Long River Technology - Enterprise Resource Planning
Since its establishment, LongRiverTech has gradually developed a number of product lines with independent intellectual property rights with the development concept of "independent innovation, healthy ecology, and harmonious win-win". A comprehensive information technology company with comprehensive customer service and Internet SaaS cloud service capabilities. The members of the LongRiverTech R&D team come from professional service experts serving the world's top 500 and large and medium-sized enterprise groups. The software products have served domestic core enterprise institutions such as Industrial and Commercial Bank of China, Agricultural Bank of China, CITIC Group, and Air China, as well as Including Metlife in the United States, Quebec Ministry of Finance in Canada, Toyota Motor, Telstra, CEZ Energy Group in the Czech Republic, SAAB in Sweden, Aegon in the Netherlands and other international high-end companies.
A successful entrepreneur once said: In my opinion, business management is like an art! So, what exactly is art? He continued: Many times many things in this world exist in two states: motion and stillness. Enterprise management is a state of motion, a variable—acceleration, deceleration, constant speed... Which kind of dynamic is the best state? That's right, the art of business management is to master the skills of the best exercise state, and to find the most energy-saving and efficient exercise state. The LongRiverTech ERP software system is a "means" to realize the best art of this kind of enterprise management.
ERP system is the abbreviation of Enterprise Resource Planning management platform. It is a new generation of integrated management information system developed from MRP (Material Requirements Planning). It jumps out of the boundaries of traditional enterprises, optimizes the resources of enterprises from the scope of supply chain, optimizes the operation mode of modern enterprises, and reflects the market-to-enterprise Requirements for rational allocation of resources. It plays a significant role in improving the business process of the enterprise and enhancing the core competitiveness of the enterprise.
ERP system is not only a software, but also a management tool, or a fusion of IT technology and management ideas. It is the only way for enterprise management innovation, modernization of enterprise management and improvement of enterprise competitiveness in the information age. To put it simply, the ERP system is an advanced management idea with the help of computers to maximize the management objectives of the enterprise, thereby realizing the optimization of enterprise benefits.
Since LongRiverTech released its first ERP product in 2017, LongRiverTech has continued to invest resources in the continuous iteration and evolution of the ERP product line. In 2019, the first enterprise version based on B/S web architecture was released, which supports cloud deployment and operation. LongRiverTech ERP enterprise overall management software system is committed to assisting the development of the Industrial Internet, Industry 4.0 and the new economy of intelligent manufacturing. LongRiverTech ERP is a one-stop ERP system for small and medium-sized enterprises, which can be customized for personalized business and deployed on cloud platforms. In 2021, LongRiverTech released its first cloud service brand "Hanju", providing a brand new SaaS operating environment and business model for subsequent ERP product releases and services.
According to the statistics of the American Production and Inventory Control Society (APICS), if an ERP system is used well, it can bring the following economic benefits to the enterprise on average: inventory reduction by 30-50%; delayed delivery by 80%; procurement lead time shortened by 50%; Downtime is reduced by 60%; manufacturing costs are reduced by 12%; management levels are improved, management personnel are reduced by 10%, and production capacity is increased by 10-15%...
At present, the ERP software system has long been the main way of enterprise management in the world, and there are many related software developments. The LongRiverTech ERP software system is an advanced modern enterprise management model and a management method to realize the "best art" of enterprise management. It rationally allocates resources in all aspects of the enterprise to make it fully effective and enables the enterprise to stand in the fierce market. In the competition, we can exert energy in an all-round way, so as to achieve the best economic benefits.
For most small and medium-sized enterprises, the focus of ERP invoicing lies in the unified management of logistics, capital flow and information flow in the process of purchase, sales and production. Usually, small and medium-sized enterprises, as a node in the industrial chain, only pay attention to the material and capital transactions of upstream and downstream suppliers and customers directly related to themselves, as well as their own production, processing and assembly flow.
