scholarly journals ANALYSIS OF EXISTING METHODS OF VALUE ADDED CALCULATION AT THE ENTERPRISE

2018 ◽  
pp. 168-175
Author(s):  
Yuliya Pletn'ova ◽  
Valentyna Marchenko
Keyword(s):  
Business Processes ◽  
Value Added ◽  
Added Value ◽  
Enterprise Management ◽  
Advantages And Disadvantages ◽  
Value Added Models ◽  
Business Efficiency ◽  
Global Corporations ◽  
Transnational Companies ◽  
Classical Economic

Introduction. The analysis of business efficiency and enterprise management in terms of decision-making are key factors, which influence the outcome. That is why the search for methods of assessing the effectiveness of business processes that show the effectiveness of using embedded resources is the most important task of the modern economy. Using classical economic indicators to evaluate the company's performance does not show the results of using registered and invested resources, and, accordingly, does not allow making object-oriented decisions. World experience proves the expediency of using modern indicators of evaluating the performance of an enterprise based on the system of value added indicators using. Accordingly, the implementation of the experience of global corporations and the search for methods of effective assessment to obtain an effective and expedient result are actual directions for research. Purpose. The article aims to carry out the theoretical generalization and analysis of variation methods and models of value added calculation. Method (methodology). In order to reach the goal of the research we have used the following methods: empirical methods for the analysis of value added models, method of synthesis and analysis to clarify the essence of the concept of «added value», method of grouping and generalization for the systematization of value added models. Results. In the article, authors have proposed the new definition of the concept of «added value». We have analysed historical stages of the development of value added, reasons for its implementation and using as an alternative approach for determining the efficiency of the enterprise and management. The basic conceptual models of determining value added, which are used by the famous foreign transnational companies, have been considered. The authors have analysed the advantages and disadvantages of each model and the effective conditions for their use. The relevance of the implementation of this indicator in the activity of national enterprises for the construction of an effective system of management has been proposed.

scholarly journals Creation of added value in the context of measurement complexity of the digital economy

E-Management ◽  
2020 ◽  
Vol 3 (1) ◽  
pp. 68-74
Author(s):  
Ya. V. Miller
Keyword(s):  
Large Scale ◽  
Business Processes ◽  
International Comparisons ◽  
Value Added ◽  
Digital Economy ◽  
Added Value ◽  
Digital Data ◽  
Demand And Supply ◽  
The World ◽  
Key Indicators

In the last decade unprecedented technological changes have taken place, resulting in the emergence of a fundamentally new economic model. Based on the widespread spread of smartphones, the world has become more “connected”. The digitalization of demand and supply contributed to the creation of entirely new digital markets managed by platform enterprises based on an open business model, that enabled external consumers and producers to connect and interact with each other. A more interconnected world generates vast amounts of data, allowing platform companies to invest in machine learning and artificial intelligence and ultimately improve their efficiency. Finally, a steady digitalization of business processes, markets and global value chains is observed. In these circumstances, approaches to value addition are fundamentally changing in the context of new dimensions of the digital economy, the analysis of which was the purpose of our study. It has been identified, that in the absence of a standardized international methodology for measuring the digital economy, the latter is so far possible on disparate development-left and national statistics. Initiatives taken at the international level to overcome national differential approaches are still insufficient, as there is a lack of statistics and variables related to digital data. It has been revealed, that the lack of quality statistics on key indicators of the digital economy makes it difficult to assess the value added in the world economy scale and international comparisons. Much of the challenges of measuring value added in the digital economy, as shown in the article, are related to the principle of “scale without mass,” the intangible nature of capital, the intense growth of large-scale cross-border data flows, and the emergence of new sources of value creation.

scholarly journals Performance Analysis and Added Value of Industry Processing Beef into Processed Meat Jengken and Shredded in the Kota Kefamenanu District

2021 ◽  
Vol 3 (2) ◽  
pp. 91-107
Author(s):  
VICTORIA SARI LAU ◽  
Stefanus Sio ◽  
Theresia Ika Purwatiningsih ◽  
Hilarius Y. Sikone
Keyword(s):  
Balanced Scorecard ◽  
Business Processes ◽  
Descriptive Analysis ◽  
Value Added ◽  
Added Value ◽  
Processed Meat ◽  
Meat Processing ◽  
Processing Industry ◽  
Beef Processing ◽  
City District

