Zijin Mining's digital procurement is upgraded again! Join hands with Qiqitong to create a full-scenario procurement mall platform, leading the mining industry to lead the digital development of industry procurement

Copper resources amounted to 72.38 million tons, gold resources amounted to 2,978 tons, zinc (lead) resources amounted to 11.08 million tons, and silver resources amounted to 14,500 tons. It has important mining investment projects in 15 provinces (autonomous regions) in China and 14 overseas countries. Ranked No. 284 among Forbes Global 2000 Listed Companies in 2023, No. 1 among global gold companies and No. 6 among global metal mining companies; No. 407 and No. 407 among Fortune Global 500 in 2022 Ranked 53rd in Fortune China's Top 500...

As a large-scale multinational mining group, Zijin Mining Group Co., Ltd. (hereinafter referred to as "Zijin Mining") covers copper, gold, zinc, lithium and other metal mineral resources exploration, development, engineering design, technology application research, smelting, processing and trading. , which not only has a complete industrial chain, but also is one of the companies with the most metal mineral resources in my country.

01. The world's top 500 large multinational mining groups

Layout visualization Zijin full-scenario procurement mall 

The data shows that in 2022, Zijin Mining will achieve a total operating income of 270.3 billion yuan, a year-on-year increase of 20.09%, an increase of 45.2 billion yuan. The company's various operating indicators have reached record highs, with an increase of more than 20%, setting a record high. The main mineral resources, reserves, major economic indicators, and market value have all entered the top 10 global mining companies.

Source: Zijin Mining official website

As a large multinational mining group, Zijin Mining has actively explored the practical path of digital transformation by using new-generation information technologies such as 5G, Internet of Things, artificial intelligence, cloud computing, big data, and digital twins in recent years, and established Zijin Zhixin and Zijin Zhikong The two technology companies expect to break through technical barriers and core technologies of digital transformation through a series of excellent practical cases, empower enterprises, and become leaders in the digital transformation of the mining industry.

In 2018, Zijin Mining launched the 1688 shopping mall procurement platform, which covers 16 major industries including industrial products, office supplies, household department stores, and small commodities. However, with the continuous acceleration of the internationalization process of the group company, the group's procurement business has grown rapidly. The original platform cannot be customized and has low efficiency; the operation experience of the procurement process is not good; There are business needs.

Therefore, Zijin Mining joined hands with Qiqitong to build a system suitable for the whole life cycle management of procurement of the group + domestic and overseas ownership enterprises, as well as a visualized Zijin full-scenario smart procurement mall. Through the establishment of the mall, more enterprises are empowered Purchasing new scenarios and new models, accelerating the transformation and upgrading of procurement e-commerce, and improving the efficiency of the supply chain.

02. Full-module smart procurement platform

In-depth solution to the pain points of Zijin Mining's procurement business

The function points of the mall built by Zijin this time include three major sections: commodities, purchases, and settlements. In terms of commodities, reorganize commodity information maintenance, commodity price maintenance and commodity price strategy maintenance; in terms of procurement, provide two types of demand reports for materials and fixed assets, order posting mode, and support second-hand transactions, overseas demand plan declarations, external customers Procurement; In terms of settlement, it can realize internal financial sharing system, simplify the payment process, and realize online reconciliation with suppliers and other businesses.

After the mall was built, Zijin Mining not only realized external sales, met business scenarios such as B2B and B2B2B, and created an end-to-end intelligent supply chain system; it also established an internal procurement mall to complete online procurement management of non-production materials and improve the supply chain. Efficiency, truly realize inter-enterprise interconnection.

● Get through the original internal system of Zijin Mining to realize interconnection

After the launch, the Zijin All-Scenario Procurement Mall can cooperate with Zijin Mining's internal SAP, SRM, financial sharing, contract system, and LE intelligent logistics system to penetrate all aspects of the supply chain, such as procurement, negotiation, and contract management. The ownership enterprise completes the system integration and flexibly combines the procurement business. It not only has the convenient procurement scene of the catalog e-commerce, but also cooperates with the supplier in the traditional online procurement to realize the integrated management of business and finance.

