scholarly journals Modeling of the System of Evaluation of Retail Enterprises on the Basis of KPI and Process Approach

2021 ◽  
Vol 4 (519) ◽  
pp. 66-72
Author(s):  
O. S. Podskrebko ◽  
◽  
N. O. Ivanchenko ◽  
V. V. Tkachenko ◽  
◽  
...  
Keyword(s):  
Environmental Conditions ◽  
Performance Indicators ◽  
Business Processes ◽  
Process Approach ◽  
Retail Trade ◽  
Financial Indicators ◽  
Key Factors ◽  
Modeling And Forecasting ◽  
Retail Enterprise

The article proposes a model for evaluating the activities of retail enterprise, which is based on five stages and allows determining ways to increase the efficiency of functioning, which will improve the adaptive properties of the economic object. The analysis of types of KPI is carried out, process and functional approaches are identified as the main ones for the direct development of key performance indicators, as well as the characteristics of the evaluation of effective marketing at enterprises, including those that function in the sphere of retail trade, are determined. The authors considered how modeling and forecasting of key financial indicators of an enterprise contribute to the creation of strategies for its development. The article notes that for the initial evaluation of a retail enterprise focused on long-term success, it is mandatory to conduct an audit aimed at assessing the efficiency of the economic object and defining how quickly the enterprise adapts to dynamic environmental conditions. The carried out analysis allowed to identify the key factors that contribute to an improvement of the enterprise’s operation. Also, on the example of the Isikawa diagram, the ratio of KPI, strategies and understanding of business processes was considered in order to set, control and analyze the achievement of goals.

scholarly journals Modelling the Implementation of a Sustainable Development Strategy through Process Mapping

Proceedings ◽  
2020 ◽  
Vol 63 (1) ◽  
pp. 6
Author(s):  
Ioana Miruna Tătaru ◽  
Elena Fleacă ◽  
Bogdan Fleacă ◽  
Radu D. Stanciu
Keyword(s):  
Development Strategy ◽  
Performance Indicators ◽  
Business Processes ◽  
Value Added ◽  
Value Stream ◽  
Classification Framework ◽  
Environmentally Responsible ◽  
Energy Innovation ◽  
Process Classification

Industry 4.0 implies sustainable production by providing green products created through environmentally responsible processes. This paper aims to analyze the two main business processes responsible for energy innovation in a telecommunications company: “develop property strategy and long-term vision” and “evaluate environmental impact of products, services, and operations”. The processes will be introduced using an initial set of key-performance indicators (KPIs) and American Productivity & Quality Center (APQC) Process Classification Framework activities. Through value stream analysis, the non-value-added activities will be eliminated. Ultimately, to provide an overview for the stakeholders, a new set of KPIs will be proposed and the processes will be modeled using Event-Driven Process Chain (EPC) and Suppliers-Inputs-Process-Outputs-Customers (SIPOC) methods.

scholarly journals Simulation analysis of engineering business process in asset sustainment activities based on total cost of ownership

2021 ◽  
Vol 13 ◽  
pp. 184797902110101
Author(s):  
John PT Mo ◽  
Anthony Caporaso
Keyword(s):  
Business Process ◽  
Performance Indicators ◽  
Business Processes ◽  
Simulation Analysis ◽  
Total Cost Of Ownership ◽  
Engineering Change ◽  
Total Cost ◽  
Cost Of Ownership ◽  
New Business

Major assets such as buildings, infrastructure and defence systems are long term investments that require many outsourced sustainment activities to maintain satisfactory performances over their service life. When multiplied by the number of years that the sustainment is planned to be undertaken, the contracting cost is high. Many business processes are established to govern these asset sustainment activities and eventually become the source of inefficiency. This paper analyses the performance of these processes using a performance driven approach. Combined with input data of requests for engineering change in similar assets, this paper evaluates a new business process redesigned from an existing process to achieve significant savings in total cost of ownership as well as improving other non-financial performance indicators.

scholarly journals Balanced Scorecard for Repair Shipyards

2019 ◽  
Vol 17 (2) ◽  
pp. 130-144
Author(s):  
O. G. Leonova
Keyword(s):  
Balanced Scorecard ◽  
Performance Indicators ◽  
Business Processes ◽  
Balanced Score Card ◽  
Economic Activities ◽  
Daily Work ◽  
Score Card ◽  
Enterprise Model ◽  
Strategic Goals

To achieve success in the production sphere, any business entity must be able to quickly adapt to changing market conditions. Its financial and economic activities largely depend on speed of obtaining information, besides financial data, about factors influencing the results of both the daily work of the enterprise and achievement of long-term strategic goals. One of the effective methods of implementing the strategy in a form that is acceptable for a competitive environment is Balanced Score Card (BSC).The article substantiates the need for its implementation in the practice of Russian repair shipyards, proposes a method for determining key performance indicators considering the customer focused business processes, targeted labour motivation and corporate psychology of personnel. The suggested model was adapted to the practices of an enterprise, model KPI were proposed and discussed.