This research aims to determine the performance of the beef processing industry in Kefamenanu City District and to analyze the amount of added value generated from beef processing in Kefamenanu City District. This research was conducted in the MSMEs VIVI meat processing industry, Kefamenanu City District, North Central Timor Regency. This study used the Surfei method with quantitative descriptive analysis. The variables observed were the performance of the meat processing industry and the added value of beef processing. The application of the balanced scorecard concept in analyzing the performance of VIVI MSMEs shows that from a financial perspective it has a good performance with an infinite CR value; average NPM 8,216%; an average ROA of 15,39% and an average ROI of 2,24 times of the investment value. From the customer perspective, it has a good performance with 51,49% of general customers who are satisfied and 49,79% of partner customers who are satisfied. For the perspective of internal business processes and the perspective of learning and growth have a good performance, respectively, with a value of 60,76% and 54,86%, respectively. It is concluded that the value added of beef products per kilogram of output is Rp. 48.060.00 for shredded products and beef jerky products of Rp. 37.551.00.

scholarly journals ADVANTAGES AND DISADVANTAGES OF A VALUE BASED APPROACH TO MANAGEMENT OF ENTERPRISE

2020 ◽  
pp. 63-67
Author(s):  
Moiseiev V. ◽  
Dombrovska S.
Keyword(s):  
Added Value ◽  
Enterprise Management ◽  
Management Approach ◽  
Value Assessment ◽  
Management Decisions ◽  
Value Based Management ◽  
Advantages And Disadvantages ◽  
Company Value ◽  
A Value ◽  
Oriented Approach

he article investigates the features of using a value-oriented approach to enterprise management in modern changing eco-nomic conditions. It is established, that the urgent problem today is to determine a reasonable target for value-oriented manage-ment. The application of indicators and models of enterprise valuation adequate to the Ukrainian economic conditions is analyzed. The advantages of the indicator of the value of the enterprise as the main criterion for assessing the efficiency of economic entities are identified. The foreign experience of introduction of the value-oriented approach in the management of the enterprises is ana-lyzed. The main directions of increasing the value of the company are formulated. It is established, that the indicator in the system of value-oriented management approach should reflect the value of the company and the effectiveness of management decisions. The main goal of the value-oriented management system is formulated, which is to coordinate and motivate decision-making that will lead to long-term competitive advantages. It was found, that companies which use the principles of value-oriented approach in management, have advantages over companies in similar areas of business that use traditional tools for making management decisions. The advantages of the value-oriented approach and obstacles in its implementation in the management of Ukrainian enterprises are identified. According to the VBM approach, the main indicator of evaluating the results of the enterprise is its value. This indicator of the value-oriented approach has certain advantages over traditional criteria for assessing the effectiveness of the company. It is noted, that using the approach of cost-oriented management of the enterprise does not always cause positive changes in the company's activities, which is caused by such major problems as difficulties in setting motivational goals and incon-sistency between EVA and shareholder value. It is proposed to take the maximization of the market value of the domestic enterprise as a benchmark for ensuring its positive results.Keywords: Value Based Management, value-based approach, value of company, value assessment, added value. У статті досліджено особливості використання вартісно-орієнтованого підходу до управління підприємством в сучасних мінливих економічних умовах. Виявлено переваги показника вартості підприємства як основного критерія оцінювання ефективності діяльності суб’єктів господарювання. Проаналізовано зарубіжний досвід впровадження вартісного підходу в управлінні підприємствами. Сформульовано основні напрямки підвищення показника вартості компанії. Визначено переваги вартісно-орієнтованого підходу та перепони у його впровадженні в управлінні підприємствами України. Запропоновано приймати максимізацію ринкової вартості вітчизняного підприємства за орієнтир забезпечення його позитивних результатів діяльності. Ключові слова: вартісно-орієнтоване управління, вартісний підхід, вартість компанії, оцінка вартості, додана вартість.

