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CHINJINLI Initiates SRM Project for Empowering Digital Innovation and Upgrading

     CHNJINLI company held a digital platform project kick-off meeting in the conference room on F2 on 25th, April. The related personal of procurement system and information technology system and customer cloud professional digital management team attended the meeting. Members of each project team had in-depth exchanges on the supply chain system construction and business management optimization of SRM system in CHINJINLI in the future. The project launch meeting was held smoothly, which officially opened the new process of digital transformation and upgrading of the company's supply chain management.

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Through digital transformation, the informatization aims to improve the efficiency of resource allocation, enhance the responsiveness to customer requirements and external changes, which will serve customers better and enhance the competitiveness of enterprises.The competition among enterprises is mainly about the industry chain and supply chain. A company must rely on a team’s collaborative work by pooling the wisdom and efforts of everyone , to win in the increasingly fierce competition. At present, according to the appeal of “The Fourteenth Five-year Development Plan” , CHINJINLI  is committed to focusing on the development of modular and system solutions, which not only relies on advanced information, digital means, but also the collaborative development of supplier partners. 

Digital transformation is a technical work as well as a major management project. It is a transformation or even subversion of cogitate style. And it is a long-term complex system project. Only when we brave and persistent enough, can our company successfully transforms and realizes the vision of "building a first-class enterprise with international competitiveness". 

CHINJINLI SRM project is another important project after the launch of CRM. It not only involves CHINJINLI itself, but also its partners. It is difficult and challenging, so we need to fully understand and prepare for it. Suppliers Relationship Management (SRM) project is an important strategic goal of CHINJINLI. Through the implementation of the SRM system, it will establish and improve a normative  supplier collaboration platform for CHINJINLI. Besides, it will reduce artificial operation and set up supplier sharing platform with integration of procurement, expansion of the market, to reduce cost of company’s purchasing system. At the same time, our company will establish closer business relationship with suppliers. Through the SRM system, both sides can reduce unnecessary low-value confirmation actions, and work together to improve the product process and reduce the high cost in the early stage of the product, so as to achieve a win-win business management mode, which will help CHINJINLI to achieve the international first-class strategic goal as soon as possible.

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Since the raise of "Intelligent Manufacturing in China 2025", the manufacturing industry has started to implement digital transformation in an all-round way, and stride forward to "intelligent manufacturing" and "digital manufacturing". At present, digital and intelligent management has become an important "magic weapon" to improve the core competitiveness of enterprises. With the large-scale development of the company, CHINJINLI has higher requirements for digital and intelligent management. 

Through the building of unified purchasing platform, our company can achieve efficient supply chain procurement management and business cooperation with suppliers. It can also greatly improve the efficiency of purchasing work and realize the data precipitation to break the "information island" and each unit informatization "system barriers". Consequently, it will promote the fusion of information resources sharing and efficiency of whole group’s information, and exert the maximum value of the enterprise data assets. 

 This is an era of competition, an era of learning, and an era of change. No matter enterprises or individuals, only both sides are good at learning and innovating, can they survive and develop. What is innovation? Innovation is to exceed oneself and break the convention. As the environment changes, so does the enterprise itself. Because yesterday's success does not equal today's success. And today's comfort does not guarantee that it will always be comfortable. Every revolution brings a leap in productivity. Fortunately, looking far ahead and aiming high,the leadership of our company determine to implement informatization and introduce SRM this year.This is an admirable and encouraging move in keeping with the current trend. 

With the rapid development of emerging technologies, such as cloud computing, artificial intelligence, big data, 5G etc. The wave of digitalization has swept the world, and the digital transformation of all industries has been carried out in full swing. In the post-epidemic era, it has become an inevitable trend for enterprises to promote the speed of business innovation with the help of technology and realize digitalization and intelligence. 

What is SRM? 

SRM is an abbreviation, namely the supplier relationship management. 

Why to Implement SRM? 

ERP system is famous for its power and necessity in the manufacturing field. However, ERP cannot improve the management of the whole business process in an all-round way, and also needs complementary software systems to work together to achieve the maximum benefits. 

SRM system provides the overall solution by revolving around the supplier source, import, bidding, purchasing from suppliers, delivery and invoicing and closed loop and product life-cycle ofmanagement. The system focuses on creating cross-department collaboration, and the collaboration between purchasing resources departments and supply chain , to realize the sharing of data interaction platform to enhance communication and data quality. 

Through the construction of SRM system, supply chain management process and closed-loop supply chain management data will be improved, and system platform support and data collection will be provided for intensive cultivation and synergisticeffect. 

What is the SRM Plan Executed by our Company 

SRM project promotion plan is divided into three stages, from May 2022 to December 2022, will goes live by modules, covering the whole procurement business of the company. 

The introduction of SRM system aims to improvement of the company's basic management, innovation in management, systematical realization of  the closed-loop procurement process, which will bring great improvement to  work efficiency in the future. The system will not only refine the management, but also reduce the company's management and operation costs. 

SRM purchase cloud platform after launch, will straighten out work process of research, development, planning, delivery, quality procurement department, to make procurement system realize the efficient work among the procedures of finding the source, bidding price, managing contact, ordering, delivering, and checking, as well as the collaborative life-cycle management of suppliers and the whole scene digital management. It will greatly enhance the value chain coordination and efficiency of purchasing management. The establishment of enterprise-level procurement data platform can further promote the optimization and innovation of procurement business. Likewise,it will help the company's digital and intelligent transformationand lay a solid foundation for the improvement of the company's management level and the high-quality development. 

Award Instruction

New Journey New Leap

Prize Distribution 

Due to the large number of friends from the suppliers and severe epidemic situation, large-scale on-site meetings cannot be held in China. In order to meet the requirements of epidemic prevention and control, the company decided to hold this SRM launching activity in the way of online training and thanksgiving lottery. At present, the activity has been successfully concluded. According to the rules of the activity, the list of winners has been released. Dear partners and friends, please honor the prize in time.

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1. Lucky draw: the SRM kick-off meeting will be held by the live online on the same day, Those who participate in the live broadcast of the event can join the activity and prizes will be randomly drawn in red envelopes. 

2. Redemption: Please contact the buyers to redeem the red envelope. You can also leave a message on this platform, which is mainly about winning content, mobile phone number, name and contact address, convenient staff contact, winners please receive the prize in time, we arrange free SF mail. 

3. Time of collection: April 25th to May 25th 

4. Awards: 686 awards, including luxury full-body multi-functional automatic massage chair, Konka three-door refrigerator, Rishi automatic washing machine, Midea steam hanging ironing machine, Galanz microwave oven, heating cup, intelligent stainless steel electric kettle, luxurious home textile four-piece set, etc.

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Heartfelt thanks to the active interaction in the online live broadcast room partners! Congratulations to all the winning partners, and those who did not get the prize should not be discouraged. In order to thank you for your enthusiasm and strong support, we will launch more wonderful activities in the future. 

SRM is the propeller of the second take-off of CHINJINLI. We believe that , with the support of CHINJINLI, all partners, the help of experts of Qikeyun Company, and with the joint efforts of all excellent employees of CHINJINLI , the SRM project of CHINJINLI will surely achieve a complete success. 

Because we have such faith and strength, We have reasons to believe that all the diligent and hardworking workers with full pride and passionwill create a new brilliant exciting chapter! We will always believe the coming of miracle and cherish the time we work and strive. Let us set up new goals, embrace new days with hopes, and embark on a new journey.

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