IMPLEMENTING ENTERPRISE RESOURCE PLANNING (ERP) SYSTEMS IN SMALL INDUSTRIAL ENTERPRISES

Today, every enterprise (from a small company to a huge corporation) strives to take a good position in the market, and for this, it is necessary to manage its production properly and rationally. In modern conditions, effective management is a valuable resource of the organization (along with financial, material, human and other resources). Consequently, the increase of efficiency of management activity becomes one of the directions of improvement of enterprise activity as a whole. The most obvious way to improve the efficiency of the labor process is its automation. This paper investigates the role of enterprise resource planning (ERP) systems in the context of small and medium enterprises (SMEs). ERP systems are enterprise-wide software packages that provide fully integrated business processes with shared data and visibility, and thereby hold the potential of greatly enhancing organizational performance and establishing competitive advantage