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Software USU

Economic analysis of production activities

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The situation in the formation of the mechanism of market processes strongly affects the role of economic analysis in the conduct of production activities, and competent management at the enterprise. But the problem is that the costs of the production part are undergoing a restructuring due to the sharp price parameters of energy resources caused by the depreciation processes, and at the same time, the lack of the ability to influence the formation of the cost of raw materials and resources. Taking into account the mutual influence and correlation of price indicators for resources and goods, we get unmonitored dynamics for different types of production costs, which greatly complicates the economic analysis of production activities. The meaning of economic analysis is in conducting a detailed and comprehensive study of various sources according to the criteria of the production part of the organization, directing all efforts to improve the quality of work, by introducing the most acceptable solutions in the field of management, which reflects the reserves identified during the analysis.

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This is what determines the need for choosing the correct methodology for a general assessment of production situations, as a way to find an acceptable option for measuring the effectiveness of an economic nature. To conduct an economic analysis of production activities at an enterprise, it is imperative to use economic activities as the main object. The reliability of the conclusions made on the basis of the economic analysis requires documentary substantiation. The assessment of the economic indicators of the organization is carried out by a team of professionals in this area, according to a program drawn up in advance. Each organization initially draws up plans for the economic analysis of production activities and then necessarily coordinates. Typically, this work is led by a chief engineer or head of the economic department. Based on the results of identifying and adjusting incomes that indirectly or directly affect parts of economic processes, they should be synthesized into a single whole, disparate parts. Financial and managerial are the main types of analysis, and depend on the tasks and options that they carry. Financial analysis, depending on external and internal factors, is responsible for documentation for tax, banks and other higher authorities, consumers, etc. The main task in external analysis is to assess the possibilities, liquidity and solvency in this area of activity. The internal part of the analysis is aimed at a competent and thoughtful distribution of equity capital, and what was taken at interest, taking into account profit, payback, determining the growth of reserves for improving profitability. Within each enterprise, a management analysis is also carried out, which examines the problems related to the organization, technical components, the conditions of the production part, the application and observance of norms for other types of resources.

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Conducting an economic analysis of production activities using outdated methods entails shortcomings, errors as a consequence of the human factor. This greatly reduces potency, increasing the number of defective products. But if you choose the path of automation, then a comprehensive analysis of the economic component of the organization's activities will move to a new level of efficiency. A large selection of programs for automating the analysis of the production part of the activity is complicated by the range and unreasonably high prices. In addition, many applications are of a very narrow profile and are problematic to master without special knowledge and experience in such configurations.

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Economic analysis of production activities