Case Study
Eletronics
From the assembly of robotic production lines to medical appliances
Overview
From wholesale to retail, from specialist components or cables to finished goods, our customers make and distribute electronic goods through their own supply chain or those of others, or directly through e-commerce. From avionic systems to sensors, from the assembly of robotic production lines to medical appliances, FlexSystem has over 150 touchpoints with leading global suppliers from throughout the world. With our workflow and document management systems, we cover the warranty management process and the sales process, allowing leading global conglomerates to close complex sales processes within one working day.
Supported by FlexSystem’s expanded solution sets of Workflow, Human Resources, Business Intelligence, Trading and Financial, with deep integration capability, our solutions bring added value, allowing businesses to combine data from different systems for the deeper management of key performance indicators (KPI).
Below is a small sampling of FlexSystem solution for Electronics industry.
Electronics Brand
Background and Key Issues
A leading global electronics brand based in Hong Kong with over 200,000 employees and more than $3B revenue, currently faces key issues as below:
- Isolated systems caused high cost and transaction delays
- Difficulty retrieving budget availability online
- Unable to standardize approval processes with company growth
- Inability to generate marketing analysis on budget allocation
- Prone to human errors maintaining collaborated data between systems
Needs and Challenges
FlexSystem Solutions Applied
Workflow Management
Standardized the approval process for procurement requests and enabled cyclical budget checks, including escalations for budget overruns and managing budget adjustments.
Financial Management
Automated voucher generation based on different settlement scenarios after payment, and automatically updated the accounting module with approved budget increases.
Financial Query
Integrated isolated systems to provide updated budget balances and financial data. This enhanced budgeting control and improved management decisions through resource analysis.
Benefits and Results
Reduced transaction delays by integrating systems
Unified user experience across procurement systems
Enhanced budgeting control for better management decisions
Improved control and monitoring of purchase requests
Improved resource utilization through analytical reports on budget allocation
