Economic effect from digital integration: The case of a mechanical engineering enterprise

Production digitalisation is a significant factor in the development of mechanical engineering that triggers countries and regions’ economic growth. Implementing digital integration at industrial enterprises implies that production operations are linked through a corporate information system. The pa...

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Main Author: Andrey S. Vaulin
Format: Article
Language:Russian
Published: Ural State University of Economics 2023-10-01
Series:Journal of New Economy
Subjects:
Online Access:https://jne.usue.ru/images/download/100/7a.pdf
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author Andrey S. Vaulin
author_facet Andrey S. Vaulin
author_sort Andrey S. Vaulin
collection DOAJ
description Production digitalisation is a significant factor in the development of mechanical engineering that triggers countries and regions’ economic growth. Implementing digital integration at industrial enterprises implies that production operations are linked through a corporate information system. The paper aims to develop and test a method for assessing the economic effect from digital integration at mechanical engineering enterprises. Methodologically, the study rests on the theories of production organisation and integration as well as the main postulates of the concept of industrial digitalisation. The study applies methods of econometric modelling. The evidence base is the information about the activities of one of the Ural macroregion’s largest mechanical engineering enterprise – Production Association “Ural Optical and Mechanical Plant named after E. S. Yalamov” (UOMZ). The paper systemitises ideas about the essence of the economic effect from digital integration. The case of the enterprise is used to identify the level of specific costs in this process and to forecast their changes depending on different factors using econometric modelling. The value of the findings consists in broadening the scientific and practical understanding of the economic effects brought about by industrial digitalisation.
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spelling doaj.art-e12f032e8aa24c21b6d88b0bae543aca2023-10-11T10:10:39ZrusUral State University of EconomicsJournal of New Economy2658-50812687-00022023-10-0124313615410.29141/2658-5081-2023-24-3-7 Economic effect from digital integration: The case of a mechanical engineering enterpriseAndrey S. Vaulin 0Ural State University of Economics; Ural Optical and Mechanical Plant named after E. S. Yalamov, Ekaterinburg, RussiaProduction digitalisation is a significant factor in the development of mechanical engineering that triggers countries and regions’ economic growth. Implementing digital integration at industrial enterprises implies that production operations are linked through a corporate information system. The paper aims to develop and test a method for assessing the economic effect from digital integration at mechanical engineering enterprises. Methodologically, the study rests on the theories of production organisation and integration as well as the main postulates of the concept of industrial digitalisation. The study applies methods of econometric modelling. The evidence base is the information about the activities of one of the Ural macroregion’s largest mechanical engineering enterprise – Production Association “Ural Optical and Mechanical Plant named after E. S. Yalamov” (UOMZ). The paper systemitises ideas about the essence of the economic effect from digital integration. The case of the enterprise is used to identify the level of specific costs in this process and to forecast their changes depending on different factors using econometric modelling. The value of the findings consists in broadening the scientific and practical understanding of the economic effects brought about by industrial digitalisation.https://jne.usue.ru/images/download/100/7a.pdfdigital integrationproduction digitalisationeconomic effectdigitalisation costsdigitalisation efficiencyindustrial enterprisemechanical engineering
spellingShingle Andrey S. Vaulin
Economic effect from digital integration: The case of a mechanical engineering enterprise
Journal of New Economy
digital integration
production digitalisation
economic effect
digitalisation costs
digitalisation efficiency
industrial enterprise
mechanical engineering
title Economic effect from digital integration: The case of a mechanical engineering enterprise
title_full Economic effect from digital integration: The case of a mechanical engineering enterprise
title_fullStr Economic effect from digital integration: The case of a mechanical engineering enterprise
title_full_unstemmed Economic effect from digital integration: The case of a mechanical engineering enterprise
title_short Economic effect from digital integration: The case of a mechanical engineering enterprise
title_sort economic effect from digital integration the case of a mechanical engineering enterprise
topic digital integration
production digitalisation
economic effect
digitalisation costs
digitalisation efficiency
industrial enterprise
mechanical engineering
url https://jne.usue.ru/images/download/100/7a.pdf
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