Forming a Mechanism for Effective Functioning of Industrial Enterprises Based on the Best Available Technologies Implementation

The desire to embark on the path of innovative development of the domestic economy necessitates the formation of a mechanism for the effective functioning of industrial enterprises as the foundation of the country's economy. However, the conditions in which modern enterprises operate are not always favorable. The main challenge is the wear and tear of technical and technological equipment, as this factor has a significant impact on all aspects of an enterprise's functioning. The current need for modernization of production, specifically the transition to the best available technologies (BAT), is a crucial step for domestic industrial enterprises. Another problem is the virtually impossible acquisition of foreign technologies and resources due to sanctions restrictions. The author's hypothesis on the possibility of implementing the effective functioning of industrial enterprises has been developed based on the use of a set of the best available technologies, which are based on technological benchmarking as a universal tool for obtaining the best results for an enterprise using the best known practices. The proposed approach to assessing the effective functioning of industrial enterprises takes into account both the achievement of rational production, technological, economic, social, environmental, and innovative components, as well as the requirement for their comprehensive implementation. The assessment of the effective functioning of industrial enterprises is based on the model for calculating the final integral index of effective functioning, which takes into account the set of composite indices for individual aspects of the enterprise's activities. The use of technological benchmarking in the process of implementing the best available technologies allows avoiding the trial-and-error method of technology selection. At the same time, technological benchmarking, as a tool for selecting the best available technologies, should be integrated into the process of an enterprise's effective functioning. The methodological approach presented in the article is illustrated using the database of a number of real industrial enterprises and has demonstrated its practical applicability. The presented approach is largely universal, taking into account the specific boundary conditions of enterprises' activities in terms of the importance of their production, technological, economic, social, environmental, and innovative components.