Theoretical Foundations of ERP Systems Under Digitization

Yanko Georgiev ()
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Yanko Georgiev: University of Economics - Varna

Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, 2019, vol. 8, issue 2, 21-26

Abstract: Operating in the digitization and globalization of all major sectors and markets, today's companies face increasing competition, changing consumer needs and expectations and increasing power of suppliers while at the same time they are working with limited resources. In the constantly changing economic situation to support their development and provide their existence, the companies and their management need and handle increasing volumes of data and incoming information. Enterprise resource planning systems aim to accumulate, systemize and summarize the information received from all units and provide the relevant reference data needed for each level of planning.

Keywords: Digitization; Enterprise Resource Planning; ERP; Theoretical Foundations (search for similar items in EconPapers)
JEL-codes: A00 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:vra:journl:v:8:y:2019:i:2:p:21-26

DOI: 10.36997/IJUSV-ESS/2019.8.2.21

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