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Increasing the productivity efficiency of the company using the example of as Latvijas Finieris plant Lignums

The bachelor thesis studies the increase of production efficiency at JSC "Latvijas Finieris" factory Lignums, using theoretical approaches and practical solutions. The aim of the thesis is to find out how efficiency improvement can change the structure of the company and improve its competitiveness.The bachelor thesis consists of an introduction and three chapters. The first chapter provides a theoretical investigation of improving production efficiency using different theories and methods. The second chapter describes the operation of the Lignums factory, including its history, structure and current situation. Chapter 3 provides a detailed study and analysis of the production process using in-house programmes and the results of an employee survey. The paper uses a variety of research methods: descriptive analysis, expert interviews, loss optimization techniques, financial analysis and sociological surveys.The conclusions are based on the data and theoretical reviews and provide suggestions for improving production efficiency. The study offers practical solutions to help improve the company's performance and increase its competitiveness in the domestic and international markets.

Author: Arturs Pavlovs

Supervisor: Renāte Indrika

Degree: Bachelor

Year: 2024

Work Language: Latvian

Study programme: Business and Management

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Increasing the efficiency of the company as a result of the organization of optimal procurement procedures

The purpose of the study is to explore and analyse the organisations procurement procedures, their efficiency and the possibilities for increasing it in the company “MKStar”.To achieve the purpose of the Bachelor's work, the author set out the following tasks: 1) Explore theoretical aspects of procurement procedures for improving efficiency. 2) Analyse the market trends of a particular sector. 3) To examine the subject company and its procurement procedures. 4) To perform an analysis of procurement procedures of the company. 5) To draw conclusions and proposals on increasing the efficiency of the company based on the results of the study.The study used these data collection methods: document analysis, semi-structured expert interviews and secondary data analysis.In the work, the author used purchasing analysis methods such as: ''Inventory Turnover'', ''Lean'' and the ''Kralyk Matrix''.The main results of the work relate to joint cooperation between the supplier of raw materials. One way to optimize collaboration is to integrate supplier and buyer purchasing software. One of the problems identified in the work is the fragmentation of suppliers warehouses, which consequently affects the availability of raw materials.

Author: Rūdolfs Klāvs Baķis

Supervisor: Renāte Indrika

Degree: Professional Bachelor

Year: 2024

Work Language: Latvian

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