Qiqitong signed the "Bloomage Bio" SRM project to promote the digital development layout of enterprises with a flexible procurement supply chain

Recently, Bloomage Biotechnology Co., Ltd. (hereinafter referred to as "Bloomage Bio"), a well-known domestic biotechnology and biomaterials company, formally signed a contract with Qiqitong to build a digital The procurement supply chain platform, starting from the procurement digital application scenario, helps enterprises achieve transformation and breakthroughs in the field of biotechnology/big health, and strives for more growth opportunities in the future.

01 The digital layout is perfect, and the underlying technology promotes the development of Bloomage Biotechnology

With the help of "digital transformation and upgrading" and "full industry chain construction", enterprises can not only optimize business processes and realize online and offline linkage of business, but also explore new business models such as online channel management and private domain traffic operation, empowering business insights, Power business decisions.

Bloomage Biotechnology is a well-known biotechnology company and biomaterials company. Driven by synthetic biotechnology, the company is committed to continuously improving the quality of life, prolonging the length of life, and bringing human beings a healthy, beautiful and happy life experience. Bloomage Biotechnology mainly focuses on the development and industrial application of functional sugars, proteins, peptides, amino acids, nucleotides, natural active compounds and other biologically active substances that contribute to life and health. The business covers bioactive raw materials, medical terminal products, functional skin care products, and functional food.

 (Source: Bloomage Biotech official website)

In recent years, Bloomage Biotechnology has been adhering to Industry 4.0 as the starting point, continuously upgrading the digital industry, realizing cost reduction and efficiency increase, and continuously deepening the automation and informatization reform of enterprise management.

In the context of the country's strategic support for the biotechnology/big health field, more and more companies have begun to transform or increase investment to compete for future growth opportunities. As a biotechnology company with more than 20 years of experience, Bloomage Biotech is also constantly breaking through boundaries and marching into broader fields.

The development concepts of Qiqitong and Bloomage Biotech coincide with each other, and they are constantly innovating and breaking through in their own fields, anchoring a greater future. In the field of SRM, Qiqitong has mature project practice experience in the whole industry, a senior expert team and strong technical strength.

For this reason, Bloomage Biotech chose Qiqitong to start the SRM procurement supply chain project. Through the management of the cost and performance of the supplier throughout the life cycle, realize the digital office, improve the efficiency of the procurement process, save the cost of the procurement process, and improve the compliance of the procurement process.

02 One-stop SRM procurement collaboration platform to promote the stable development of the supply chain

The safety and stability of the industrial chain and supply chain are the basis for building a new development pattern. In the face of the challenges brought about by the intertwining of the current century-old changes and the century-old epidemic, it is crucial for the development of enterprises to promote the solid chain, stable chain, and strong chain of the industrial chain and supply chain.

For a long time, Bloomage Bio firmly believes that the vitality of an enterprise comes from continuous innovation and continuous profitability. By establishing the core position of the enterprise in the industrial chain, supply chain, and value chain, it ensures the realization of medium and long-term strategic goals. Join hands with Qiqitong to reorganize the indicators of the procurement-related links of the four major businesses of biological active materials, medical terminal products, functional skin care products, and functional foods, and jointly build a full-process automated SRM procurement collaboration platform with Bloomage Bio.

According to the business characteristics of Bloomage Biotechnology, Qiqitong has built an SRM procurement collaboration platform for it, which integrates the whole lifecycle management of suppliers, online sourcing management, contract management, quality coordination, order coordination, receipt and delivery, and financial coordination. Chain nodes, at the same time, open up the internal system of the enterprise and reduce internal communication costs.

After the system is launched, 360-degree comprehensive management and supervision of suppliers can be carried out online; the SRM system can improve internal procurement management, enhance internal team collaboration capabilities, and reduce procurement costs to the greatest extent through professional sourcing processes and tools.

| Establish an "open, fair and just" sunshine procurement environment

The construction of the Qiqitong SRM platform will help enterprises realize the digitization and visualization of procurement data and ensure openness; through project implementation, standardize different types of procurement processes, set up comprehensive and reasonable monitoring points, establish a collective decision-making mechanism, and minimize human effort Factors to ensure fairness; through technical means to ensure the symmetry of supplier information, to ensure fairness. Realize the authority, node, process, audit, etc. of the procurement business, and the entire process can be traced and managed.

| Improve the supplier life cycle management system

In order to strengthen the management of suppliers, the SRM procurement collaboration platform strengthens the management of suppliers from multiple perspectives such as supplier file maintenance, access review, service and product quality, and performance assessment, and forms continuous and effective supervision of suppliers Evaluate. Through the improvement of the source of access, the supervision of the transaction process, and continuous optimization, a full life cycle management system for suppliers is established to create a high-quality supplier team.

| Create a data-based decision-making analysis system to provide a basis for corporate decision-making

For the business process of enterprise procurement, a lot of data will be involved. Through the collection, recording and summary of these data, and analyze them, the problems and gaps in procurement cost control can be effectively improved, and targeted management measures can be taken to reduce procurement costs. , Continuously improve the management level of procurement work.

The cooperation between the two parties will further deepen the digital layout of Bloomage Bio, improve the supply chain capabilities of enterprises, and enhance core competitiveness. At the same time, as leaders in their respective fields, Bloomage Bio and Qiqitong will deepen the practice of purchasing digital business scenarios and drive more Enterprises in the health field of U of T have improved the level of digital transformation and upgrading of procurement and supply chain.

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