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Reengineering of production processes and its impact on the financial situation and business performance of the company

Sujová Andrea, Simanová Ľubica, Marcineková Katarína

Engineering Management in Production and Services

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2019

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Vol. 11, no. 3

106--116

EN

The current competitive environment is only favourable to those companies that can cope with changes and use them to their advantage. The innovation of business processes is required to improve financial performance. Scientific works have not yet offered an effective solution to the monitoring of the impact made by process reengineering on corporate financial results. This work presents the case of a business process reengineering in a particular company to improve its performance. The results of implemented reengineering are analysed from the point of view of the impact made on the financial situation of the company. The paper aims to demonstrate the implementation of reengineering and evaluate its impact on the financial standing of a company and its performance. The practical application of reengineering was made according to Hammer and Champy methodology, which is based on the analysis of production processes in the company, the implementation of selected reengineered production processes and the evaluation of the reengineering impact on the corporate financial situation and performance. During the evaluation, the selected indicators of financial performance, activity indicators, the indebtedness indicator, business performance indicators as a cash flow to measure financial flows and the economic value-added (indicator EVA) were calculated and analysed. Subsequent to financial analyses and based on the selected indicators, the authors concluded that the implemented reengineering of the production process increased the performance and value of the company, which had a positive impact on the company’s financial situation. The funds spent on the proper implementation of the reengineering steps were effectively used, and the reengineering process was also timed. This contribution to the body of theoretic knowledge links the implementation of reengineering and the part of the financial analysis, which is related to the preparation, implementation and reengineering results.

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Structural diagnosis of rail vehicles and method for redesign

Aristizabal M., Barbosa J. L., Betancur G. R., Castañeda L. F., Żółtowski B.

Diagnostyka

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2014

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Vol. 15, No. 3

23--31

EN

Structures of rail vehicles are designed for a useful structural life of 30 years. However, structural problems which reduce the mechanical performance of the structure might appear due to normal operation conditions and, in some cases, make it unsuitable for a safe operation. This document presents the structural diagnosis of a metro system and the method for the redesign of structural elements of rail vehicles that was derived from this diagnosis, so that the structural performance of both the element and the whole structure is improved. It is based on the European standards related with aluminium and railway applications, and considers the necessary aspects to produce a safe solution for the final design.

PL

Konstrukcje pojazdów szynowych przeznaczone są na okres eksploatacji 30 lat. Problemy użytkowania zmniejszają wydajność konstrukcji, co może pojawiać się z powodu anormalnych warunków eksploatacji i sprawia w niektórych przypadkach, że pojazd nie nadaje się do bezpiecznej eksploatacji. W tej pracy przedstawiono diagnozę strukturalną elementów systemu „metra” i sposób przebudowy elementów konstrukcyjnych pojazdów szynowych, które wynikają z diagnozy. To powoduje, że wydajność strukturalna elementu i całej konstrukcji jest lepsza. Całość postępowania jest oparta na europejskich standardach związanych z aplikacjami aluminium w kolejnictwie i wskazuje na niezbędne aspekty produkcji bezpiecznych rozwiązań dla końcowego efektu.

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Reengineering łańcucha dostaw przy wykorzystaniu modelowania referencyjnego

Ślaski P.

Logistyka

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2007

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nr 1

CD-CD

PL

Artykuł prezentuje możliwość przeprojektowania łańcucha dostaw przy wykorzystaniu modelowania referencyjnego. Opisuje, w jaki sposób integracja procesów: zaopatrzenia oraz dystrybucji wpływa na zwiększenie efektywności przepływu w łańcuchu.