Research and transformation of business processes of a retail enterprise

2020 ◽  
Author(s):  
P. Roschupkina
Keyword(s):  
Business Processes ◽  
Daily Basis ◽  
Point Of View ◽  
Retail Trade ◽  
Human Society ◽  
Retail Operations ◽  
Material Wealth ◽  
Exchange Processes ◽  
Individual Use ◽  
Retail Enterprise

Retail trade occupies an important part of the life of society because it is directly aimed at satisfying its needs as a consumer and is a source of material wealth for the seller. This sphere of activity is an independent branch of the national economy, which has emerged because of commodity exchange processes designed to meet the various needs of human society. Everyone of society, as a result of the implementation of exchange operations, has the opportunity to receive for the final individual use what he needs. The seller, in pursuit of his own benefit, relieves the manufacturer of the need to search for a buyer for his products. From this point of view, the role of retail trade in the reproduction cycle is extremely important, since, specializing in specific operations, this industry is not only an intermediary, but also a catalyst for mutually beneficial interaction of all participants in these relationships. Virtually everyone in both developed and developing countries is involved in retail operations on a daily basis.

scholarly journals Construction of the economic indicators of performance in relation to environmental, social and corporate governance (ESG) factors

2012 ◽  
Vol 60 (4) ◽  
pp. 195-206 ◽  
Author(s):  
Alena Kocmanová ◽  
Marie Dočekalová
Keyword(s):  
Corporate Governance ◽  
International Organizations ◽  
Economic Performance ◽  
Performance Indicators ◽  
Manufacturing Sector ◽  
Economic Indicators ◽  
Added Value ◽  
Key Factors ◽  
Governance Indicators

The article is focused on economic performance in relation to environmental, social and corporate governance indicators. Indicators are increasingly used by investors to understand the processes in company, focusing on the key factors. Many international institutions engaged in the development of environmental, social and corporate governance indicators and they are in accordance with financial institutions trying to find a common language in defining the environmental, social and corporate governance indicators affecting their common objectives to achieve sustainable, long-term growth and prosperity. The aim of the article is searching for the way of measuring economic performance of the company in relation to environmental, social and corporate governance indicators. On the basis of analysis of the environmental, social and corporate governance performance indicators of international organizations has been carried out empirical research of economic indicators for the companies in the manufacturing sector. The expected result of the research is the design of the economic indicators of performance in relation to environmental, social and corporate governance indicators. These proposed economic performance indicators should enable companies to measure the economic performance and added value towards sustainability.

scholarly journals KEY PERFORMANCE INDICATORS OF A CREWING COMPANY ACTIVITY

2019 ◽  
Vol 21 (1(70)) ◽  
pp. 28-36
Author(s):  
O.О. DANCHENKO
Keyword(s):  
Performance Indicators ◽  
Management Practice ◽  
Key Performance Indicators ◽  
Financial Indicators ◽  
Key Factors ◽  
Competitive Position ◽  
Qualitative And Quantitative ◽  
Modern Economic ◽  
System Of Parameters ◽  
Economic Tools

