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Theoretical Foundations of ERP Systems Under Digitization

Author

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  • Yanko Georgiev

    (University of Economics - Varna)

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.

Suggested Citation

  • Yanko Georgiev, 2019. "Theoretical Foundations of ERP Systems Under Digitization," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, vol. 8(2), pages 21-26, August.
    • Handle: 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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    References listed on IDEAS

    as
    1. Young B. Moon, 2007. "Enterprise Resource Planning (ERP): a review of the literature," International Journal of Management and Enterprise Development, Inderscience Enterprises Ltd, vol. 4(3), pages 235-264.
    2. Taylor, Frederick Winslow, 1911. "The Principles of Scientific Management," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number taylor1911.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Digitization; Enterprise Resource Planning; ERP; Theoretical Foundations;
    All these keywords.

    JEL classification:

    • A00 - General Economics and Teaching - - General - - - General

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