potential. The use of IECO analysis also allows to determine the impact of elements of production potential on its formation and development, which is useful in determining the priority of focusing the attention of the management of enterprises on the relevant element of the potential. Since the analysis results in an integral indicator in a value expression, this analysis can be used as one of the methods for assessing the value of a business. Prospects for further research in this direction are to develop a model for optimizing the components of production potential in order to achieve the maximum possible economic effect and ensure the possibility of using production potential to the full extent.

scholarly journals Analysis of the Impact of China’s Novel Coronavirus Pneumonia on Chinese Enterprises’ Performance

2020 ◽  
Vol 4 (2) ◽  
pp. 135
Author(s):  
Zhao Ying
Keyword(s):  
Business Performance ◽  
Listed Companies ◽  
Chinese Enterprises ◽  
Industrial Enterprises ◽  
Net Profit ◽  
Asset Turnover ◽  
Novel Coronavirus ◽  
Almost All ◽  
The Impact

The outbreak of novel coronavirus pneumonia has affected almost all industries and enterprises. This paper analyzes the impact of the epidemic on the macro economy through GDP and other indicators, analyzes the impact of the epidemic on the overall business performance of the enterprises through the asset turnover speed index of the above scale industrial enterprises, and analyzes the impact of the epidemic on the net profit of the listed companies through the first quarter performance forecast of the listed companies. At last, the paper puts forward that enterprises should improve their awareness and ability to resist risks.

scholarly journals LOGISTICS AS A TOOL TO IMPROVE COMPETITIVENESS OF THE ENTERPRISE

2018 ◽  
Vol 64 ◽  
Author(s):  
A.V. Bessonova ◽  
E.M. Lavrenyuk ◽  
L.P. Serednitskaya
Keyword(s):  
Economic Effect ◽  
Economic Conditions ◽  
Logistics System ◽  
Modern Economic ◽  
Reducing Costs ◽  
Economic Tools ◽  
The Impact ◽  
The Competitiveness Of Enterprises

The article examines logistics as a tool to improve the competitiveness of enterprises in the current economic conditions. Analyzed the features of the impact of logistics costs on the efficiency of the logistics system in a functioning economy. Modern economic tools, increasing the efficiency of logistic processes and obtaining such an economic effect as reducing costs and time in the areas of production and circulation are identified and justified.

scholarly journals The Need for Transformations of Enterprises’ Mechanism of Economic Security Management in the Context of the Fourth Industrial Revolution Risks Spread

2020 ◽  
Vol 23 (1) ◽  
pp. 125-129
Author(s):  
Yulia Matukhno ◽  
◽  
Dmytro Kutsenko ◽  
Keyword(s):  
Industrial Revolution ◽  
Security Management ◽  
Economic Security ◽  
The State ◽  
Industrial Enterprise ◽  
Normal Operation ◽  
Management Mechanism ◽  
Industrial Enterprises ◽  
Fourth Industrial Revolution ◽  
The Impact

Introduction. The state of economic security of the enterprise determines its ability to develop its own potential and maintain the level of competitiveness, as well as ability to counteract the negative impact of external and internal environment and prevent the risks that are characteristic of it. The number of risk factors for the normal operation of domestic enterprises has increased in the context of the trends spread of the Fourth Industrial Revolution. An important step in establishing a modern integrated economic security system is the formation of a management mechanism that will ensure the effectiveness of the process of identifying and neutralizing both traditional and emerging risks to industrial enterprises, many of which belongs to the critical infrastructure of the country and are therefore strategically important for maintaining industrial potential and maintaining the state of national security. Purpose. The purpose of the article is to determine the vectors of transformation of the essence, functions, main stages of creating a mechanism for managing the economic security of an industrial enterprise, able to counteract the negative consequences of the risks of the Fourth Industrial Revolution. Results. The article reveals the essence of the mechanism of economic security management and defines its main elements. It is offered to divide the functions of the mechanism of economic security management of the enterprise into preventive and anti-crisis management in order to ensure timely counteraction to the risks of the environment of the industrial enterprise. The short characteristic of the stages of industrial enterprise economic security management mechanism formation is given, features of functioning of the economic security management mechanism in the conditions of tendencies distribution of the Fourth Industrial Revolution are considered. Conclusion. As a result of studying the basics of building a modern, risk-oriented industrial enterprise economic security management mechanism, it was found that due to its elements such as methods, resources, tools and levers of economic security, it becomes possible to effectively overcome the impact of traditional and innovative risks on corporate resources of enterprises and on the success of the process of meeting the economic interests of different groups of its stakeholders. Implementation at the applied level of the outlined stages of enterprise economic security management mechanism formation allows to apply its functionality in the future to ensure economic stability, strategic prospects and competitiveness of the business structure in the risk of the Fourth Industrial Revolution.

