Determinants of IT adoption in furniture manufacturing companies: a price estimation case for the Baltic region
Birutė Mikulskienė () and
Julija Moskvina ()
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Birutė Mikulskienė: Mykolas Romeris University
Julija Moskvina: Mykolas Romeris University
Journal of Revenue and Pricing Management, 2022, vol. 21, issue 4, No 5, 441 pages
Abstract The use of information technologies not only in production processes, but also in pricing, can increase the value created by companies; however, the penetration of the technologies at the company level are still insufficiently analyzed. Paper aims to reveal IT-related prerequisites for the change towards advanced price estimation process of customized products. Based on the results of a quantitative survey of Baltic furniture manufacturing companies, the extent and main applications of technology penetration and their links to price estimation practices and company performance were identified. A model of key factors of IT adoption in furniture production was developed.
Keywords: Price estimation; IT adoption; Furniture manufacturing; Baltic states (search for similar items in EconPapers)
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