Business Challenges
Low cost-effectiveness ratio and high degree of difficulty in reconciliation
Product marketing expenses are where finance and sales converge in the company, and also where a black hole of expenses easily forms. Food companies hope to form effective loop management in budgeting, execution, supervision and analysis of sales expenses. Relying on manual accounting can easily lead to execution inefficiency and lack of effective supervision.
Wrong orders, missing orders, delayed orders — low efficiency of supply-production-sales collaboration
Wrong orders, missing orders and delayed orders are rather common in business processes in the real world, so it is difficult to guarantee the timeliness and accuracy of orders, which further impacts stocking and order fulfilment in the back-end. Food companies have trouble effectively coordinating supply, production and sales, resulting in unnecessary waste, the occurrence of understocking and overstocking at the same time, and low inventory turnover.
Lack of support from a food safety supervision system
Diverse market demands have been shortening product life cycles. In order to minimise product damage and sales risks, how to build an effective and traceable quality and safety supervision system, from raw material procurement to production batches, distribution channels and finally consumers, has become the core concern of every food company.
Difficulty in managing multi-regional operations under rapid growth
Numerous food companies, restricted by food expiry dates, secure the end market through multi-regional operations. However, subsequent problems such as production-sales coordination, cross-organisation coordination, business differentiation and financial group management pose new challenges to business operations.
Digitalisation solutions for the food industry
Offer each role a multi-channel access portal, through an integrated operation platform, to support processes from decision making to business execution. Help food companies build an enterprise management platform that integrates production with marketing, sales with finance, and management with control, in order to support the rapid replication and expansion of food companies’ business models.
A unified portal
Connect users, partners and suppliers speedily through a portal. Through management serviceability, business mobility, data analysis and decision-making intelligence, continually enhance cost efficiency in the supply, production and sales aspects of a company and thereby shape the core competence of a food company.
A unified financial centre
Sharing unified financial accounts implements the financial accounts required by legal entities, as well as effective collaboration among various operating organisations, so that the objectives of the conglomerate's managerial platform can be achieved through multi-organisation settlement price lists and the operational accounting platforms.
A unified business centre
Supports the flexible business structure of the food industry and smoothens task division and collaboration in respect of procurement, sales and production between headquarters and subsidiaries. Share unified master data and a unified operating platform by sharing a unified data centre.
Advantages
Transparent cost and high capital efficiency
Supports customers to manage their capital pool, innovate cost discounting, reduce the possession of capital, and make channel benefits transparent. Also provides loop management of budgeting, execution, accounting, reconciliation and analysis, to reduce cost black holes and enhance capital turnover.
Integrate research, production and sales; link the upstream and the downstream; and achieve efficient collaboration
Effectively allocates resources and enhances the value chain efficiency of food companies through integration of PLM + ERP + MES. Also links the upstream and downstream to create a supply synergy and efficient collaboration through distribution, e-commerce, retail management platforms, supplier collaboration platforms, etc.
Comprehensive quality and safety tracing system
Batch management, expiry date management and the warning platform allow companies to predict inventory expiration risks, effectively minimise inventory loss, maximise inventory turnover, utilise QR code technology, keep track of the flow and speed of each channel and end point, and enhance the efficiency of production-sales coordination, in order to protect consumer rights.
Unified platform and collaborative operation
Flexibly and efficiently supports multi-organisation business models. Supports centralised procurement, centralised sales, decentralised receipts of goods, decentralised settlement and other business. Supports models such as centralised plans and collaborative plans in multi-factory collaboration, helping companies to build a unified data centre and manage their flexible, unified lower-tier market platforms.
Related Solutions
