Indication of Use Level Technical Component of Economic Activity in Processing Organizations
- DOI
- 10.2991/aebmr.k.200730.092How to use a DOI?
- Keywords
- sugar production, item of fixed assets, technical component, analytical procedures, key indicators
- Abstract
Digitalization of economy is associated with the acceleration of business processes, the adoption of effective management decisions, the development of which is based on information about the state and use of the main components of economic activity, including technical. Traditional approaches to the analysis of fixed assets include phased calculations of indicators that only fragmentary take into account the sequence of movement of the studied objects in the organization and, therefore, are of limited use. To eliminate existing methodological shortcomings, attributive-meaningful relationships between key static and dynamic indicators that take into account the specific features of sugar production and systematically cover the entire process of movement of the value of property, plant and equipment in the organization are identified and justified. A five-stage algorithm of business analytical procedures has also been developed, which allows identifying benchmarks for making proactive management decisions in terms of mobilizing the possibilities of intensive use of capital assets of processing organizations. Testing of the methodology for indicating the level of use of the technical component of economic activity was carried out based on the materials of seven sugar production organizations of the Voronezh region for the period 2014–2018; dynamic rating was carried out separately for each organization for each year, which allowed establishing the prevailing influence of factors of the external business environment on the results of using the technical component. The integrated rating of the organizations were carried out over each year and in general over a five-year period, which made it possible to ascertain the presence of unused and underused opportunities and the ambiguity of implemented management decisions aimed at developing the technical component; it is concluded that it is necessary to implement a systematic approach to indicating the level of use of the technical component of economic activity, ensuring a one-time assessment of the mobile elements of resource capital (material and labor) and the non-mobile element.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - A.I. Khorev AU - G.V. Belyaeva AU - R.V. Nuzhdin AU - N.I. Ponomareva AU - M.M. Pukhova PY - 2020 DA - 2020/08/01 TI - Indication of Use Level Technical Component of Economic Activity in Processing Organizations BT - Proceedings of the Russian Conference on Digital Economy and Knowledge Management (RuDEcK 2020) PB - Atlantis Press SP - 506 EP - 512 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.200730.092 DO - 10.2991/aebmr.k.200730.092 ID - Khorev2020 ER -