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Received 17.04.2024

Revised 29.08.2024

Accepted 27.09.2024

Retrieved from Iss. 116, P. 1, 2024

Pages 314 -321

  • 157 Views

Suggested citation

Khobta, M., Sukmanіuk, V., Malakhova, Yu., & Virchenko, A. (2024). DIGITALIZATION AS A TOOL FOR IMPROVING BUSINESS EFFICIENCY. Automobile Roads and Road Construction, (116.1), 314-321. https://doi.org/10.33744/0365-8171-2024-116.1-314-321

DIGITALIZATION AS A TOOL FOR IMPROVING BUSINESS EFFICIENCY

Mykhailo Khobta Victoriа Sukmanіuk Yulia Malakhova Andriy Virchenko

Abstract

The article is devoted to a comprehensive analysis of the impact of digitalization on the efficiency of small businesses in Ukraine, which is a crucial component of the country’s economy. The study identifies key challenges, such as low digital literacy among entrepreneurs, limited financial resources, insufficient access to modern technologies in regions, and increasing cybersecurity risks. At the same time, it highlights significant advantages offered by digital technologies, including cost optimization, process automation, improved customer service, and opportunities to enter new markets. The article analyzes examples of successful implementation of digital solutions by Ukrainian companies. In particular, the case of «Nova Poshta» demonstrates how automating logistics processes and integrating a mobile application helped reduce order processing time, improve service quality, and increase customer loyalty. Another example is the introduction of contactless delivery during the COVID-19 pandemic, which became a key element in adapting to new realities. The study also explores the role of e-commerce platforms and social networks, which provide small businesses with access to international markets and expand their customer base. Special attention is paid to the importance of government initiatives in supporting small businesses through digital services, training programs, and grant assistance to encourage technology adoption. The authors emphasize that the implementation of CRM systems, cloud services, and analytical tools allows businesses not only to increase productivity but also to manage resources efficiently and develop long-term customer relationships. Recommendations are proposed for small businesses on integrating digital solutions into daily operations, considering the need for staff training, developing cybersecurity strategies, and optimizing costs. The article emphasizes that digitalization is not only a tool for adapting to modern challenges but also a powerful driver of growth and innovation

Keywords:

digitalization, small business, digital technologies, business processes, automation, competitiveness, economic resilience, statistical analysis

References

  1. National Institute for Strategic Studies. (n.d.). Official report of the National Institute for Strategic Studies analyzing the impact of digitalization on business efficiency and economic resilience under wartime conditions. Retrieved from https://niss.gov.ua.
  2. Ministry of Digital Transformation of Ukraine. (n.d.). Summary of key achievements in the digitalization of regions, including the implementation of new technologies and institutional capacity building. Retrieved from https://thedigital.gov.ua.
  3. Nova Poshta. (n.d.). Detailed analysis of automation of logistics processes, including the use of innovative technologies for parcel sorting and service improvement. Retrieved from https://novaposhta.ua/news/rubric/2/id/11565.
  4. Nova Poshta. (n.d.). Summary of the implementation of new technologies such as Bluetooth devices for tare tracking, and the company's digitalization strategy. Retrieved from https://speka.media.
  5. ITC.ua. (n.d.). Overview of the company's record growth: over 400 million shipments delivered, revenue increased by 63%, and network of branches expanded by 20%. Retrieved from https://itc.ua.
  6. Forbes Ukraine. (n.d.). Increasing company profitability based on the implementation of digital solutions and expansion into new markets. Retrieved from https://forbes.ua.
  7. dev.ua. (n.d.). Blog dedicated to the impact of digitalization on the logistics industry, including automation and supply chain optimization. Retrieved from https://dev.ua.
  8. NV English. (n.d.). English-language report on the company's financial and operational successes, as well as prospects for expansion into Europe. Retrieved from https://english.nv.ua.
  9. Forbes Ukraine. (n.d.). How the company plans to scale its business in EU countries by investing in new logistics centers and automation. Retrieved from https://forbes.ua.
  10. Vector Media. (n.d.). Plans of “Nova Poshta” for network development and innovative services. Retrieved from https://vctr.media/ua/.
  11. Forbes Ukraine. (n.d.). Strategy for innovative development of the company, including new services and technologies. Retrieved from https://forbes.ua.
  12. Nova Post. (n.d.). Key operational and financial achievements demonstrating the success of digitalization. Retrieved from https://novapost.com.
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https://doi.org/10.33744/0365-8171-2024-116.1-314-321

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