scholarly journals IDENTIFICATION OF INFLUENCE FACTORS ON THE INVESTMENTS EFFICIENCY IN AUTOMATION OF INDUSTRIAL ENTERPRISES MANAGEMENT IN THE CONTEXT OF BUSINNES CLUSTERS FORMATION

2020 ◽  
Vol 288 (6) ◽  
pp. 48-53
Author(s):  
V. LYSAK ◽  
Keyword(s):  
User Satisfaction ◽  
Business Processes ◽  
Influence Factors ◽  
Automated System ◽  
Enterprise Management ◽  
Erp System ◽  
Advantages And Disadvantages ◽  
Industrial Enterprises ◽  
Enterprise Management System ◽  
The Impact

The formation of the ERP is a complex and time-consuming process, and therefore for the successful completion of the project it is necessary to develop a strategic plan for management automation and the use of modern approaches to assess its effectiveness. An important aspect of the formation of an effective ERP is to identify, analyze and assess the impact of external and internal factors that affect the satisfaction of future users of the implemented system – staff and managers at all levels. The article analyzes common approaches to identifying factors influencing the effectiveness of projects for automation of industrial enterprise management. The application of common approaches to assessing the effectiveness of an automated enterprise management system at different levels of maturity of its IT infrastructure, indicating their main advantages and disadvantages, and gives priority to the total cost of ownership as a key. It is proved that to increase the productivity and efficiency of ERP-system enterprises should take into account the factors that affect user satisfaction. At present, it is actually possible to determine the effectiveness of IT investments for Ukrainian enterprises is the analysis of whether it is possible to achieve the set goals at the expense of funds allocated for automation, formulated not in the form of their return coefficient, but in terms characterizing the parameters of automated processes. In general, for most modern enterprises before the implementation of AMS it is necessary to conduct an audit and reorganization of their activities to create rational technologies and business processes. Reorganization in this case does not necessarily mean a change in the organizational structure of the enterprise, but the optimization of processes to achieve greater productivity at lower cost. Prospects for the development and maintenance of the system are important for domestic enterprises, which are mainly determined by the developer (supplier) of the automated system, as well as a set of standards that is embedded in the system and its components. In addition, an important role in choosing a supplier is the form of its presence in the domestic market, which is formed by the presence of a network of certified technical support centers, authorized training centers, “hotlines” for consultations and more.

Formation of Value-Added Reproduction Chains in the Industry Based on Business Audit

2019 ◽  
Vol 12 (3) ◽  
pp. 68-76
Author(s):  
N. M. Abdikeev ◽  
E. B. Tyutyukina ◽  
Yu. S. Bogachev
Keyword(s):  
Information And Communication Technologies ◽  
Business Processes ◽  
National Level ◽  
Value Added ◽  
Added Value ◽  
Information And Communication ◽  
The Government ◽  
Low Efficiency ◽  
The One ◽  
Integrated Structures

The subject of the research is the reproduction of added value in industry.The relevance of the problem under study is caused, on the one hand, by the low efficiency of the existing value-added reproduction chains characterized by a significant level of cooperation and globalization and, on the other hand, by the influence on their formation of information and communication technologies as a driver of the transition to a new technological paradigm.The purposes of the research were to identify the reserves for the value-added growth and determine ways to improve the organizational and functional structure of the value-added reproduction chain. The business process audit is proposed as a tool to reveal value-added growth reserves. The analysis of the existing value-added reproduction chains in the Russian industry indicates their localization in integrated structures (corporations).It is concluded that the state should establish an institutional basis for the formation of the most effective value-added reproduction chains in the industry, in particular, shape government policies encouraging the creation of integrated structures of the full technological cycle in priority sectors of the national economy and their development programs; formulate an inter-sectoral modernization policy as the basis of neo-industrialization; establish a single database of all business processes and corporations at the national level; conduct audits of competences of the parties to the chain and their certification with the government participation; develop an array of scientific and technological innovations at the national level, etc.

