ANALYSIS OF IMPLEMENTATION THE ERP-SYSTEM FOR ACHIEVING SUSTAINABLE ENTERPRISE DEVELOPMENT IN THE CONTEXT OF DIGITAL TRANSFORMATION

Keywords: digital transformation, ERP system, sustainable development, economic efficiency, technological progress

Abstract

Digital technologies are a key factor in economic growth, increasing the competitiveness of enterprises and sustainable development. The implementation of enterprise resource planning systems (ERP systems) is one of the tools of digital transformation that has greater potential than alternative approaches. This article is devoted to the analysis of the main advantages and capabilities of ERP systems, as well as their comparison with alternative ways of digital transformation, such as the improvement of existing systems. The study reveals the problems associated with the use of outdated production management systems and demonstrates that such systems are not able to provide the necessary coordination and interaction between different functional units of the enterprise, which leads to reduced production efficiency, increased costs and deteriorated competitiveness. Modern technologies, in particular ERP systems, allow overcoming these limitations. ERP systems are complex information systems that combine all the main business processes (BP) of an enterprise in a single information space. This allows to optimize processes, automate production, monitor activities in real time and increase adaptability to the market changes. The article defines the technical and strategic aspects of the transition to an ERP system and emphasizes that this is not only a technological step, but also a strategic decision to create a sustainable and competitive basis for the further business development. The authors propose to conduct a thorough analysis of the feasibility of implementing an ERP system, taking into account the specific needs and features of the enterprise, market changes and technological progress for optimal selection and successful implementation of such systems. This strategy allows the enterprise to choose the optimal version of the ERP system and successfully implement its.

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Published
2024-05-27
How to Cite
Zavrazhnyi, K., Kulyk, A., & Sokolov, M. (2024). ANALYSIS OF IMPLEMENTATION THE ERP-SYSTEM FOR ACHIEVING SUSTAINABLE ENTERPRISE DEVELOPMENT IN THE CONTEXT OF DIGITAL TRANSFORMATION . Mechanism of an Economic Regulation, (2 (104), 33-41. https://doi.org/10.32782/mer.2024.104.04
Section
ECONOMICS OF NATURAL RESOURCE MANAGEMENT AND ENVIRONMENTAL AND ECONOMIC PROBL