Analysis of economic efficiency of the electronic procurement system application at an industrial enterprise
- Details
- Category: Economy and management
- Last Updated on 23 September 2014
- Published on 23 September 2014
- Hits: 5354
Authors:
N.S. Medzhybovska, Dr. Sci. (Econ.), Associate Professor, Odessa National Economic University, Professor, Odessa, Ukraine
Abstract:
Purpose. To develop the arguments for the electronic procurement systems implementation at industrial enterprises. To prove the dependence of electronic procurement systems implementation results from the level of profit of an industrial enterprise. To find the perspective directions for development of electronic procurement systems in Ukraine.
Methods. For this purpose we used the cross-correlation-regressive analysis method. To study the influence of information systems on industrial enterprise activity, namely, estimation of methods of Internet connection, we used the expert estimations and analysis method.
Findings. We have proved the economic efficiency of the electronic procurement system implementation at industrial enterprises and the dependence of its results on the level of enterprise profit.
Originality. To prove the dependence of electronic procurement system implementation results from the level of industrial enterprise profits a new complex of indices was used. This complex includes the level of automation and level of technical equipment of the industrial enterprise. The economic efficiency is calculated on the basis of influence of the electronic procurement systems on the enterprise profit margin. It intends reduction of expenses and revenue increase due to operating savings and funds release because of inventory decreasing.
Practical value. We have found the strategic directions for the electronic procurement systems development in Ukraine. Large enterprises which have a wide network of business partners should become the initiators of electronic procurement systems implementation in Ukraine. The role of facilitator of electronic procurement systems implementation can be undertaken by the government bodies.
References:
1. Bekker, Y., Vilkov, L. and Taratoukhine, V. (2010), The Process Management, Eksmo, Moscow, Russia.
Менеджмент процессов / [Беккер Й., Вилков Л., Таратухин В. и др.]. – М. : „Эксмо“, 2010. – 384 с.
2. Norton, D. and Kaplan, R. (1996), The Balanced Scorecard: Translating Strategy into Action, Harvard Business Press, рp. 336
3. Van Grembergen, W. and Van Bruggen, R. (1997), “Measuring and improving corporate information technology through the balanced scorecard technique”. Proceedings of the 4th European Conference on the Evaluation of Information Technology, Deflt, October, pp. 163–171.
4. Neef, D. (2001), E-Procurement: From Strategy to Implementation, Upper Saddle River, Prentice-Hall, рp. 207
2014_4_medzhybovska | |
2014-09-17 93.62 KB 1299 |
Newer news items:
- Prospective of e-learning toolkit enhanced by ict development - 23/09/2014 13:59
- Study of social media implementation for transfer of knowledge within educational milieu - 23/09/2014 13:54
- Evaluation of the factors affecting the knowledge appliance process efficiency - 23/09/2014 13:40
- Posterior modeling of operational losses - 23/09/2014 13:35
- Improving the accuracy of prediction of foreign exchange rates on the internet market by means of neural networks - 23/09/2014 13:31
- Decision support methods in balanced ScoreCard - 23/09/2014 13:27
- Information society as an environment for creating new knowledge - 23/09/2014 13:22
- Classification and ranking of corporate websites of industrial enterprises - 23/09/2014 13:15
- Social networksin marketing communication – case of Lithuania - 23/09/2014 13:10
- System risk management methods, models and their implementation in telecommunications - 23/09/2014 13:02