Research on the Process and Application of ERP System in Enterprise Accounting

2014 ◽  
Vol 686 ◽  
pp. 205-209
Author(s):  
Yi Zeng ◽  
Yi Heng Li
Keyword(s):  
Business Process ◽  
Business Processes ◽  
Value Added ◽  
Enterprise Management ◽  
Process Reengineering ◽  
Integration System ◽  
Erp System

This article illustrates the process and accounting business processes in the ERP system that has an integrated that starting with the influence of ERP on enterprise accounting business process. From reengineering the enterprise accounting business process, ERP system meets the needs of enterprise management. Under the influence of this integration system, in recognition of the original enterprise process, we will not remove the value-added activities and then get the accounting process reengineering in SAPR/3 system.

scholarly journals USE OF INFORMATION SYSTEM TOOLS FOR AUTOMATION OF BUSINESS PROCESSES OF THE ENTERPRISE

2021 ◽  
pp. 90-97
Author(s):  
Lyudmila Dolgova ◽  
Halyna Yamnenko
Keyword(s):  
Information Systems ◽  
Information And Communication Technologies ◽  
Operations Management ◽  
Information Needs ◽  
Information Technologies ◽  
Business Processes ◽  
Enterprise Management ◽  
Advantages And Disadvantages ◽  
Analysis And Synthesis ◽  
Definition Of Information

Introduction. Information systems play an important role in increasing the efficiency of enterprises and supply chains, which is associated with their stability. Information systems are focused on "integration of information technology solutions and business processes to satisfy the information needs of enterprises. Information systems are not only formed by the combination of information and communication technologies, but also the way people interact with these technologies to support business processes. In this sense, well-functioning information systems are particular types of working systems in which people or machines perform processes and activities that use resources to produce specific products or services for consumers. Information systems for business operations management are a pyramid of systems that integrate transaction processing systems at the bottom to management systems, decision support systems, and executive systems at the top, and support decision making at each part of the supply chain. Purpose. To study the features of the use of information systems tools for automation of business processes of the enterprise, highlighting the advantages and disadvantages of their application. Method. During the research, taking into account the purpose and objectives, general scientific and specific research methods were used. Among them: the method of scientific abstraction – in the systematization of the theoretical foundations of the use of information systems in enterprises, the method of system-structural analysis – in determining the features of information systems used to automate business processes; method of logical generalization – in the study of problems of application of information systems in enterprises; method of analysis and synthesis. Results. The importance of application of information technologies at automation of business processes of the enterprise is investigated in the article. The definition of information technologies is given. The list of advantages of use of information technologies in enterprise management is defined. Examples of programs used in the field of relationships with partners are given. Practical relevance. Due to the growing attention to the stable development of enterprises, the study aims to understand the role that information systems play in the automation of business processes. The potential of information systems for increasing the capacity to make management decisions and increasing productivity through the implementation of systems of corporate resources is important.

scholarly journals Analisis Nilai Tambah dan Efisiensi Usaha Tape Ketan pada Industri Rumah Tangga Tape Ketan di Desa Sungai Karias Kecamatan Amuntai Tengah Kabupaten Hulu Sungai Utara

2015 ◽  
Vol 5 (2) ◽  
pp. 352-360
Author(s):  
Azwar Saihani ◽  
Siti Hapizah
Keyword(s):  
Data Collection ◽  
Raw Materials ◽  
Value Added ◽  
Added Value ◽  
Analysis Tool ◽  
General Description ◽  
Glutinous Rice ◽  
Business Efficiency ◽  
Production Value ◽  
Sticky Tape

       The aim of this research is to determine the general description of home industry sticky tape seen from the characteristics of respondents and the views of the business production system, analyze the added value of sticky tape and analyze the efficiency of home industry sticky tape in Sungai Karias Village Amuntai Tengah District Hulu Sungai Utara Regency. Method research used is cencus method, the mothod of data collection uses interviews. Data collection was conducted from May until July 2015.   The data analysis used is qualitative analysis to get general condition description of sticky tape industry processed descriptively. Quantitative analysis uses analysis of costs, revenues, profits, value-added and business efficiency analysis. Analysis tool of added value is Hayami method. The results of this study showed that the total cost incurred is Rp.170.018,-, the average of revenue home industry sticky tape in once process production is Rp.341.712,-, the profits is Rp.171.694,-, added value obtained based on calculation Hayami method that is Rp.15.574,7 per kilogram of raw materials glutinous rice or 51,83% of the production value, and efficiencies obtained 2,00 that means the home industry sticky tape is efficient because the value more than 1. R/C ratio of 2,00 that means every Rp.1,00 cost incurred in home industry sticky tape will provide revenue 2,00 times of costs that incurred.

