Improving the efficiency of fixed assets of the company

Abstract

During the era of production’s global automation the fixed assets as a part of all enterprise’s assets are the most important ones. They pay off at length that’s why to get profit constantly, it is necessary to increase fixed assets’ utilization efficiency. Having analyzed movement, makeup and structure of fixed assets, the enterprise management is getting an opportunity to reveal ways and reserves of fixed assets’ utilization efficiency increase, to find and correct in time the negative deviations which can entail further serious consequences for enterprise’s successful activity. Any complex of actions aimed on improvement of use of capacities and fixed assets has to provide the productivity progress, first of all at the expense of intra-entity reserves’ effective use, full utilization of machines and equipment, reduction of remobilized capacities’ assimilation terms.