Tip 1: Economic efficiency is an important characteristic of production

Business

Tip 1: Economic efficiency is an important characteristic of production

Getting the most profit with the maximumUse of available resources and minimum costs characterize the economic efficiency of production. This economic indicator characterizes the productivity of labor and the usefulness of using raw materials, materials and production capacities.

Today in the world, the economic indicatorEfficiency is expressed in a variety of forms. At the production level, this indicator is defined as the profitability of production, and at the state level it is expressed as the total national production results per unit of time or working unit. The characteristic of economic efficiency is the comparison of production results with production costs. Production efficiency is divided into several types according to its characteristics: environmental, social and economic consequences; At the place of effect - local (self-financing) and economic; by periodicity - one-time and animated. The totality of these types reflects the efficiency of production at a single enterprise.

Required costs

To obtain an economic effect, there areNecessary costs, which are divided into two groups. Current costs are associated with the purchase of raw materials, materials for production, energy costs, payroll and product sales. One-off costs imply capital investments for the development of circulating funds, which subsequently serve to update the organization's fixed assets, to introduce innovative production technologies, capital construction, lending, and the development of new lines of business.

Increasing production efficiency: factors

When analyzing performanceOrganizations should take into account factors that could increase production efficiency. These factors can be divided into vector directions. The first vector is an increase in the level of effective use of resources available in production. The second is to stimulate the workforce in order to increase the percentage of labor productivity. The third vector is the maximum mobilization of the company's internal funds. And the fourth - constant monitoring and analysis of the above factors that affect the effective operation of the enterprise.

Key Performance Criteria

Key Performance Indicatorsproduction are divided into two subgroups. The first subgroup implies general indicators: the volume of output per implementation per unit of costs; profit per unit of gross costs, costs per ruble of profit, profitability of production, a percentage of the increase in the volume of produced goods due to increased production. The second category consists of indicators of the use of funds involved in production (total capital productivity), profitability of funds, return on assets, for output of a unit of production.

Tip 2: How to find the physical volume index

The analysis of performance indicators isone of the main methods of economic theory. It allows you to evaluate all processes in the enterprise in terms of improving their financial returns. For example, to assess the change Volume of turnover is used index physical Volume of.

Instructions

Index of physical Volume of - a generalized indicator of the turnover of products forenterprise. It is used to assess the dynamics of a rather complex process, since commodity turnover includes several components: the heterogeneity of goods, the prices of various product names, the number of units sold.

Index of physical Volume of is a comparison of turnover forreporting and reference periods. Turnover of products, as a rule, includes the sale of not one but several names. Each name, in turn, has its own unit price.

For this reason, it's easy to compare two commonthe quantity of the goods sold will be the wrong decision. This is due to the fact that the volume of products sold in each period of time is not uniform. In this period, more units of one name are sold, in the next - of another. Therefore, in order to balance the two compared quantities, the prices of the base period are included in the calculation.

To find index physical Volume of, It is necessary to add in the numerator of the workthe volume of each type of goods in the current period by the value of its unit in the basic, and in the denominator - the product of the volumes of each type of commodity in the reference period by the unit price in the reporting period: Inx = Σ (Q1 * Pr0) / Σ (Q0 * Pr0), where: Q1 - the volume of turnover of the reporting period, Q0 - the volume of turnover of the reference period, Pr0 - the prices of the base period.

Index of physical Volume of is measured in% and shows how theThe value of the goods as the volume of production increases or decreases. This value is an important indicator for the analysis of the efficiency of the enterprise, since it reflects the quality of production. Depending on its importance, the enterprise can draw a conclusion about the correctness of its economic policy, decide on its change, for example, reduce the cost of goods or increase the cost of advertising.