The Analysis of Dependencies Between Extraction and Resource Consumption in 2008-2014 on the Example of Ostrowite Gravel Pit

Adam Wyszomirski, Bartosz Ostapko, Marcin Olkiewicz and Radosław Wolniak

European Research Studies Journal, 2021, vol. XXIV, issue Special 1 - Part 1, 311-324

Abstract: Purpose: The aim of the article is to examine dependencies between production-related indicators (extraction, processing) and indicators related to resource consumption. The analysis was made on the basis of data from the Ostrowite gravel pit for 2008-2014. Design/Methodology/Approach: The study focuses on the research of KPIs conducted in the Ostrowite Gravel Pits located in the south-western part of the Pomeranian Voivodship, in the Lipnica commune, the Bytów Poviat. We use the KPIs analysis method in the paper. Findings: The article presents research on the relationship between mining and used resources on the example of Ostrowite gravel pit. In modern industry, the method of monitoring the consumption of resources is to calculate the so-called KPIs (Key Performance Indicators) and to study the relationships between them. The presented study focuses on the research of KPIs conducted. As regards to resources, the following issues were analysed, employees' working time, time of running machines, fuel consumption and electricity consumption. It was found that in the case of fuel and energy consumption, there is no greater opportunity for improvement within the given technology, because the consumption of these resources is directly proportional to the production indicators. Practical Implications: The articlee provides recommendations for organizations in the field of counteracting this situation. Originality/Value: We have found that there is an increase in productivity in proportion to the increase in processed tonnage and production. This is due to better use of machines and human work, reducing the number of downtime and improving the work system.

Keywords: Key performance indicators; mining resources; production management; Industry 4.0. (search for similar items in EconPapers)
JEL-codes: D2 L23 M11 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xxiv:y:2021:i:special1-part1:p:311-324

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