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The article is devoted to revealing the essence of the policy of technological renewal of machine-building enterprises in the efficient functioning of the production system. The policy of technological renewal of machine-building enterprises in the effective functioning of the production system is defined as a set of its components, which contains a number of economic indicators that characterize the company's ability to develop new or improved technologies in production. It is proved that it is due to the constant introduction into production of new products, equipment and technologies, constant reduction of all types of costs, improving the quality characteristics of technologies to ensure the effective functioning of the production system. An algorithm for selecting and implementing a policy of technological renewal of machine-building enterprises in the effective functioning of the production system, which provides for the implementation of the following stages: identification of technological renewal policy goals, strategic analysis, choice of technological renewal policy, implementation of technological renewal policy, its adjustment. The requirements to be met by the process of selection and implementation of the policy of technological renewal of machine-building enterprises in the efficient functioning of the production system are determined. Strategic measures have been formed to implement the policy of technological renewal of machine-building enterprises in the effective functioning of the production system, based on the following components: production, scientific, personnel, financial, investment and marketing. The main tasks that are necessary to minimize the impact of risk in the implementation of the policy of technological renewal in the enterprise are formed. It is proved that the development of a mechanism of technological renewal at a machine-building enterprise, which will take into account the most important aspects of the enterprise, will ensure the effective functioning of the production system. Carrying out the policy of technological renewal of machine-building enterprises determines not only its efficiency, but also helps to identify both real and potential opportunities of the enterprise to take measures to enhance technological development, improve the competitive position of the enterprise and increase its revenues.

Policy of Technological Renewal of Machine-and-Food Enterprises in the Efficient Functioning of the Electronic System