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Economic analysis of production
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Production, the economic analysis of which is carried out with sufficient regularity, has much more opportunities to improve its efficiency, since, thanks to economic analysis, a comprehensive study of production and financial activities at the enterprise is carried out, which allows an objective assessment of the available results and then draw up a plan for the future, taking into account growth of production efficiency, which will be ensured through the use of the results of economic analysis.
The economic analysis of products provides for the study of its structure by name, the relationship between the volume of products and the volume of their sales, control over the sale of products as a whole and for each product separately, comparison of the profit received from the sale of products and its cost for each commodity item.
The production and economic analysis of the enterprise aims to study the activities of the working divisions, supply services and sales of products, as well as production and financial. Its objects are the volume of production, types of production operations, the range of products, its structure, the quality of products, compared with the points of the production plan.
Who is the developer?
Akulov Nikolay
Expert and chief programmer who participated in the design and development of this software.
2024-04-24
Video of economic analysis of production
This video can be viewed with subtitles in your own language.
The economic analysis of production includes an analysis of changes in the volume of products for reporting periods, the fulfillment of the plan for the nomenclature, its structure, analysis of the consumption of raw materials and time costs, which makes it possible to find additional resources to increase production or increase its efficiency by reducing costs.
First, the level of organization and technological equipment of production is assessed, then the degree of fulfillment of the production plan is considered, the dynamics of production and changes in the structure of products are studied, the percentage of rejects is determined, then recommendations are followed to reduce non-productive costs and improve product quality.
The analysis of the financial and economic activity of a manufacturing enterprise makes it possible to establish the desired compromise between such financial results as profitability and liquidity in production with a degree of risk in calculating the required volume of financial investments, provided that the optimal structure of investments is maintained.
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Khoilo Roman
Chief programmer who took part in the translation of this software into different languages.
Economic analysis of production and financial activities is one of the main tools of management work, as it allows you to make strategically correct decisions based on the dynamics of changes in economic indicators provided by such analysis. The conditions of a market economy make any production and its products a highly competitive environment, since the finished product must be of high quality and not too expensive, so the enterprise must be open to innovate not only in production technologies, but also in its management.
It is this automated management that is provided by the Universal Accounting System, which has developed software for manufacturing enterprises, including for conducting regular economic analysis of the enterprise and its production. Automation of production can have a different level - from full automation of technological processes and all related work and up to one separate work process.
The software configuration for the economic analysis of the enterprise is part of the mentioned software and, in addition to comparing the economic indicators of production, performs other functions. For example, it keeps stock records in automatic mode, promptly notifying about the current inventories in the warehouse and under the report, calculates the period of supply with them and indicates the volume of products for the production of which these stocks will be enough. As soon as the volume of some raw material is close to completion, the software configuration for the economic analysis of the enterprise will independently draw up an application for the supplier and indicate in it the volume of the purchase, which will also independently calculate.
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Economic analysis of production
Automated warehouse management guarantees greater safety of industrial raw materials by increasing the efficiency of their accounting during storage, accounting for consumption in production, regularly comparing the planned consumption of raw materials and the actual one, identifying the reasons for such a discrepancy. This is already a striking economic proof of the benefits of industrial automation.
In addition to this fact, one can cite as an example the formation by a software configuration for economic analysis of an enterprise of the nomenclature range, the presence of which allows keeping a strict record of raw materials and finished products, controlling the structure and range of products, automatically comparing the volume of output with the volume of sales, and obtaining other economic indicators that are also important for improving production efficiency. And there are a great many such useful functions in the software configuration for the economic analysis of an enterprise.