Open AccessIMPACT OF INNOVATIONS ON THE SAVING OF THE PRODUCTION COMPANY'S WORKING TIME FUND
Author(s) -
Alexander Tokarčík,
Henrieta Pavolová,
Tomáš Bakalár,
Lucia Bednárová
Publication year - 2021
Publication title -
modern management review
Language(s) - English
Resource type - Journals
eISSN - 2353-0758
pISSN - 2300-6366
DOI - 10.7862/rz.2021.mmr.29
Subject(s) - production (economics) , productivity , quality (philosophy) , process (computing) , consumption (sociology) , computer science , business , field (mathematics) , manufacturing engineering , environmental economics , industrial organization , engineering , economics , microeconomics , mathematics , pure mathematics , macroeconomics , operating system , social science , philosophy , epistemology , sociology
The article deals with innovation management in the conditions of a manufacturing company whose aim is to reduce the working time fund that directly determines productivity or efficiency of the company in competitive market conditions. Based on explicit quantification of time frames based on an analytical – chronometric method applicable to production operations in the process. The results of observation, time measurement, research and evaluation of time consumption during the implementation of a repeated production operation, or its complex part within defined production site are presented. Based on explicitly performed quantitative analysis, introducing of innovative technology, innovative solutions in the field of production technology management that support sustainable development with an emphasis on the development of environmental quality are presented including an explicit quantification of working time fund savings through the implementation of innovative machinery and equipment in critical production operations of the analysed production process.