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Yonyou YonBIP Procurement Cloud Helps Xiamen Tungsten Industry Transform to Strategic Procurement


Release time:

2021-09-15

When it comes to rare earth mining, people will definitely think of Northern Rare Earth and Minmetals Rare Earth. In fact, in Xiamen, Fujian, there is also a hidden leader in the rare metal tungsten and molybdenum industry, which is Xiamen Tungsten Industry.

When it comes to rare earth mining, people will definitely think of Northern Rare Earth and Minmetals Rare Earth. In fact, in Xiamen, Fujian, there is also a hidden leader in the rare metal tungsten and molybdenum industry, which is Xiamen Tungsten Industry.
As one of the largest tungsten smelting products processing enterprises in the world, Xiamen Tungsten Industry has a complete industrial chain from rare earth mining, smelting and separation to deep processing products. Have a prominent competitive advantage.
In addition to tungsten, molybdenum and rare earth industries, as a state-owned listed company in Fujian Province and the first batch of innovative enterprises in the country, Xiamen Tungsten Industry has also cultivated new energy industries in the course of more than 30 years of development, becoming a veritable diversified company. development group.
During the "14th Five-Year Plan" period, in order to promote the reform of state-owned enterprises at a deeper level and with greater strength, Xiamen Tungsten Industry has written a new song of gorgeous transformation of traditional procurement business with digitalization and intelligence as the starting point and high-quality development of the enterprise as the goal. chapter.
So, why did they start with the digitization of procurement, and how did they do it?
Starting with the procurement business, driving the digital and intelligent transformation of the group
In 2018, the international and domestic situation was complex and changeable, the Sino-US trade friction continued to heat up, the external environment of the company was severe, and the internal operation became more difficult. In this context, to improve efficiency, we should not only rely on sales, but also know how to ask for efficiency from management.
Practicing internal skills and tapping potentials, each company has a different focus. You must know that non-ferrous metals are an important basic material supporting the development of high-tech. Its industry chain is relatively closed and competition is not sufficient, which leads to the lack of openness and transparency of corporate procurement business, poor coordination of procurement management, and sometimes black-box operations.
In order to avoid these problems, Xiamen Tungsten has deployed a simple sunshine procurement platform very early, but the actual application effect is not ideal, and procurement management problems still occur frequently. When the time comes, managers decide to change.
In February 2019, Xiamen Tungsten Industry's procurement digital project was approved. After demand research, they plan to move the procurement business from offline to online, and realize supplier sourcing, price inquiry and price comparison, contract conclusion, order management, and supplier management on a unified digital platform.
At the same time, at the key point of the company's five-year plan, Xiamen Tungsten Industry plans to transform from traditional procurement to strategic procurement. By building an integrated platform that supports strategic procurement needs, while efficiently handling procurement business, it improves the integration and optimization of resources in the entire supply chain, and drives the comprehensive digital and intelligent transformation of enterprises.


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