Trends and significance of digitalization in the electrical equipment industry

Digital transformation and intelligent business models are the development trends of industry upgrades. They are not only important for Internet companies, but also for traditional electrical equipment production and processing manufacturing companies. It is reflected in systematic business management, intelligent manufacturing operation indicators, innovative product applications, digital collaborative office management and other aspects. The main pain points it solves are:

1. Production planning management is difficult and efficiency cannot be improved: Digital operations can accurately plan and manage material requirements, effectively control production costs, adjust material inventory, adjust warehousing plans, reduce system maintenance costs, and improve the efficiency of the entire production and processing process.
2. Inaccurate data accounting and difficult to control costs: In the traditional single system, the data between departments are independent of each other, and the process is unclear, resulting in inconsistency in production and use of materials and inaccurate cost accounting. Through digital transformation, the time for manual entry by personnel is also reduced to avoid data errors.
3. Chaotic financial and tax management, difficult accounting statistics: The use of a traditional single system can easily increase the risk of fund reconciliation. For example, the arrival time of purchased product materials is inconsistent with the invoice time reported by the salesperson. When the finance department conducts monthly summary accounting statistics, different treatments are required for various phenomena such as goods arriving but invoices arriving, goods arriving but invoices not arriving, etc., which leads to complex workload and time-consuming, resulting in errors in invoice statistics, document loss, etc., causing heavy workload for the finance department, delays in data viewing by management, and even report errors. Through digital transformation, this kind of chaos can be effectively avoided.

1. Establish a unified management and control system, establish multi-level BOM settings, use online methods to clarify production bills of materials, strengthen the standard entry of product inventory, locked order materials and other information, and effectively analyze and specify the company's production plan and procurement supply plan in real time to improve product efficiency.
2. Through the digital system, automatically calculate the company's product production cost, automatically integrate material costs, and realize the company's refined operation.
3. Through the procurement management module, the cost of purchased materials is accurately calculated, and the background automatically generates accounting vouchers according to the system preset voucher template, flexibly manages invoices, and improves financial work efficiency.

Leilang also firmly grasps the transformation wave of digital construction and introduces advanced digital management systems to improve production and office efficiency. Establish a unified material, warehousing, financial, and administrative management system to carry out production and office work in an online manner, improve the collaborative efficiency of various departments, strengthen the production capacity management of production lines, and also achieve traceability management of product outbound delivery, and enhance product quality and service level.

In the future, Leilang will continue to increase its digital transformation efforts, help upgrade quality management, and give back to new and old customers with better products and services. Stay tuned!