Research and improvement of the smart management methodology for the production system at MARLIN 2021, LLC in the context of foreign economic activity development

Students Name: Skybinskyi Nazar Oleksandrovych
Qualification Level: master (ESP)
Speciality: Management
Institute: Institute of Economics and Management
Mode of Study: full
Academic Year: 2022-2023 н.р.
Language of Defence: англійська
Abstract: Skybinskyi N., Zhezhukha V. (supervisor). Research and improvement of the smart management methodology for the production system at MARLIN 2021, LLC in the context of foreign economic activity development. Master’s thesis. – Lviv Polytechnic National University, Lviv, 2023. Extended abstract Companies that do not try to optimise the use of modern technological advances and intelligent solutions take a weaker position in the competition and limit their opportunities for further growth. On the other hand, an effective methodology of smart production system management in developing foreign economic activity, which optimises and integrates the company’s internal processes, makes all production activities more efficient and increases the company’s chances of dynamic growth. 10 From a business practice perspective, intelligent management of production systems is a branch of science that aims to automate the management of tasks, processes, communications, etc., within such systems; it is a system of integrated technological solutions for managing the production process (or in other words, intelligent solutions). The field of smart production system management covers the following multidisciplinary aspects: computer science, information technology and Internet technologies; databases; engineering graphics and computer engineering; management and business management; production processes and technologies and production and service management; engineering design; materials science; operation of technical systems; quality management at industrial enterprises; labour safety management; methods of artificial intelligence in production systems, etc. The object of research is MARLIN 2021 LLC. The subject of the study is the smart management methodology for the production system of MARLIN 2021 LLC in the context of the development of the foreign economic activity. The study aims to develop measures for developing the methodology of smart management of the production system of MARLIN 2021 LLC in the context of the development of foreign economic activity. The critical activity of MARLIN 2021 LLC, the subject of this qualification work, is the canning and processing of fish, shellfish and crustaceans. Due to the careful control of products at all stages of production, the company regularly receives prizes and diplomas at exhibitions and competitions. In addition, the company’s products are certified according to Ukrainian and international standards and sold wholesale and retail. The results of the analysis of the profitability indicators of MARLIN 2021 LLC showed that, despite the war, the company managed to maintain the profitability trends and improve the value of some of these indicators to some extent. However, to a certain extent, the liquidity indicators of this enterprise are deteriorating. All of them continue to decline in 2019-2022. On the other hand, the indicators of financial independence of MARLIN 2021 LLC generally have positive trends. For example, the autonomy ratio has 11 increased. On the other hand, the equity capital manoeuvrability is slightly deteriorating, despite this indicator’s overall positive absolute value. MARLIN 2021 LLC does not outsource export operations related to selling fish, shellfish, crustaceans and other similar products abroad. However, it is an importer, as it imports equipment from abroad for processing and storing products. In general, there is no so-called "leading country" within the geographical structure of the company’s imports. The commodity structure of imports of MARLIN 2021 LLC indicates that the priority in the import of technological equipment of this enterprise in 2022 was directed to fish skin washing machines. Based on the results of the work, we have identified the following problems in improving the smart management methodology for the production system of MARLIN 2021 LLC in the context of the development of foreign economic activity: 1. Unstructured directions for improving the methodology of smart management of the production system of MARLIN 2021 LLC in the context of the development of the foreign economic activity. 2. Failure to consider the successful foreign experience of improving the methodology of smart management of the production system of MARLIN 2021 LLC in the context of the development of foreign economic activity. In this paper, we have proposed measures to improve the methodology of the smart management methodology for the production system of MARLIN 2021 LLC in the context of the development of the foreign economic activity, namely: 1. Structuring the directions for improving the methodology of smart management of the production system of MARLIN 2021 LLC in the context of the development of the foreign economic activity. 2. Use of benchmarking to consider the successful foreign experience in improving the methodology of smart management of the production system of MARLIN 2021 LLC in the context of the development of the foreign economic activity. Based on the results of our work, we have established that globalisation, technological, social and cultural development, and the Fourth Industrial Revolution form a specific environment for modern business. In particular, the smart management concept poses unprecedented challenges and priorities for enterprises. If MARLIN 2021 LLC wants to ensure its success in the market, it must implement the methodology of smart management in general and smart management of the production system in particular. However, to be able to do so, it is necessary to know and understand which areas of the enterprise we should improve the methodology of such smart management. Structuring such areas is precisely the main idea of the proposed first project activity. Implementing the measure to improve the methodology of smart management of the production system of MARLIN 2021 LLC in the context of the development of foreign economic activity will involve costs of UAH 117.47 thousand. In addition, the enterprise’s total production cost will decrease by the total savings (-UAH 159.0 thousand), and the total profit will increase. As a result, we will be able to achieve the set value of return on equity (with the same amount of equity and net profit growth) of 13.41%, which was specified in the task. Keywords: production system, process, equity, foreign economic activity, methodology, smart management. References 1. Ostrovska, H.I., & Ostrovskyi, O.T. (2023). Application of intelligent information systems in the context of industrial enterprise management. Marketynh i tsyfrovi tekhnolohii, 7 (1), 69-81. 2. Pidlisna, O.A., & Kozhemiachenko, O.O. (2023). 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