Assessment of Production Reserves Helping to Form an Efficient Production System
Keywords:
Production Reserves, Stocks of Resource Groups, Production Efficiency Increase, Production Losses, Labor ProductivityAbstract
Purpose: The main subjects of Russian economy have very low efficiency which makes no more than 26% of the respective indicators
in the USA. According to McKinsey Global Institute, this is caused by inefficient labor management which prevents the companies from
revealing and fully employing the available production reserves. Lack of clear understanding of the terminological difference in the
definitions of production reserves and their formalized classifications aggravates this problem. The purpose of this work is analyzing
groups of production reserves of enterprises and organizations, promoting the build-up of an efficient production system. Results:
It was proposed to divide the classifications of the groups of production reserves according to the following signs: as stocks of resource groups and as production efficiency increase opportunities. It was shown that management of production reserves allows you to increase the production volume and quality without attracting considerable additional resources from external sources and your own reserve fund. The indicators of assessment of using reserves in the production process were discussed. For the labor productivity indicator, its special role in the assessment was shown. Practical relevance: The proposed approaches to the assessment of production reserves can form a basis for developing methods to form efficient production system of an enterprise.