Topicality. Enterprises must inculcate modern economic tools in the management practice to provide efficiency of their work. The universal set of parameters that can be used equally well for all kinds of activity without the exception is absent. The complexity of forming financial results of a crewing company activity and necessity of taking into account the specific features of its functioning require to research the key parameters of effectiveness concerning specifically crewing activity. Aim and tasks. Identification of performance indicators (qualitative and quantitative) of the company, which will cover all aspects of the crewing company activity without any exceptions, taking into consideration the specifics of their activities and the peculiarities of formation of incomes and expenses for various types of crewing. Research results. Most companies use traditional techniques to assess the competitive position on the market. Besides today, more and more attention is paid to valuing the company. In our view, to assess the work of a crewing company, it is necessary to focus on the so-called key performance indicators (KPIs). They are an element of a balanced system of parameters, which should have a set of indicators that can clearly identify the company's goals and the extent to which they are achieved. In particular, it is necessary to use both financial and non-financial indicators, to determine quantitative and qualitative KPIs, as well as perspective and actual indicators. A list of KPIs must be developed for each employee of a crewing company. Their number should not exceed 5-7 indicators. They all should be simple, understandable, clear and achievable. All KPIs should be known to all employees in order to ensure proper transparency, stimulate competition and motivate employees to develop. Conclusion. Today, more emphasis is placed on traditional quantitative financial indicators that reflect the results achieved. In turn, promising indicators as KPIs provide a benchmark for company employees to the place of application of effort and reflect key improvements in the work of the crewing company. Therefore, it is necessary to make efforts and develop promising KPIs in order to determine what factors and how they affect the actual KPIs. This will help identify the specific services and processes that are key factors to the success of the company.

Secular stagnation in the modern world

2018 ◽  
pp. 125-141 ◽  
Author(s):  
S. M. Drobyshevsky ◽  
P. V. Trunin ◽  
A. V. Bozhechkova
Keyword(s):  
Public Debt ◽  
Capital Accumulation ◽  
Technological Development ◽  
Japanese Economy ◽  
Modern World ◽  
Key Factors ◽  
Destruction Process ◽  
Secular Stagnation ◽  
The Impact

The paper studies the factors of secular stagnation. Key factors of long-term slowdown in economic growth include the slowdown of technological development, aging population, human capital accumulation limits, high public debt, creative destruction process violation etc. The authors analyze key theoretical aspects of long-term stagnation and study the impact of these factors on Japanies economy. The authors conclude that most of the factors have significant influence on the Japanese economy for recent decades, but they cannot explain all dynamics. For Russia, on the contrary, we do not see any grounds for considering the decline in the economy since 2013 as an episode of secular stagnation.

Strategic planning in grassland farming: Principles andapplications

1997 ◽  
pp. 191-197
Author(s):  
W.J. Parker ◽  
N.M. Shadbolt ◽  
D.I. Gray
Keyword(s):  
Strategic Planning ◽  
Performance Indicators ◽  
Cost Effective ◽  
Key Performance Indicators ◽  
Strategic Plans ◽  
Effective Manner ◽  
Farm Business ◽  
Pastoral Farming ◽  
Financial Environment

Three levels of planning can be distinguished in grassland farming: strategic, tactical and operational. The purpose of strategic planning is to achieve a sustainable long-term fit of the farm business with its physical, social and financial environment. In pastoral farming, this essentially means developing plans that maximise and best match pasture growth with animal demand, while generating sufficient income to maintain or enhance farm resources and improvements, and attain personal and financial goals. Strategic plans relate to the whole farm business and are focused on the means to achieve future needs. They should be routinely (at least annually) reviewed and monitored for effectiveness through key performance indicators (e.g., Economic Farm Surplus) that enable progress toward goals to be measured in a timely and cost-effective manner. Failure to link strategy with control is likely to result in unfulfilled plans. Keywords: management, performance

Electronic document management in chain companies of the FMCG-segment

2019 ◽  
pp. 46-51
Author(s):  
O. V. Voronova ◽  
V. A. Khareva
Keyword(s):  
Business Processes ◽  
Electronic Data Interchange ◽  
Retail Trade ◽  
Document Management ◽  
Electronic Document ◽  
Electronic Data ◽  
Document Management System ◽  
Electronic Document Management ◽  
Data Interchange ◽  
Chain Retail

This article considers the features of electronic document management at retail trade enterprises of the FMCG-segment. The paper observes the types of document flow at chain companies and examines the process of implementation of electronic document management system. The notions of “electronic document management” and “electronic data interchange” are also distinguished in the article.The paper explores positive changes caused by the introduction of electronic document management and the complexity of its implementation. The study reveals that in the Russian Federation the process of mass introduction of electronic document management in the chain retail companies of the FMCG segment has been ongoing for about ten years, though has reached the highest level of its activity in the last two years. At present day, the major part of chain retail companies in the FMCG-segment has already started to actively work with the Electronic Data Interchange system. Moreover, in recent years the number of partner-enterprises that join this system has been steadily increasing.The results of the study show that introduction of electronic document management in chain companies of the FMCG-segment allows to reduce the time spent for processing documents and to track all stages of the core business processes more effectively. It also ensures information security, improves staff discipline and the quality of service, which in its turn significantly improves management efficiency of the company in general.

