Wednesday, September 15, 2010

Bearing Co., Ltd. Yantai Ximeng Xi




Application of four classes of ERP system, Yantai Ximeng Xi greatly improve the production, financial and inventory management. Annual inventory turns from 1.5 times to 2.5 times, on time delivery rate from 80% to over 98%, inventory accuracy from 80% to 100%, the financial checkout time from 7 to 10 heaven as one day .

About

Yantai Ximeng Xi Bearing Co., Ltd. (abbreviation: Yantai Ximeng Xi) Department of China National Machinery Import & Export Corporation and the Hong Kong Huayang Industrial Co., Ltd. was built in 1989, a joint venture to manufacture tapered roller bearing series based joint venture total investment of 120 million RMB, now production capacity has reached 12 million sets, 70% of the exports of the Americas, Europe, Southeast Asia, in recent years to maintain stability and product quality improvement has been in the international market and establish a "CMC" a good brand image.

In order to product quality management standards and international standards to meet the requirements of international trade, Yantai Xi Mengxi in July 1994 formally adopted by DNV and ISO9002 Quality Certification Center of China commodity inspection, quality system certification, in November 1999 by DNV, QS9000 quality system certification in 2002 through the ISO/TS16949 quality system certification for the implementation of management information strategy and lay a solid foundation.

Analysis

In 1993, Yantai Xi Mengxi to meet the development needs of the conditions was developed by combining the financial software, a preliminary simplified summary of the tedious work certificate, and can generate simple financial statements. The software can not help but monitor the production process at any time of various raw materials consumption and balance the situation, not solve the production, supply and communication problems of financial information in a timely manner, nor strict supervision of market forecasts, production plans and procurement plans goes on. Only reference to the market forecast production plan development, sales, inventory, production is not good communication between departments, resulting in inventories of raw materials and finished a large backlog. "Financial accounting is complicated," Finance Manager Miss Yang Limin said with deep feeling: "In the face of thousands of pens out of the monthly storage bills, is entirely artificial aggregate, but can not guarantee the accuracy of data. The financial statements are the manual entry statements, annual information on several internal and external audit of the Finance Department is too busy to let furnished. While the finance department at a total of 12 individuals (not including plant accounting staff), checkout time is still needed from 7 to 10 days. and more big problem is not information sharing, the Finance Department can not achieve full control of the production process. "

Four classes (Fourth Shift) solution

With the computer science forward at an alarming rate, the rise of network technology for the MRPII (manufacturing resource planning) software to create good conditions for development. 1997 saw the company's management in a timely manner in which the huge potential of the relevant department manager sent nearly 10 people to the economically developed east China conducted a thorough investigation, concluded that four classes of system is fully consistent with the company's urgent need for cost-effective and can meet the company's good future development, which selected four classes of Yantai Ximeng Xi MRPII system as information management systems, and later upgraded to ERP systems.

Good beginning is half the success. The management of the company in accordance with the MRPII management ideas of the original made appropriate adjustments, greatly strengthened the power of information technology management for the future operation of the system laid the foundation. The company increased the production line control personnel department, the material on the production process to effectively control and improve the storage of materials management, Mingquehuafen the boundaries of material and fund management, and Combining product structure management, strengthened supplier control. 97 years in December Ximeng Xi started a total of four system implementation, to 98 years in July a total of four systems of financial and manufacturing modules formally completed the integration of the formal use of the system up.

Four classes of the advantages of the system is gradually revealed in the operation, in particular, behave in the following areas most prominent:

1, a huge database of information storage equipment functions and departments for the company extracts from different angles, financial and production data facilitates the same time, senior management can view all aspects of the initial data.

2, to achieve full sharing of information. Marketing departments will be sales orders, sales forecasts to the relevant screen entry, production planning department can produce according to market information issued by the main program, Purchasing Department will check the relevant procurement plan, the Company may at any time to maintain a rolling master production plan. Yantai Ximeng Xi finished workshop for the sales order to production in the middle of the production processes are adjusted according to sales forecasts in a timely manner, so that stocks of finished products, Yantai Ximeng Xi sharp decline in inventories in June 2003 1.8 million units, in September dropped to 1.09 million sets of occupied stock funds alone would save 4 million yuan.

3, substantial savings in labor cost: only the financial sector were reduced to 6 from 12 individuals, in the meantime also shorten checkout time, fast checkout, checkout time from 7 to 10 heaven one day.

4, the annual inventory turns from 1.5 times to 2.5 times, on time delivery rate from 80% to over 98%, inventory accuracy from 80% to 100%.

5, full use of four classes of system defined functions GLRD statements can be randomly reported a variety of financial statements, statistical reports to meet the needs of internal and external document summary.

6, detailed cost accounting function can be calculated to work out the cost of each workshop, you can also develop full cost pricing for the sale to provide accurate basis.

7, four classes have multi-dimensional query system summary function. Financial sector can choose a different bank of deposit, different accounting periods for different suppliers, customers, invoice number, payment by check number, cash collection, warehousing purchase order number, line number, payment of cash collection, etc., according to need to set a different account group subtotals.

8, can simplify the financial procedures of checking with the Treasury. Finance Department monthly production database directly extract data, conduct verification.

9, four classes of system functions well the company and local tax, finance, audit departments to establish mutual trust, mutual cooperation relationships, which enhance the company's credibility and reputation played a great role in promoting.

Conclusion

"A total of four representatives of ERP system is undoubtedly an advanced management model," Finance Manager Miss Yang Limin concluded, "through the use of four classes of ERP, a significant reduction in inventories of finished goods our company, senior management can always monitor the profits, income and expenses of the occurrence situation, production planning accuracy and on time delivery rate increased substantially. a total of four systems to help us more effectively manage, to ensure that our management efficiency and operational success. With the continuous development of its business in China, we are exploring the ISO/TS16949 quality standard combine with a total of four systems. we have reason to believe with the deepening of cooperation with the four classes of information management for the company's development will provide better support to take off for the Yantai Ximeng Xi contribute. "







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