scholarly journals ANALISIS NILAI TAMBAH PRODUK OLAHAN KENTANG (Solanum tuberosum) DI KECAMATAN CIKAJANG KABUPATEN GARUT

2020 ◽  
Vol 6 (2) ◽  
pp. 532
Author(s):  
Qisthy Arinal Haq ◽  
Eliana Wulandari
Keyword(s):  
Quantitative Research ◽  
Raw Materials ◽  
Value Added ◽  
Secondary Data ◽  
Raw Material ◽  
Added Value ◽  
Analysis Method ◽  
A Value ◽  
Lack Of Information ◽  
Business Efficiency

The number of potato processors in Cikajang Sub-district Garut District is still relatively small, while Cikajang Sub-district Garut District is one of the production centers of potato commodities, which means the availability of abundant raw materials and has potential to be processed into other products to create added value. This problem can be caused by lack of information regarding the amount of added value that can be obtained from the processing. Therefore, the purpose of this study is to analyze the business efficiency and added value of potato processing. This study uses a quantitative research design with a questionnaire as a research instrument to 11 potato processors in Cikajang Sub-district, Garut District using the census method in September – November 2019. Data sources used are primary and secondary data. The data collected was processed using the business efficiency analysis method (RC ratio) and Hayami method. The results showed that the efficiency of processing potatoes into potato chips in Cikajang Sub-district was 1.8 and the added value obtained was Rp 10,647.4 / kg of potato raw material with a value-added ratio of 48.04%.

scholarly journals DIGITALIZATION OF ENTREPRENEURIAL ACTIVITY

2021 ◽  
Keyword(s):  
Corporate Culture ◽  
Business Processes ◽  
New Technologies ◽  
Entrepreneurial Activity ◽  
Necessary Condition ◽  
Successful Implementation ◽  
Highly Qualified ◽  
Economic Relations ◽  
Advantages And Disadvantages ◽  
Business Efficiency

The article considers a number of issues related to the concept of digitalization of entrepreneurial activity, its content, advantages and disadvantages, problems of its perception and implementation in domestic enterprises. The analysis is based on the premise that digitalization, covering all areas of the economy and business, contributes to the establishment of internal and external relations and, ultimately, to increase company productivity and business efficiency. Based on a comparative analysis of the definitions of digitalization, the following interpretation of this term is proposed: “digitalization of entrepreneurship” is a process of business transformation that involves the use of digital technologies to optimize business processes, increase company productivity and improve customer experience. Successful implementation of digitalization requires a proper understanding of these processes by the management of the enterprise. Rapid changes in the external environment in the context of globalization are forcing us to adapt to new digital innovations. Business owners should understand that in order to be competitive in today's environment it is necessary to implement new approaches to doing business and develop new products using digital channels of the enterprise. Digitalization helps to generate new business ideas, increases creativity and innovative approaches to their activities. A component of the digitalization process is to meet the needs of retailers who are constantly changing and interacting with new technologies, seeking to quickly and comfortably meet their own needs. The advantages and disadvantages of digitalization are generalized and grouped. It is noted that the benefits are not guaranteed, and in case of failure may not appear. The key role is played by the qualification of staff: the availability of highly qualified personnel is a necessary condition for successful digitalization, so the appropriate staffing is one of the difficulties faced by the company in the implementation of digitalization processes. Digitalization of entrepreneurship is an innovative creative process, so there can be no standard instructions for its implementation. However, it can be argued that the key to its successful implementation is corporate culture and innovation in activities at all levels of the enterprise in order to implement operational changes. The digitalization of the enterprise will promote the development of new types of business activities, the formation of a new quality of economic relations, the disclosure of intellectual and creative potential of all employees. This is especially important to increase the competitiveness of the enterprise.

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