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On November 2nd, the "2021 'Dingge Award' Digital Transformation Pioneer List" was unveiled in Beijing. KWG Group won the "Supply Chain Model Award of the Year" for its supply chain financing project.
01 Won the Digital Transformation Award
KWG Digital Transformation has been recognized by the authority
The Dingge Award is a digital research and selection campaign jointly launched by "Harvard Business Review" Chinese version, SAP and Tsinghua University's Institute of Global Industry in 2018. It aims to find explorers and practitioners who truly create value through digital transformation, maintain innovation vitality and have a positive impact on industrial change, and then support Chinese enterprises to carry out digital transformation. It can be said that this is one of the most authoritative awards of Chinese enterprises digital channel.
Members of the jury of the 2021 "Dingge Award"
On November 2nd, the 8th Annual Harvard Business Review China conference was held in Beijing under the theme of "The Great Restructuring and New Competition and Cooperation". The results of "2021 ‘Dingge Award’ Digital Transformation Pioneer List" which was closely watched by the industry, were also announced at the same time. This year attracted more than 200 enterprises to register, received more than 400 applications, the competition is very fierce.
The supply chain financing project of the KWG Group stood out from many enterprises and won the "Supply Chain Transformation Model Award of the Year" after careful evaluation by the jury.
2021 Dingge Award Digital Transformation Pioneer List "Supply Chain Transformation Model Award of the Year" Winners
It is worth mentioning that this is also the second time that KWG won the Dingge Award. Last year, KWG won the Annual Model Award of China Digital Transformation Pioneer List with the Financial Shared Operation Management System project (SAP system project). In addition, KWG won the Gold Award of "BTP Hacker Boot" Camp Innovation Scheme in April this year, representing the cross-industry innovation strength of KWG's digital achievements in China.
This award is a strong proof of KWG Group's ability of production and research innovation and customer service assurance, as well as a affirmation of the results of digital strategy, marking another solid step towards digital transformation of KWG Group.
02 Integrate supply chain big data
Break down information barriers
In the post-epidemic era, digital transformation is an urgent need for the Chinese business community. Digital transformation is not only the responsibility of the IT department, but also a strategic project that enterprises should attach importance to, which also means that an enterprise will refine its operation level in the next 10-30 years. Only when the digitalization project is implemented can the enterprise’s vision of "seeking dividends from management" be realized.
KWG is well aware of the importance of digital transformation. For example, the award-winning supply chain financing scheme is an important part of the Group's digital strategy.
The supply chain program aims to create a supply chain platform cloud product to meet the supply chain business operation of the whole group. It effectively integrates and breaks through the information island between the three platforms, realizes the online closed loop of "payment request - right confirming - loan", achieves 100% online structured information exchange and file data transmission. At the same time, enhances the overall key indicators of real-time statistics and monitoring of high requirements, forming a real-time, efficient and accurate supply chain system.
According to the data, the supply chain financing scheme has increased the efficiency of the business process by more than 50 %, the satisfaction rate of business usage is up to more than 90 %, and the process electronization rate and data accuracy rate of 100 % are achieved. This move has greatly improved the working efficiency of the Group.
In the digital transformation of enterprises, how to carry out the upgrading of "assets digitalization, digital capitalization" is an exploration direction of enterprise digital transformation. With the supply chain financing digital platform as a starting point, KWG Group will build a comprehensive and unified enterprise digital asset innovation and R&D platform in the future.
The Dingge Award is an authoritative affirmation of KWG's digital strategy. Taking this as an encouragement, KWG Group will continue to activate the potential of digital elements, seek internal management reform and innovation, continue to vigorously promote digital transformation, and seek more stable, higher quality and longer-term development.
