ASSETS MANAGEMENT OF MANUFACTURING ENTERPRISES

Abstract

The article reflects the key aspects of asset management of manufacturing enterprises, taking into account the peculiarities of the modem economic environment. The purpose of this research is to study the theoretical aspects of asset management of manufacturing enterprises, with the aim of identifying key tasks, directions and stages of its practical implementation. As a result of processing some literature, it was determined that the assets of a manufacturing enterprise are the totality of all property that is in financial, material or intangible forms on the balance sheet of the enterprise and is used by it to obtain profit in the current or future periods. The positive and negative characteristics of assets in terms of current and non-current assets are systematized and singled out, which allows flexible development of management decisions, while reducing the risks in the company's activities caused by their use. The article reflects the main tasks of asset management of production enterprises, the achievement of which will ensure the success of management activities. Also the principles of asset management are reflected, with the help of which manufacturing enterprises will be able to quickly adapt to the new conditions of the external economic environment. Summarizing the theoretical principles of asset management of production enterprises, the stages by which the management process should takeplace are schematically displayed. Taking into account the complex conditions of the external environment of the functioning of manufacturing enterprises, the main groups of influencing factors on the process of formation and use of assets are singled out, the consideration of which will make it possible to propose and implement management solutions in a timely manner. It was determined that effective management of assets will be manifested in ensuring a high level of their liquidity, cash turnover and profitability, which altogether are important characteristics of the financial condition, investment attractiveness and competitiveness of manufacturing enterprises. The results of the research can be practically used in the activities of any manufacturing enterprise in order to identify the key areas of asset management and achieve a balance between their available volumes, needs and sources of financing.