IDEAS home Printed from https://ideas.repec.org/a/ach/journl/y2017id592.html
   My bibliography  Save this article

Efficiency of the enterprise on the basis of improving the quality of products by example: JSC «EVRAZ ZSMK»

Author

Listed:
  • E. A. Astakhov
  • N. I. Novikov

Abstract

In article the efficiency of work of the enterprise on the basis of improvement of quality of production is considered. The results of the production and economic activities of JSC EVRAZ ZSMK are analyzed, and the effect of product quality changes at the research site is analyzed. In the materials of the study, the authors argue that the importance of improving the quality of products in the current economic conditions, because faced with fierce competition not only in the external, but also in the domestic market, enterprises are forced to look for new ways and approaches to improving quality, as well as new forms of work on quality. The authors presented the results of EVRAZ ZSMK activity on improving the quality of products, and the main objectives of the work on the quality of industrial enterprises are presented: customer satisfaction; compliance with clearly defined needs and purpose; obtaining economic benefits for the manufacturer; compliance with applicable standards and technical conditions, taking into account environmental requirements; maintaining a competitive price. The article identifies the factors that need to be taken into account to improve the economic efficiency from improving the quality of products. Particular attention is paid to the means of achieving high quality products in order to take the most successful position in the current economic conditions of the Russian economy. According to the results of the research, the authors have identified and substantiated the need to improve the quality of products, as it allows: to increase the volume of sales, hence, the size of profit; ensure the competitiveness of products; improve the image of the enterprise; reduce the risk of bankruptcy and ensure a stable financial position of the enterprise; expand sales markets. Â

Suggested Citation

  • E. A. Astakhov & N. I. Novikov, 2017. "Efficiency of the enterprise on the basis of improving the quality of products by example: JSC «EVRAZ ZSMK»," Russian Journal of Industrial Economics, MISIS, vol. 10(2).
  • Handle: RePEc:ach:journl:y:2017:id:592
    DOI: 10.17073/2072-1633-2017-2-128-132
    as

    Download full text from publisher

    File URL: https://ecoprom.misis.ru/jour/article/viewFile/592/551
    Download Restriction: no

    File URL: https://libkey.io/10.17073/2072-1633-2017-2-128-132?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ach:journl:y:2017:id:592. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Главный контакт редакции (email available below). General contact details of provider: http://misis.ru .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.