The Impact of Property Characteristics on Economic Performance of Russian Industrial Enterprises

2005 ◽  
pp. 53-68 ◽  
Author(s):  
R. Kapeliushnikov ◽  
N. Demina
Keyword(s):  
Detailed Analysis ◽  
Economic Performance ◽  
Ownership Concentration ◽  
Corporate Sector ◽  
Concentrated Ownership ◽  
Industrial Enterprises ◽  
Russian Industry ◽  
Control Premium ◽  
And Performance ◽  
The Impact

The paper provides new survey evidence on effects of concentrated ownership upon investment and performance in Russian industrial enterprises. Authors trace major changes in their ownership profile, assess pace of post-privatization redistribution of shareholdings and provide evidence on ownership concentration in the Russian industry. The major econometric findings are that the first largest shareholding is negatively associated with the firm’s investment and performance but surprisingly the second largest shareholding is positively associated with them. Moreover, these relationships do not depend on identity of majority shareholders. These results are consistent with the assumption that the entrenched controlling owners are engaged in extracting "control premium" but sizable shareholdings accumulated by other blockholders may put brakes on their expropriating behavior and thus be conductive for efficiency enhancing. The most interesting topic for further more detailed analysis is formation, stability and roles of coalitions of large blockholders in the corporate sector of post-socialist countries.

MODERN PROBLEMS OF ACCOUNTING AND ANALYTICAL ENSURING FINANCIAL RESULTS MANAGEMENT

2020 ◽  
Author(s):  
Yuliia Peniak ◽  
◽  
Nataliia Horokhovatska ◽  
Keyword(s):  
Performance Management ◽  
Enterprise Management ◽  
Goods And Services ◽  
Financial Condition ◽  
General Evaluation ◽  
Net Profit ◽  
Business Entities ◽  
Results Management ◽  
Main Components ◽  
The Impact

The main purpose of any enterprise in the market economy is to obtain high financial results. One of the main conditions for the effective functioning of the enterprise is ability to generate profit in the amount that will create the financial basis for further development and expansion of the enterprise, comply with social and material needs, ensure competitiveness in the market of goods and services. The need for accounting and analytical management of financial results stems from needs of owners, the state and employees in information that will enable them to identify patterns and trends in financial results, identify and assess the main factors influencing the process of their creation, distribution and usage, identify reserves and thus increase the level of profitability. Despite the significant scientific contribution in the field of research of financial results of the enterprises, the issue of improvement aims to the accounting and analytical maintenance of management of financial results of the enterprise remains actual. That is why the purpose of the study is to substantiate the theoretical and practical aspects and develop approaches to improving the mechanism of formation of accounting and analytical support for the management of financial results of the enterprise. Accounting and analytical management of financial results of the enterprise is a set of interconnected elements of production and management system, activities carried out by the subject of management, creation of a certain structure, as well as collection, accumulation, storage and analysis of information necessary for effective operation of the enterprise. The main components of the study of accounting and analytical support of financial performance management are the formation of methods of analysis, control and forecasting of financial results, which requires specification of the components of the analytical and controlled process within the organizational and information model. Namely, the formation of reliable information about the financial condition of the enterprise, the analysis of economic indicators of the enterprise is of great importance in the system of general evaluation of business entities. Their research makes it possible to assess the dynamics of the structure of income and expenses, to determine the impact of factors on the company's profit from various activities, as well as to find reserves to increase the net profit of enterprises. Thus, the improvement of accounting and analytical support of enterprise management is based on the use of modern forms, methods and principles that place new demands on the formation of unbiased, complete, timely, clear and useful accounting and analytical information about the enterprise and its financial results.

