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

Arturs Pavlovs

ABSTRACT

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
Degree: Bachelor
Year: 2024
Work Language: Latvian
Supervisor: Mg. oec., Renāte Indrika
Faculty: Transport and Management Faculty
Study programme: Business and Management

KEYWORDS

MANUFACTURING PROCESS, TIMBER COMPANY, EFFICIENCY, PRODUCTION ANALYSIS, RESULTATIVITY