The following article is from China Metallurgical News, the author is China Metallurgical News

China Metallurgical News.

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The picture shows Xiong Xiaohui

"Improving the digitalization capabilities of metallurgical enterprises is an important starting point for cultivating new productivity in the metallurgical industry. Kingdee will promote the transformation of metallurgical enterprises into high-productivity, green, low-carbon, and high-quality enterprises through high-quality digital service solutions." On March 15, at the Shagang Group and Steel Industry Digital Transformation Forum, Xiong Xiaohui, Assistant President of Kingdee China and General Manager of the Metallurgical Industry Division, shared the current digital transformation trends and solutions in the steel industry.

Xiong Xiaohui introduced that Kingdee has been recognized as a national-level high-tech enterprise and a key software enterprise within the national planning and layout. In the 31 years since its establishment, Kingdee has provided enterprise management cloud products and services to more than 7.4 million companies and government organizations. Up to now, Kingdee has provided high-quality consulting and product services to more than 300 steel and metallurgical companies, and 7 of the world's top 50 steel companies are customers of Kingdee. Kingdee Metallurgical Division always focuses on customers in the metallurgical industry and adheres to high-value operations. Consulting and product solutions cover 28 application areas in the metallurgical industry, and also provides services to process manufacturing companies such as non-ferrous metallurgy, large chemicals, cement building materials, and papermaking.

Xiong Xiaohui believes that in recent years, the digital transformation of head metallurgical enterprises has five major trends: Chinese manufacturing substitution, systematic construction, global development, artificial intelligence intervention, and industrial chain coordination.

"In order to meet the new needs brought by these new trends, Kingdee and its ecological partners have currently launched a complete digital solution for the metallurgical industry." Xiong Xiaohui focused on sharing solutions in two areas at the forum, one is cost management solutions serving the entire value chain, and the other is full-process scrap management solutions.

Among them, regarding cost management solutions that serve the entire value chain, Xiong Xiaohui said that establishing a competitive cost management and control system is an important guarantee for the survival and development of steel companies. Compared with traditional cost management systems, the new generation of Kingdee metallurgical industry cost management system has five new characteristics.

The first is to serve the entire value chain and all scenarios. "The cost management system of the Kingdee metallurgical industry completely covers the process of enterprise cost formation, from sales order receiving and product development to product delivery and after-sales service. Each link in the value chain has corresponding cost management functions to ensure that when enterprises conduct cost management, each link can be effectively data empowered to achieve true full value chain and full scenario cost management." Xiong Xiaohui said.

The second is to achieve ex ante prediction, in-process control, and post-event analysis.

The third is to achieve multi-dimensional cost calculation, accounting and analysis through multiple cost calculation solutions.

Fourth, profits can be predicted and managed based on accounting. During the production and operation process, operating profits are calculated based on production plans, procurement plans, and sales plans, so as to detect deviations in a timely manner and conduct in-process control.

Fifth, there are a variety of cost control tools. "The Kingdee cost management system not only has monthly cost accounting tools, but also includes cost calculation and benefit calculation tools such as standard cost, daily cost, ten-day cost, and order cost." Xiong Xiaohui introduced.

Regarding the full-process scrap management solution, Xiong Xiaohui introduced that the Kingdee scrap management system supports scrap contract management in multiple transaction models, including long-term agreements, one-single discussions, multi-base sales, etc.; it supports complex scenarios and large-volume scrap grading, relying on Shagang Group's single factory application scenario with the largest scrap consumption in the world, it has achieved the highest grading accuracy in the industry; Support collectivization of scrap steel pricing model, suitable for multi-organization, multi-region, price list matching, and can design pricing models according to quality, material type, etc.; support automatic settlement of scrap steel prices, and can be pushed to all scrap steel suppliers in real time to achieve openness and transparency; support the full-process management of scrap steel recycling.

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