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Sanyou Lianzhong Group Opens Industrial Internet of Things in Manufacturing
On the morning of July 7, 2021, witnessed by Fu Tiannian, GM of Operations of Sanyou Lianzhong Group, through the joint efforts of Chang Hongjun, director of Information Technology Department of Sanyou Lianzhong, Yang Furong, director of Supply Chain Management Department, all the supply chain management teams and all the Meiyun Zhishu development teams of software system development supplier, SRM(the abbreviation of supplier relationship management) Digital Platform Software Project of Sanyou Lianzhong Group was officially launched!
The group has invested heavily in the introduction of SRM digital platform software projects. The total construction period of the project will take about 6 months. It is expected to be officially launched in mid-to-late December 2021. The project covers all wholly-owned or holding subsidiaries of the group. After the launch of SRM Digital Software Project, the company's products, covering general power relays, magnetic latching relays, automotive relays, new energy relays, and transformers, have been integrated and controlled in a unified manner. And a unified SRM digital platform is built to realize the online procurement and improve the end-to-end collaboration capabilities. Supply chain management, including supplier life cycle, source quotation, price checking, quota formulation, procurement execution and supplier delivery coordination, is completed on the platform without the need to operate offline. At the same time, the SRM Digital Software Project can improve the relationship with upstream suppliers in the supply chain. It is a solution of management thought and software technology committed to establishing and maintaining a long-term and close partnership with suppliers.
A unified SRM platform of Sanyou Lianzhong Group has been built to support integrated management of digital supply chain, improve quality, reduce costs and increase efficiency.
❶ End-to-End Visualization
Integrate the entire procurement business process and realize system data interaction, such as ERP(Enterprise Resource Planning), WMS(Warehouse Management System), QMS(Quality Management System), MES(Manufacturing Execution System), to ensure efficient and accurate communication between internal and external personnel, reduce transactional work through automation, reduce human errors through integration, and reduce management costs through standardization.
❷ Favorable Cost Price
Concentrate on demand for bulk purchases, introduce the method of online bidding or inquiries for quotations for suppliers, and use real-time fast bidding to compare price composition details.
❸ Risk Controllable
Improve and formulate legal and compliant procurement business processes, standardize and control them through the system, set approval control for key processes, and conduct traceability inspection on business data.
❹ Efficient Supply Guarantee
Formulate reasonable access assessment requirements and performance assessment mechanisms for suppliers to ensure the quality of their products and services, and gradually improve the overall strength of suppliers.
With the deepening of global interconnection, digitalization has become a key differentiating factor for companies to maintain their competitiveness. The digital transformation of Sanyou Lianzhong Group has become the only way for current development. Digitalization can not only ensure cost reduction, improve production quality, flexibility and efficiency, and shorten response time to market demands, it will also open up new business opportunities and services.
