Increasing Competitiveness in the Textile Industry: A Focus on the Accounting Benefits of ERP Systems by Exploring Cases from the UK & Greece
Authors: Charamis, Dimitrios 
Publisher: Scientific Research
Issue Date: 1-Jan-2018
Journal: Theoretical Economics Letters 
Volume: 8
Issue: 5
Keywords: ERP systems, Accounting benefits, Textile industry, Case study
Abstract: 
Due to the competitive marketplace environment, production companies need to increase efficiency. ERP systems can significantly increase profitability, while decreasing operational costs. This paper is focusing on the accounting benefits of ERP systems in the production sector, and more specifically the textile industry. It also explores cross-cultural differences regarding ERP use by looking into two cases from the UK and Greece. The information gathered from the HQ and production plants influences managerial decision-making and efficiency at an organizational and operational level. However, differences in handling and acting upon the generated accounting information are noticed between the two cases.
ISSN: 1108-6513
2162-2078
DOI: 10.4236/tel.2018.85072
URI: https://uniwacris.uniwa.gr/handle/3000/1530
Type: Article
Department: Department of Accounting and Finance 
School: School of Administrative, Economics and Social Sciences 
Affiliation: University of West Attica (UNIWA) 
Appears in Collections:Articles / Άρθρα

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