IMPLEMENTATION OF INTEGRATED REENGINEERING SYSTEMS IN BIO-ENTERPRISES IN THE PANDEMIC CONDITIONS

Abstract

The impact of COVID-19 on business is reflected in declining sales, profits, and employment. One of the most effective tools of crisis management is reengineering, which allows for innovation and flexibility, and adaptability. Integrated reengineering systems allow the bio-enterprises to effectively organize the operation of business procedures, as well as to ensure transparent processing of financial data and to manage production processes, orders, payments, and all activities in the enterprise. Integrated reengineering systems allow managers to share integrated information about the company so that they can make better decisions based on more complete and accurate company information. The main purpose of the report is to present the results of a study in which the main focus is on the ability of Bulgarian bioenterprises to apply reengineering as a tool of crisis management and the main barriers to implementing integrated systems. Recommendations for their optimal overcoming are proposed.

Keywords

• the impact of covid-19
• erp-reengineering systems
• reengineering barriers
• bio economy