Improving the management of material resources of the enterprise.
Students Name: Loposhanskyi Zenovii Mykhailovych
Qualification Level: magister
Speciality: Enterprise Economics
Institute: Institute of Economics and Management
Mode of Study: part
Academic Year: 2020-2021 н.р.
Language of Defence: ukrainian
Abstract: Loposhansky Z. M., Petrushka T. O. (supervisor). Improving the management of material resources of the enterprise. Master’s thesis. - Lviv Polytechnic National University, Lviv, 2020. Production of any types of goods always demands to have certain volumes of raw materials and materials available. In particular, this requirement applies to materials that form the immediate material base of products. Of course, the manufacture of products requires the availability of other production resources, however, the materials are the source base that forms the basis of the production process. It can be argued that the production process itself is the transformation of material resources into finished products. It is also worth noting the importance of such a variety of materials as fuel, as it is a necessary condition for the functioning of fixed assets of firms. The urgency of proper organization of management of material resources of companies is due primarily to the fact that the share of material costs in the cost of a significant number of products is the largest among other components of operating costs. This applies to many countries in general, ie not only to Ukraine. However, in Ukraine the problem of very high material consumption of products is particularly acute - for some types of goods the share of material costs in their cost exceeds 50-60%. Thus, there is an urgent need to develop economic, organizational and technical measures aimed at saving raw materials [1, 2]. Among other things, this applies to the implementation of material-saving technological changes in firms [3]. It is also worth noting the fact that in many enterprises of Ukraine inventories are a significant part of the working capital of these enterprises. With this in mind, accelerating the turnover of inventories is important in the context of accelerating the turnover of the total working capital of companies. On the other hand, inventories of firms should be sufficient to ensure a continuous production process in a dynamic environment that is a necessary condition for ensuring an appropriate level of profitability of enterprises [4, 5]. The purpose of this work is to improve the process of managing the material resources of the enterprise. The object of research in the work is the company "Didal". The subject of the study is the theoretical and methodological provisions for the management of material resources of the firm. The scientific novelty of this work is to improve the method of assessing the impact of the volume and structure of inventories of enterprises on the results of their activities. The practical significance of this work lies in the possibility of implementing the results into the practice of the enterprise while performing the justification of measures to manage the materials used by it. Structurally, this work consists of an introduction, four sections divided into paragraphs, conclusions and a list of sources used. The main content of this work is presented on 74 pages. The concept of material resources and their composition are considered. The types of inventories generated at the enterprise and their characteristics are given. Peculiarities of the process of rationing of material costs and their stocks are given. Reserves and ways to improve the use of material resources at enterprises are indicated. The analysis of activity of the investigated enterprise is executed. The organization of providing this enterprise with material resources is analyzed. The assessment of the degree of use of material resources of the enterprise and the identification of the type of development of the production process by them. An assessment of the impact of the size and structure of the company’s available inventories on the results of its activities. The level of efficiency of introduction of material-saving technology at the enterprise is estimated. The value of the planned needs of the enterprise in basic materials is calculated. The optimization of the value of the current stock of material resources of the investigated enterprise is performed. The value of the required insurance stock of material resources in it is substantiated. The subsystem of information support of acceptance at the enterprise of the administrative decision on extraordinary purchase of materials is formed. Key words - enterprise, management, material resources, supply, stock, efficiency. List of used literature sources: 1. Ivanenko, O. V. (2013). Formation of resource saving potential of socio-economic systems. Economy. Finances. Law, (8), 7-10. 2. Andrusiv, U. Ya. (2017). An integrated approach to ensuring the rational use of energy resources. Business Inform, (1), 44–49. 3. Kozyk, V. V. and others. (2013). Substantiation of economic expediency of introduction of resource-saving technologies as a factor of economic development of enterprises. Scientific Bulletin of the National Mining University, 4, 134-140. 4. Kozyk, V. V. and others. (2017). Business economics: a textbook. Lviv: Prostir - M, 406 p. 5. Epifanova, I. Yu. & Gumenyuk, V. S. (2016). Profitability of the enterprise: modern approaches to defining the essence. Economy and Society, (3), 189-192.