Economic sciences / 10. Enterprise economy

Candidate of economical science Gorelova N.S.

Kostanay engineering- economical university named after M.Dulatov,  

Production efficiancy formation at the enterprise

Economic activity management is defined as continuous process which is achieved expedient impact on manufacturing system to prevent deviations from the intended target. If there are unexpected developments , the recapture  happens so quickly that the real damage to the organization’s normal activities   would not occur at all or will be kept to a minimum. Practical impact on the system involves planning, organization, motivation and control, the whole process, the entire process needed to formulate and achieve organizational goal.  Therefore, improving production efficiency   is the process of designing and making managerial decisions on all main formation directions in the organization, i.e. the output and inputs.

Enterprise production efficiency formation determines the number of requirements for this process [1], the main are:

1. Integrate with common organizational management. Regardless in which scope of activity administrative decision was taken, it directly or indirectly influence output and inputs formation. Organization production efficiency formation directly connected with the production management, innovation management, HR management, investment management, financial management and some other species of functional management. This determines the need for organic integration of expenses and results formation system with organization management system.  

2. The comprehensive nature of managerial decision formation. All management decisions in the field of expenses and result formation closely interrelated and have direct or indirect impact on the production efficiency level. In some cases, this impact    is contradictory. So for example, highly profitable financial investments implementation may cause financial resources deficiency that provides industrial activities, and as a consequence - significantly reduce the operating efficiency. Therefore, production efficiency formation should be considered as a complex system of actions that ensures interdependent management solutions, each of which contributes to expenses and results formation effectiveness   in the entire organization.

3. Multiplicity approaches to develop individual administrative decision. This requirement implementation    suggests that the preparation of every managerial decision in the expenses and results system should consider alternative possibilities of action. In the presence of alternative managerial decision project, their realization should be based on   criteria system that define management efficiency  policy in the organization. The system of such criteria is determined by the company itself.

4.  Focused on organization’s strategic development. Whatever how profitable seemed some managerial decisions at the current period; they must be rejected if they come into contradiction with the organization main aim. 

Taking into account the content production efficiency formation process  and  specified requirement   met  its  goals and objectives. The main  production efficiency formation purpose   in the commercial organization is to furnish  maximal  result (effect)  at minimum cost.

Construct production efficiency formation   system   calls systematized list of this administration’s objects. This object control systematization should on the one hand reflect the office functional approach, and on the  another - different levels   [2].

Production efficiency management functional focus tease out two  fundamental kinds: 1) profit formation management; 2) formation and coast allocation management. Each of these macro profit management in turn is divided into objects of a lower order, forming a hierarchical system.

As each management system production efficiency management achieves its main goal and objectives by implementing certain functions [3]. The specification of production management efficiency functions   is largely determined by enterprises industry characteristics, their size, as well as the specific legal forms.

The basis of production efficiency management mechanism at enterprise is planning.  Planning is the process of making development scheme to ensure production formation   efficiency at the appropriate level in accordance with the enterprise development objectives   in the coming period.

Planning at the enterprise is based on the usage of three essential systems: (1) business production efficiency   forecasting activities; 2) plant's production   efficiency current planning; 3) operative planning of enterprise production efficiency [36-40]. Each type of planning production efficiency   has its own form of implementation and results.

The process of performing production management   at the enterprise is based on a well defined mechanism. In the structure of management  mechanism  , according to I.A. Blanca it can include the following elements:

1 State legal and normative regulation   issues of enterprise  result formation and costs distribution. The adoption of laws and other normative acts, regulating enterprise profit formation and distribution that represents one of  government’s economic policy direction. Legislative and normative basis of this policy regulating  profit determination  and distribution  of enterprises in various forms. The main of these forms include : tax regulation; intangible assets and fixed assets depreciation regulating mechanisms; profit  adjustment  deductions  to the reserve fund; regulation of minimum wages and other.

2 Market regulating mechanism of  enterprise’s profit  formation and usage   Supply and demand on the commodity and financial markets shape the products price level,   attracting loans cost,  individual yield, average rate of return equity . According to market relation  deepening, the role of market regulation mechanisms of enterprise's profit formation and usage will increase.

3 Internal regulation mechanism of   certain enterprises’    formation, distribution and usage of profit  and expenses  . The mechanism of such regulation is formed within the company and, accordingly, defines those or other operational management decisions on the issues of formation, distribution and profits usage. Some of these aspects may be governed by post requirement. Some of these aspects are regulated and formed at the enterprise    profit management policy . Therewith company can developed and approved the internal system of   standards and requirements on profit formation, cost distribution.

 4 Specific methods and techniques system that controls cost and result implementation management. In the process of analysis, planning and production efficiency formation control   used an extensive methods system   by which to   required results achieve. The main of them include methods: the technical-economic calculations, the balance sheet, economic-statistical, economic and mathematical, comparison and others.

Effective mechanism production efficiency management of efficiency   at the enterprise allows to realize in full standing tasks and objectives, contributes to the effective implementation of office functions. 

 

Reference:

1. Enterprise Economics, Ed. E.L. Cantor - St. Petersburg: Piter, 2002.-352 p.

2. Keiler V.A. Business Economics: a Course of lectures. - M: INFRA-M; Novosibirsk: NGAEU, «Siberian agreement», 1999.-132 p.

3. Economics of firms: Textbook for universities/Under  . V.A. Shandar. - 3-e Izd., Rev. and extra - M: UNITY-DANA, 2002.-718 p.