Ideally, the settlement and payment of the payment for goods are in one-to-one correspondence and occur at the same time, but in actual small and medium-sized enterprises, there are a large number of goods before payment, first payment before goods, book-entry down payment and centralized settlement, installment payment and A variety of different goods and payment separation modes such as delivery. There are a large number of many-to-many compound nesting and association relationships in the flow of goods and materials, capital payment and settlement flow, and production and processing workflow, which increases the difficulty and workload of small and medium-sized enterprises in the management and control of business data. Through the implementation of the ERP purchase, sales and inventory plan for small and medium-sized enterprises in Yibo, different payment receipt and payment templates can be adopted according to the characteristics of different businesses, and after entering the business documents, the warehouse of goods and materials, funds receivable and payable, production and processing raw materials and products can be automatically established. All-round relationship between finished products, accounts, warehouses, employees, machinery and equipment, factories, stores, etc. Through the standardized ERP invoicing business process, the operational risk of business execution is minimized, and the risk control measures such as credit limit and risk exposure, such as upstream and downstream relationship limits, are used to minimize bad debt risks and capital costs. Based on the statistics and analysis of historical actual inventory, logistics and capital flow data, it can arrange the best inventory allocation, capital account and logistics distribution, and enhance the profitability and competitiveness of enterprises.
Small and medium-sized production and processing enterprises focus on production and processing to drive upstream procurement and downstream order management. The conventional ERP system of purchase, sale and storage satisfies the large-scale production management of batch products. In the market, mass-produced products with a high degree of standardization can quickly reach saturation through large-scale expansion, and the remaining ones with a lot of room for growth are non-standard orders that require personalized customization. For standardized product production, if it can barely cope with human management and statistics, more innovative non-standard orders are increasingly dependent on the auxiliary management of computer systems to cope with the explosive growth of business data.
After the user enters the custom order in LongRiverTech order management, the system will decompose the material list according to the BOM configuration. For the raw materials in our warehouse, it will directly generate a picking plan, and for the materials in short supply in the warehouse, it will automatically generate a purchase order and enter the procurement management process. , the picking list can only be picked after the purchased materials are put into storage. At the same time, for customized orders, some customers may provide some raw materials themselves, which are used as customer incoming materials to handle storage and picking. According to the production and processing steps, after receiving materials, production and processing, semi-finished products or finished products can be put into storage, and finished products can be shipped according to the order requirements after being put into storage.
In the whole process of order management, customers can pay in advance by way of deposit, or make multiple (advance) payments in stages according to the production progress, and pay the final payment after receiving the goods. Customers can enter the after-sales service process after receiving the goods.
In procurement management, the entire procurement process can also be completed through the installment payment mode of advance payment, multiple payments and final payment.
Different from small and medium-sized enterprises, the business of large groups is more complex, and the implementation and deployment require customized business processes and more functional logic for personalized development and expansion. On the one hand, LongRiverTech ERP provides an initial launch and iterative launch version with large and complete basic functions. On the other hand, the design of the core data model fully considers the characteristics of purchase, sales, inventory, production management and financial management of different industries, and abstracts a Adaptable and extensible core data model.
LongRiverTech Invoicing has pre-designed business modules such as purchasing management, sales management, retail management, inbound and outbound management, inventory counting, and inventory leasing. Group companies can directly go online and use them to meet about 80% of the business. At the same time, they can continue to use field expansion and Customized development of new business meets the remaining 20% of the business.
LongRiverTech production management has two different built-in production and processing modes, one is the workshop mode, which is generally used for the combined processing and production of simple materials, without complex process flow and cross-day production tracking, such as the production of restaurant dishes, bakery Scenarios such as customization of pastries, car maintenance services, one-stop shops or just-in-time (JIT) assembly sales in workshops, etc. For those that require complex process flow, cross-day, multiple different types of worker collaboration, and multiple production workshop assembly lines, the MES system configuration, execution and management with the process library as the core configuration is classified as a factory model. BOM configuration and workshop processing are mainly used for production and processing in the workshop mode, while process management, production batches, material batches, MRP material planning, production scheduling, MES process execution, outsourcing management and quality inspection are mainly used in the factory mode . Cost management and equipment management are management modules shared by workshop mode and factory mode.
