Dialogue with Pedestrians|Feilong Auto: Through the integration of industry and finance, annual cost savings of more than 20 million yuan

Conversation among pedestrians

From an informatization player to a digital intelligence player, UFIDA has been deeply involved in the enterprise software and service industry for 35 years. So far, 39,600 large and medium-sized enterprises have chosen UFIDA BIP to promote digital intelligence business innovation. In order to explore the successful path to digital intelligence in the industry and share the leading practices of enterprise digital intelligence, in September 2023, UFIDA officially launched the high-end interview column "Dialogue with Pedestrians" focusing on the digital transformation of leading enterprises in the industry. Based on the concept of "deeply cultivating the industry and innovating value", this column invites CXOs of industry-leading companies to conduct in-depth dialogues and enable high-quality development of industry companies!

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In this issue of "Dialogue with Pedestrians", Xu Rui, founder of "Chief Information Officer", has an in-depth conversation with Cao Dongkai, CIO of Feilong Auto Parts Co., Ltd.

Feilong Auto Parts Co., Ltd. was founded in 1952 and began producing auto parts in 1964. It has a history of producing auto parts for more than 50 years and is an important base for domestic production of auto parts. The domestic market share of auto water pumps reached 25%. In 2020, it was The Ministry of Industry and Information Technology has recognized it as a single champion product in the manufacturing industry. Feilong Co., Ltd. has 137 domestic and foreign customers and serves 208 bases and factories around the world. The leading products are automotive water pumps, exhaust manifolds, turbocharger housings, electric water pumps, etc. The automotive water pumps are divided into five series: heavy, medium, light, sedan, and micro, with more than 1,000 varieties, and more than 800 exhaust manifolds and scrolls. There are 35 varieties of intake manifolds, and it now has an annual production capacity of 11 million automotive water pumps, 5.5 million exhaust manifolds and 3 million volutes.

This issue reveals how it saves more than 20 million yuan in annual costs through the integration of industry and finance. The following content is compiled based on the conversation:

Interview transcript:

Xu Rui:Based on the company’s strategic goals and business characteristics, what are the company’s key needs in digital intelligence? What is the core goal of digital transformation?

Cao Dongkai:Informatization is a difficulty and pain point for discrete manufacturing. Different from process manufacturing, discrete manufacturing is very complex. The management attaches great importance to the role of informatization in corporate development, so we have cooperated with UFIDA to develop UFIDA BIP, which covers orders, production, sales, procurement, finance, human resources and office automation integration. It currently includes the headquarters and 9 The company has fully realized the integration of business and finance, which is of great help to the enterprise. In the past, each subsidiary had its own system and worked independently, which was not conducive to the group's management and control. "Information islands" were very serious. Secondly, many customers, especially major international customers, made demands on us to take our informatization to a higher level. This In recent years, the country has also proposed intelligent manufacturing and the integration of informatization and informatization, and enterprises must keep pace with the times.

Xu Rui:What value does digital intelligence innovation bring to enterprises?

Cao Dongkai:The first is finance. UFIDA has the most advantages in centralized financial management and control, and its financial effects are also the most obvious. From the original siled approach to the unified allocation of funds, the checkout efficiency has been shortened from the original 7-10 days to 1 day now, and internal transactions are also simple and clear; in terms of business, through the integration of industry and finance, customer orders are directly connected to us system to perform MPS and MRP calculations, and then form a closed loop of production orders, purchase orders, processing, warehousing, settlement, and sales processes; UFIDA cloud product YouSpace is applied in all 10 companies within the group to achieve paperless mobility Approval and online reimbursement are very convenient. You can work anywhere and anytime, realizing office automation.

After being put into operation, it can save more than 20 million yuan in costs every year, greatly improve the efficiency in management, and create value for the enterprise. Whether it is management, organization, or from finance to business, UFIDA BIP has truly realized it for us. Reduce costs and increase efficiency.

Xu Rui:Currently, the digital intelligence of many leading companies has entered a new stage. They have begun to carry out industry-industry integration, industry-finance integration, and industry-finance integration. Regarding integrated business innovation, what do you think of this integrated application innovation?

Cao Dongkai:To do informatization is actually to do the integration of business management, industry and finance, and industry integration. Most manufacturing companies, whether process or discrete, are integrating "two informatizations", including informatization, industrialization, automation, and intelligence.

Now that informatization has reached a certain level, the next step is to focus on automation, intelligence, and industrialization to establish more intelligent workshops and intelligent factories in response to the national strategy and realize the 2025 "Smart China" and "Made in China" "To become a manufacturing powerhouse," once the business is on the system, the next thing to explore is how to make the equipment more automated on the production side, how to make the process more intelligent, and realize intelligent manufacturing in production, so as to keep up with the general trend. The country has been advocating "digital-real integration", that is, the integration of the digital economy and the real economy. This has also greatly promoted the digital transformation of the manufacturing industry. Feilong Automobile has now combined the digital economy with actual production and ultimately fed back to the business. .

Xu Rui:Based on your company’s digital intelligence construction practice, what do you think are the key points for promoting digital transformation in the discrete manufacturing industry? What is it?

Cao Dongkai:First of all, when choosing software, you must know yourself and the enemy. Understand what you need and what level the company is at;

Secondly,choose the right partner. Feilong and UFIDA have been partners for decades. We have been cooperating since 2000, and it has been more than 20 years this year. From U8 to NC to BIP, facts have proven that choosing UFIDA is the best choice. By the way, our cooperation is very successful;

Once again, it is the attention ofleaders. Leaders should really take it seriously and participate in the project;

Furthermore,the implementation team must be united and strong. Love informatization and are not afraid of hardship. Only when we unite as one can we achieve better results.

From the internal digital intelligence culture to the "top project", as well as good communication and collaboration with implementation partners and UFIDA, Feilong has finally achieved a huge breakthrough in digital intelligence. I hope that both parties can do better in the future. From strategic partners to close friends, we continue to move forward.

The next issue of "Dialogue with Pedestrians" is an in-depth conversation between Wang Jing of UFIDA's BIP product market and Lin Chongji, general manager of the Industry 4.0 Division of NEXCOM Intelligent Systems Co., Ltd., revealing the intelligent solutions he creates based on UFIDA's BIP to enable Chinese companies to sail overseas. Stay tuned!

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Origin blog.csdn.net/YonBIP/article/details/134397459