THEORETICAL FOUNDATIONS OF PRODUCTION PROCESS OPTIMIZATION IN INDUSTRIAL ENTERPRISES. ECONOMIC ESSENCE OF PRODUCTION PROCESSES
DOI:
https://doi.org/10.5281/zenodo.20284548Keywords:
Production processes, economic essence, value creation, cost formation, industrial enterprises, efficiency, competitiveness, optimization, technological modernization, innovation, labor productivity, management systems, Industry 4.0.Abstract
This article examines the theoretical foundations of production processes and their economic essence in industrial enterprises. Production processes are analyzed as a complex system of value creation and cost formation, where resources such as labor, capital, raw materials, technology, and information are transformed into finished goods and services. The study highlights that the efficiency of production processes directly influences the economic performance, profitability, and competitiveness of enterprises. Special attention is given to the main characteristics of production processes, including their complexity, multi-stage structure, and interdependence. The article also discusses the importance of a systematic approach to production management, emphasizing coordination of all stages such as raw material supply, technological processing, quality control, storage, and distribution.
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