Assessment of sensitivity of the efficiency of regional tax spending towards investment attractiveness of the types of economic activity carried out by the residents of advanced development territory

2020 ◽  
pp. 98-110
Author(s):  
Evgeniya Mikhailovna Popova ◽  
Guzel Mukhtarovna Guseinova ◽  
Sergei Borisovich Milov
Keyword(s):  
Economic Activity ◽  
Socioeconomic Development ◽  
Federal District ◽  
Tax Incentives ◽  
Capital Investments ◽  
The Subject ◽  
Investment Process ◽  
The Impact ◽  
Advanced Development

The deficit of subnational budgets and deceleration capital investments in multiple Russian regions increase the relevance of research aimed at improvement of tax incentivizing practice of the regional investment process. The studies focused on determination of the impact of socioeconomic and institutional factors upon the efficiency of investment tax expenses obtained wide circulation within the foreign scientific literature. The subject of this article is the assessment of sensitivity of the efficiency of regional tax expanses towards investment attractiveness of the types of economic activity carried out by the residents of territories of advanced socioeconomic development, created in the subjects of Far Easter Federal District. The scientific novelty and practical values of this research consists in substantiation of the reasonableness of assessment of investment attractiveness of the types of economic activity that are stimulated by tax incentives. Methodology for assessing investment attractiveness is proposed and tested. The conclusion is made that in case of low investment attractiveness of the type of economic activity, which was planned to support by tax incentives, it is required to conduct and additional analysis to avoid unjustified tax expanses.

TO THE QUESTION OF THE IMPACT OF CLIMATE CHANGE ON THE ECOLOGICAL STATE OF ARTIFICIAL PLANTATIONS OF PITSUNDSKAYA PINE IN THE SEASIDE AREA OF GELENDZHIK

2017 ◽  
Author(s):  
Elizaveta Derevenets ◽  
Elizaveta Derevenets
Keyword(s):  
Negative Impact ◽  
Standard Technique ◽  
Negative Influence ◽  
Exhaust Gases ◽  
The Road ◽  
Industrial Enterprises ◽  
Federal Highway ◽  
On The Road ◽  
The Impact ◽  
The City

Gelendzhik is the resort town, there aren't a lot of industrial enterprises here. The main pollutant is transport. The work purpose is the assessment of a condition of the artificial landings of a pine located along the Federal highway "Don" and landings, which is nearly the sea coast. Researches were conducted to a standard technique of the General vital state (A. S. Bogolyubov). The assessment of a condition of pines was carried out during 6 years: from 2010 to 2015. For carrying out research we used 6 experimental grounds on the Markotkhsky spine and 2 control grounds within the town. We investigated 24 trees on each platform, middle age of the trees were 30 - 40 years. Results. 1. The condition of trees in the pine forests located in immediate proximity with the Federal highway "Don" (No. 1, 2, 3) is unsatisfactory. As even weak influences of the majority of atmospheric gaseous pollutants (sulphurous gas, nitrogen oxides, etc.) give effect of a necrosis and hloroz of pine needles, the condition of pines is connected with technogenic pollution. So near the Federal highway "Don" the air environment is strongly polluted by exhaust gases. Information of 2012 confirm that negative influence of the route on Markotkh's vegetation decreases at reduction of load of the route. 2. On the sites located above on a slope (No. 4,5,6) thanks to remoteness and the wind mode intensity of influence of pollutants is lower and a condition of pines the quite satisfactory. 3. Trees on the sites located near the sea (No. 7,8) are in a good shape. Small deterioration of a state is noted in very droughty years. Conclusion. Results of six years' research show that the condition of the plantings which are in close proximity with the road worsens. It is explained by increase in intensity of the movement on the road, especially during a resort season. Gelendzhik is the city with a good ecological shape, but the damage to environment is already caused. If not to take measures, we can lose a unique part of the nature in the future, recreate it will be impossible. Measures of reduction of negative impact of exhaust gases were offered. Results of researches are transferred to ecological department of the City administration of Gelendzhik.

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