WAYS OF INCREASE IN EFFICIENCY OF USE OF FIXED ASSETS
Author(s): Izmailov Maxim Kirillovich
Release: 2019-3 (30)
Keywords: Fixed assets, analysis, efficiency, capital productivity, modernization, profit, fixed assets structure
Annotation: The article is devoted to the analysis of ways to increase the efficiency of using fixed assets. The relevance of the work is due to the importance of fixed assets in the assets of the enterprise in almost any industry. Improving the efficiency of their use is a permanent task of company management. The article provides an overview of the works of domestic authors regarding the topics being studied, the definition of fixed assets is considered, federal statistical information is analyzed. Four groups of the main factors affecting the efficiency of the use of fixed assets are identified, their main focus (achieving specified financial, economic, organizational and technical parameters of production) and classification (extensive and intensive ways to improve the use of fixed assets) are determined. The system of increasing the efficiency of using fixed assets is described in detail, consisting of three basic elements (technical improvement of the means of labor, increasing the time of functioning of equipment and improving the processes of organizing and managing production). Specific methods for increasing the efficiency of using fixed assets are indicated, the main factors for choosing a particular method are described. Based on the analyzed materials, the author proposed an original technique for managing fixed assets.
Bibliography: Izmailov MA.KI. WAYS OF INCREASE IN EFFICIENCY OF USE OF FIXED ASSETS // Economics and Management. – 2019. – № 3 (30). – С. 95-101. doi: 10.21777/2587-554X-2019-3-95-101