Siji Zhongke’s SAP ERP System Goes Live Officially
2018-03-14
In October 2016, Siji Zhongke’s ERP Project was officially launched, marking a milestone on the company’s journey toward enterprise standardization, normalization and digitalization. After 15 months of intensive efforts, data migration was completed on January 12, 2018, and the system went into official operation!
ERP is the abbreviation for Enterprise Resource Planning. It integrates an enterprise’s information flow, material flow and capital flow by means of information technology, and consolidates a series of business processes including market development, financial management, supply chain management and product delivery onto a single information management platform. This achieves standardized information data, integrated system operation, optimized business processes and continuous management improvement. According to APICS – the Association for Operations Management (formerly known as the American Production and Inventory Control Society), “after implementing an ERP system, enterprises can reduce inventory by 30%–50%, cut late deliveries by 80%, shorten procurement lead times by 50%, lower production downtime due to material shortages by 60%, decrease manufacturing costs by 12%, improve management standards, and boost production capacity by 10%–15%”. The SAP ERP system that Siji Zhongke invested heavily in introducing in October 2016 is a pioneer in ERP solutions and the world’s top-ranked ERP software.
SAP is short for System Applications and Products, which is also the name of the enterprise management solution software developed by SAP SE. Founded in 1972, the company is now the world’s largest provider of enterprise management and collaborative e-commerce solutions, as well as the world’s third-largest independent software vendor. Its clientele includes 80% of the Fortune 500 companies such as Siemens, Philips Lighting and IBM, along with 232,000 customers across 188 countries worldwide.
Leveraging the robust computing power of the SAP ERP system, the company can enhance production flexibility and improve order acceptance capability. The system’s information integration capability helps boost the company’s response speed, reduce errors and save labor costs. It can identify various abnormal situations and provide relevant data to facilitate problem-solving. In addition, it enables real-time tracking of the enterprise’s operational efficiency, financial structure and profitability, supporting targeted analysis of all abnormal areas.
As an old saying goes, “Sharpen your tools before embarking on a task”. With the support of SAP ERP, Siji Zhongke is poised to continuously upgrade its management standards, increase response speed and enhance flexibility, and leverage information technology to deliver better products and services to its valued customers.