INFORMATION SUPPORT FOR MAKING MANAGEMENT DECISIONS IN THE FIELD OF PREVENTION OF EYE DISEASES AT STUDENTS BASED ON MULTI-VARIANT SIMULATION AND FORECASTING

2020 ◽  
pp. 147-153
Author(s):  
Юлия Владимировна Татаркова ◽  
Татьяна Николаевна Петрова ◽  
Олег Валериевич Судаков ◽  
Александр Юрьевич Гончаров ◽  
Ольга Николаевна Крюкова
Keyword(s):  
Preventive Measures ◽  
Influential Factors ◽  
Eye Diseases ◽  
Information Support ◽  
Factor Space ◽  
Factors Affecting ◽  
Eye Fatigue ◽  
Modeling And Forecasting ◽  
Medical Examinations

В настоящей статье представлен обзор основных решений, доступных сегодня для формирования как краткосрочных, так и долгосрочных проекций заболеваемости болезней глаза и его придаточного аппарата в студенческой среде. С другой стороны, существует ряд проблем, связанных с многообразием факторов, влияющих на заболеваемость, статистической необоснованностью и противоречивостью имеющихся результатов анализа данных. Представлены результаты математического моделирования зависимости показателя заболеваемости от наиболее влиятельных факторов образовательной и социальной среды. Перечислены важнейшие направления разработки математических моделей распространения заболеваемости. С помощью разработанного программного комплекса проведена серия вычислительных экспериментов по оценке и прогнозированию заболеваемости обучающихся в вузах разного профиля. Показана эффективность применения методики многовариантного моделирования и прогнозирования, указаны их ограничения и возможности практического применения. По расположению обобщенной области благоприятного прогноза в факторном пространстве можно определить время воздействия неблагоприятных для зрения факторов, которое должно составлять не более 10 ... 11 часов в сутки, количество профилактических мероприятий должно составлять не менее 3 ... 4. При этом риск развития миопии составит не более 0,4, вероятность усталости глаз за компьютером составит не более 0,4, вероятность дискомфорта глаз на занятиях составит не более 0,15. Исходя из характера прогноза, определяется длительность диспансерного наблюдения, а также потребность профилактических мероприятий по устранению или ослаблению действия неблагоприятно влияющих социально-гигиенических и медико-биологических факторов конкретного больного. Использование прогностической матрицы в практическом здравоохранении позволяет существенно улучшить работу по профилактике офтальмологической заболеваемости и является одним из эффективных мероприятий диспансеризации студенческой молодежи, так как дает возможность выделить из числа обучающихся группу с высоким риском неблагоприятного исхода заболевания This article provides an overview of the main solutions available today for the formation of both short-term and long-term projections of the incidence of eye diseases and its adnexa in the student environment. On the other hand, there are a number of problems associated with a variety of factors affecting the incidence, statistical unreasonability and inconsistency of the available data analysis results. The results of mathematical modeling of the dependence of the incidence rate on the most influential factors of the educational and social environment are presented. The most important areas of developing mathematical models for the spread of morbidity are listed. With the help of the developed software package, a series of computational experiments was carried out to assess and predict the incidence of students in universities of various profiles. The effectiveness of the application of multivariate modeling and forecasting methods is shown, their limitations and practical application possibilities are indicated. By the location of the generalized region of favorable prognosis in the factor space, it is possible to determine the exposure time of factors unfavorable for vision, which should be no more than 10 ... 11 hours a day, the number of preventive measures should be at least 3 ... 4. At the same time, the risk of development myopia will be no more than 0.4, the probability of eye fatigue at the computer will be no more than 0.4, the likelihood of eye discomfort in the classroom will be no more than 0.15. Based on the nature of the forecast, the duration of the follow-up observation is determined, as well as the need for preventive measures to eliminate or weaken the action of adverse social, hygienic and biomedical factors of a particular patient. The use of the prognostic matrix in practical health care can significantly improve the work on the prevention of ophthalmic morbidity and is one of the effective medical examinations for students, since it makes it possible to distinguish among the students a group with a high risk of an unfavorable outcome of the disease

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