● Comprehensively solve the pain points of Zijin Mining’s non-revenue procurement and productive procurement

At present, the Zijin All-Scenario Procurement Mall has put tens of thousands of products on the shelves, with a wide range of categories. After the mall was launched, Zijin Mining solved the problems of scattered demand from various departments, difficulty in product selection, lack of support from a unified commodity library on the platform, difficulty in price comparison, and uncontrollable budget. At the same time, centralized procurement realized unified management, and the procurement center was transformed from a cost center to a profit center. Center to realize procurement revenue generation.

● Collaboration between suppliers and procurement to achieve accurate search and quick price comparison

The procurement types of Zijin Mining include procurement from domestic ownership companies, procurement from overseas ownership companies, and procurement from external customers of Zijin Group. The procurement categories involve industrial products, office supplies, labor insurance supplies, household department stores, etc., and the procurement business is complex and huge.

After the launch of the Zijin All-Scenario Procurement Mall, Zijin Mining can complete the management and control of the entire life cycle of domestic and overseas suppliers to ensure timely communication and collaboration between the two parties, and real-time information sharing; at the same time, the mall has already connected with multiple mainstream e-commerce platforms , covering all categories of procurement scenarios. By obtaining industry procurement analysis reports, Zijin Mining can accurately and quickly locate and search for price comparisons, making commodity procurement prices more advantageous.

03. The value of the all-scenario smart procurement platform is visible

Helping the leading digital procurement in the mining industry to achieve stability and long-term development

Compared with industries such as iron and steel and coal, the digitalization of the mining industry is more difficult to achieve digital transformation due to many unfavorable factors such as discrete and complex business processes, difficulties in data acquisition, and weak infrastructure.

As Xie Xionghui, executive director and vice president of Zijin Mining Group, said at the China Digital Green Collaborative Development Forum, digital transformation is a long-term process that will not be accomplished overnight. For mining companies, it is difficult for digital technology to show obvious value and benefits in the short term, and it is a long-term investment. Therefore, it is necessary to promote the combination of digitalization and enterprises based on the principles of practical priority, value creation, and self-control.

In the process of project implementation, through the joint efforts of Qiqitong and Zijin Mining, difficulties such as changing business requirements and heavy system integration have been overcome. For the problem of changing business requirements, the two parties conducted a special discussion on the changing needs in a timely manner, confirmed the change plan, and implemented it quickly; and for the problem of heavy system integration, the project team summed up the problem, Zijin Mall and the external system cooperated with each other to solve the system interaction question.

With the launch of the smart procurement platform, Zijin Mining has further improved its digital transformation, with visualization of procurement requirements, procurement execution, reconciliation information, and management indicators . Through the in-depth integration of procurement supply chain and information technology, resources, efficiency, cost, and cycle can be comprehensively improved, and the group can achieve green and sustainable development. Its value is also obvious, which can be summed up in 12 words: improve efficiency, promote friendship circle, deepen synergy, and strengthen operation.

Improve efficiency: comprehensively sort out the master data of Zijin Mining's internal materials, which can simplify the transaction mode and improve the efficiency of procurement execution

Promotion circle: build a scalable agile system architecture, and open up the end-to-end business of workshop, procurement, operation and financial functions

Deep collaboration: open collaboration scenarios with suppliers, ensure transparent sharing of information, improve satisfaction and supply chain resilience

Strong operation: Standardize the operation and management of the mall, guide price comparison, product selection, order follow-up, reconciliation and settlement, and improve the efficiency of mall operations

At present, the digital transformation of Zijin Mining has achieved remarkable results. As an important participant in the global mining market, Zijin Mining has always been committed to building a "green, high-tech and super-class international mining group". The industrial supply chain and industrial chain are upgraded and optimized, leading the digital transformation of the energy mining industry.

The energy and mining industry is an important basic industry for China's economic development. In the future, Qiqitong will still help Zijin Mining to explore more digital procurement scenarios and models, help the intelligent, digital and sustainable development of the energy and mining industry in China and the world, and empower the industry Improve quality, increase efficiency and reduce costs, and promote the collaborative optimization and value enhancement of the entire chain of the energy and mining industry.

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