DIGITAL TRANSFORMATION OF AGRICULTURAL ENTERPRISES WITH THE HELP OF ERP SYSTEMS

Abstract

The modern economy is evolving rapidly, primarily driven by novel approaches to generating, transmitting, storing, managing, and analyzing information, transforming it into a highly influential factor on companies’ efficiency. Digital technologies stand as one of the most potent forces driving the global economy, revolutionizing the societal development paradigm. They diminish economic growth’s dependency on a country’s natural resources, workforce size, capital, and other extensive factors characterized by high entropy, i.e., chaotic dispersion.
Digital technologies are significantly impacting the development of agricultural enterprises. In today’s fast-changing world, the adoption of digital tools is not just a necessity but a key factor for success. Agricultural enterprises that adeptly deploy these technologies can enhance their production processes, increase yields and product quality, and manage resources more effectively.
Digital solutions enable agricultural enterprises to more effectively interact with the market, leveraging analytics to predict demand and manage supply chains. They foster the creation of innovative business models, such as agro-tourism development or the implementation of agro-ecological production principles.
Enterprise Resource Planning (ERP) systems allow agricultural enterprises to streamline operations, ensuring efficient resource use, timely stock replenishment, and cost control. Automating many routine tasks that previously required significant effort and time, these systems free up human resources for more critical tasks.
ERP systems aid in managing the complexity of agricultural operations by consolidating all business aspects into one system. This enhances coordination between departments, ensures data accuracy, and minimizes the risk of errors.
The paramount advantage of ERP systems lies in providing a comprehensive and integrated platform for strategic decision-making, allowing management to analyze real-time data and make informed decisions swiftly. This contributes to the enhanced efficiency and competitiveness of the enterprise.
In summary, the adoption of digital technologies, like ERP systems, profoundly influences agricultural enterprises. These technologies optimize production processes, improve resource management, elevate product quality, and bolster resilience to external challenges. Digital tools empower agricultural enterprises to remain competitive, adaptive, and sustain growth in the contemporary economic landscape.