Hengrui Medicine: Scientific research-based, creating a healthy life

[Introduction] Hengrui Pharmaceuticals, as a leading domestic pharmaceutical company, has always adhered to the development strategy of "innovation + internationalization" for many years and kept pace with the digital transformation of the industry. Since 2003, Hengrui Medicine has achieved sales revenue rising from less than 300 million yuan in 2003 to more than 17.4 billion yuan in 2018 through 15 years of in-depth cooperation with Inspur Cloud ERP, and its market value on the Shanghai stock market once exceeded 300 billion yuan. In the new era and new developments, Inspur Cloud ERP will continue to support Hengrui Pharmaceutical's digital transformation and intelligent manufacturing upgrade, helping Hengrui Pharmaceutical ascend to the throne of "Drug God".

Jiangsu Hengrui Pharmaceutical Co., Ltd. (Hengrui Pharmaceutical Shanghai Stock Code: 600276) is a pharmaceutical company engaged in pharmaceutical innovation and high-quality drug research and development, production and promotion. It is a well-known domestic manufacturer of anti-tumor drugs, surgical drugs and contrast agents. , founded in 1970 and listed on the Shanghai Stock Exchange in 2000.

As a leading domestic pharmaceutical company, Hengrui Pharmaceutical's rapid development is due on the one hand to the company's always adhering to the development strategy of "innovation + internationalization" to promote the transformation of innovative results and expand international marketing; on the other hand, it is due to the company's tight In accordance with national policies and industry development trends, we will optimize product structure and improve corporate refined management. As early as June 2002, Hengrui Pharmaceuticals proposed the goal of building a comprehensive enterprise ERP system, improving corporate management levels through digital construction, and accurately predicting the future of corporate transformation.

Hengrui Medicine not only has advanced awareness, but also has a unique vision. In 2003, after Hengrui Medicine inspected many IT vendors in the industry, it finally decided to join hands with Inspur Cloud ERP, with the construction principles of "comprehensive overall planning and continuous application improvement" and "based on current business needs and focusing on long-term development", and clearly stated "by We will cooperate to promote the digital construction of enterprises through the construction path of "from model selection to gradual implementation, and then to comprehensively support enterprise business applications" and "from single application to group management to fully support the digital and intelligent transformation of enterprises".

Many hurdles hinder the digital transformation of the “God of Medicine”

Sincere cooperation brings success. However, the problems on the road to digital transformation are harder than gold and stone and more difficult to overcome. Before the implementation of ERP, Hengrui Medicine had three problems: First, each department was managed independently, internal information communication was poor, and there was an information island phenomenon; second, there was a lack of distribution management for the goods shipped, and the goods, tickets, and payments were all written off. It is not timely and accurate enough; third, customer files lack centralized management by the company, and the turnover of sales personnel leads to the loss of customer resources.

In addition, with the rapid growth of business, the company urgently needs to upgrade its management through digital management and control, focusing on solving problems such as multi-organizational collaboration, budget control, performance management services, HR control, and how to quickly integrate newly acquired enterprises into Hengrui integrated management. It can be said that if you want to improve management capabilities, you must first meet the needs of enterprises for digital transformation.

Defeat the enemy with two moves, Inspur Cloud ERP shows its talents

Under the guidance of the principle of "unified planning, step-by-step implementation, emphasis on practical results, and enhancement of value", Hengrui Medicine has used Inspur's ERP system since 2009 to optimize resources, integrate the group's digital management applications, and realize the transformation and upgrading of group management.

l Unify standards and standardize processes

In terms of business management, through the implementation of the ERP system and the Pharmaceutical Inspur Distribution System (Customer Relationship Management System), the company has successfully achieved standard management and process management of the business. Firstly, it opens up business collaboration among various departments and realizes the timely sharing of information among various departments; secondly, it systematically manages the write-off of goods in transit, goods, tickets and payments, which improves the timeliness and accuracy of management; thirdly, Hospital files are also managed in a centralized and unified manner to avoid the loss of customer relationships due to staff turnover.

l Collaborative operation and efficient management and control

After the ERP system upgrade, the BI (Business Intelligence) application and ERP system were connected, helping the group achieve financial upgrades and integrated financial business operations; through the e-procurement business platform, it opened up the upstream and downstream collaboration of the industrial chain, successfully reducing costs and increasing efficiency. , the overall cost is reduced by 10%, the procurement cycle is shortened by one-third, and the inventory is reduced by 20%. These figures are enough to prove that Inspur Cloud ERP is the management tool to help enterprises with digital transformation!

Digital transformation creates new Hengrui

In 2016, with the changes in a series of industry policies such as the "two-invoice system", "business tax to value-added tax" and "self-examination of R&D data", Hengrui Medicine assessed the situation and formulated the 13th Five-Year Digital Development Plan, combined with Made in China 2025, Further research on big data application technology. With the help of Inspur Financial Sharing, the sales model is reformed and the unified management of branch business, invoice source analysis, reimbursement verification, and service management and control are integrated. Later, a digital system for smart factory applications was gradually built to comprehensively improve production and operation efficiency and consolidate the company's core competitiveness. Over the past ten years, Hengrui Medicine has grown significantly in strength, with sales revenue rising from less than 300 million yuan in 2003 to more than 17.4 billion yuan in 2018. In 2018, the value of the A-share market exceeded 300 billion yuan!

Hengrui Medicine has always adhered to the development concept of "scientific research-based, creating healthy life", strives for progress and has the courage to innovate. In the future, Inspur ERP will continue to support Hengrui Medicine to achieve digital transformation and intelligent manufacturing upgrades, and help Hengrui Medicine go abroad and build a grand blueprint for a multinational pharmaceutical company!

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