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Application of system dynamics for assessment of changes of the level of stock after introduction of ERP systems

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  • Lebedeva Lyudmyla M.

    (Zaporizhzhya Institute of Economics and Information Technologies)

  • Poluektova Nataliya R.

    (Zaporizhzhya Institute of Economics and Information Technologies)

Abstract

Application of information management system is an important element of ensuring business effectiveness for any modern enterprise. However, the permanent growth of the cost of such systems requires application of new approaches to assessment of influence of complex information systems upon the level of stock. The article describes a structure of the model and specifically those elements that allow assessment of reduction of delays connected with automation. It offers to assess a change of the stock level with the use of methods of system dynamics. The results are based on imitation experiments of the stock level in the production and sales system with the use of the AnyLogic software system.

Suggested Citation

  • Lebedeva Lyudmyla M. & Poluektova Nataliya R., 2013. "Application of system dynamics for assessment of changes of the level of stock after introduction of ERP systems," The Problems of Economy, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), issue 3, pages 321-329.
    • Handle: RePEc:idp:redpoe:y:2013:i:3:p:321_329
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    References listed on IDEAS

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