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On April 29, the Information Integration and Application Demonstration of Xiamen Competitive Manufacturing Industry program, which is on the list of Chinas Twelfth Five-Year Sci-Tech Support Plan, successfully passed the evaluation of the expert panel of China"s Ministry of Science and Technology. As one of the four participants in the program, Golden Dragon has made significant contributions to the success. The research results of the program have already been applied in the machinery industry, bus manufacturing industry, food & beverage industry, textile and clothing industry. So far, six enterprises have been selected as the demonstration bases, which have generated substantial economic and social returns. More importantly, the program has successfully promoted the application of information technology among all manufacturers in Xiamen.
In the program, Golden Dragon is responsible for building bus supply chain demonstration. By taking full advantage of information technologies, the bus maker has been focusing its attention on more adroit manufacturing and more coordinated corporate management. Through the integration of advanced softwares, information systems, standards, databases and business channels, bus makers, together with their partners, suppliers, and customers have achieved full integration in terms of information flow, logistics, and capital flow.
Through implementing SCM and integrating SCM with PLM, ERP and CRM, Golden Dragon has accomplished system integration with its suppliers and realized sharing information and more efficient allocation of resources. By doing so, the bus maker has significantly improved its management at various levels, reduced its inventories and cut its costs. As a result, it has sped up the circulation of its capital, quickened its response to the market trend, and improved customers" overall satisfaction. More importantly, Golden Dragon has further sharpened its competitiveness and pushed forward the fast and sound development of the bus manufacturing industry in Xiamen.
On the basis of its current business, Golden Dragon"s bus supply chain demonstration achieves tailored development and application of mature systems. Thus, its specific needs and demands can be fully met. By implementing the bus supply chain, the bus maker has succeeded in cutting its operating costs and strengthening ties with its suppliers. Also, by adjusting its procurement strategies, it has lowered the risks in its business operation, improved the quality of its raw materials, and cut the time for procurement cycle.