LongRiverTech financial management can generate financial statement set accounts for different purposes through multiple sets of accounts, and LongRiverTech financial management comprehensively manages receivables and payables, income and expenditure. Through LongRiverTech financial management, financial managers can easily manage invoice issuance and invoice receipt, and establish a many-to-many mapping relationship with actual business documents. LongRiverTech fixed asset management enters, maintains, takes inventory, evaluates and enters each managed fixed asset through the asset management card. Through the general ledger management financial entry template configuration, different business documents can be automatically generated accounting entries and different financial statements according to rule configuration and business characteristics.
As the core industrial group management software, LongRiverTech business intelligence ERP can be easily integrated with other management software or third-party software of Yibo, such as industrial chain management system, project management system, group financial business management system and office automation OA system.
Yibo industrial chain management system includes the information management of the upstream and downstream business entities of the group's industrial chain, including: industry sectors, group companies, customer management, supplier management, warehouse management, factory management, store management and distribution management.
The Yibo project management system takes projects and tasks as the main body of business management, and integrates management task data through task execution, resource logs, attachment data, task associations, task labels and classifications, task descriptions, and associated knowledge bases, and generates an overview of project progress The report view is convenient for enterprise managers and project managers to monitor and manage project execution progress.
Usually, the treasury business of the group conducts quantitative modeling and risk hedging on the actual operating cash flow of the enterprise through the comprehensive application of different combinations of financial instruments, making full use of short-term loans, money markets, long-term debts, corporate equity, foreign exchange markets, commodity spot and futures derivatives The cash flow and risk management characteristics of financial instruments such as products are used to adapt to the actual business flow and cash flow of the enterprise, and to minimize the enterprise's operating risk exposure.
At the same time, LongRiverTech ERP also has some built-in basic office automation function modules and integration with more professional OA systems and software. Through the expansion of office automation OA, group companies can implement various business approvals with different structures and types through the approval flow engine, such as linear workflow, two-dimensional workflow, approval flow graded by business amount, automatic jump by department and function Approval flow, approval flow configured by business rule engine, etc. The knowledge base management system manages, aggregates, evolves, classifies, and discovers the continuously growing knowledge assets of the group company through content publishing, recommendation association, tag classification, and multimedia aggregation, and maximizes the value of retrieval and use. Yibo ERP realizes human resource management through the built-in human resource management module or integration with third-party human resource management software. Through integration with the mail system, Yibo ERP can automatically extract unstructured mail communication information into structured data and embed it Go to the business process of Yibo ERP.
Traditional financial service providers provide financial services based on the credit status of business entities judged manually. Financial services can only be limited to large-scale large-scale enterprises or acquaintances with stable relationships, and cannot be provided to unspecified entities on a large scale.
Small-amount high-frequency financial services, such as P2P and material service companies that have continued to experience thunderstorms in recent years.
Because traditional financial services manage credit risk independently of a single business entity, it is necessary to collect a lot of related data related to the service entity to obtain a "static" risk assessment. Even self-employed expansion. At the same time, such risk assessment is a "static" slice of data, which is only suitable for stable main business entities, and cannot adapt to the small, high-frequency, customized and innovative businesses of rapidly changing small and micro innovative market entities. The supply chain financial system collects and manages data through the entire or multiple intersecting industrial chains as a whole, and the same data is shared by a large number of market players in the industrial chain, which reduces the cost of "credit management" and provides financial services to the middle Small business expansion provides the economic foundation. At the same time, the impact of dynamic changes of small and micro innovative market entities on upstream and downstream market entities can be automatically calculated by computer programs, and a "short-term" can be obtained by Monte Carlo simulation based on a "static" slice data of the industrial supply chain. The dynamic combination obtains the most suitable limit and control data nodes for risk management, and can conduct stress tests for special events and business scenarios to observe the overall stability and system risk of the supply chain financial system for a period of time in the future, so as to "dynamically" manage small and minimal invasiveness The financial business risks of small, high-frequency, customized and innovative businesses of new market entities become possible.
The supply chain financial system conducts quantitative modeling based on the business entities of the industrial chain, such as industry sectors, group companies, customers, suppliers, warehouses, factories, and stores. Manage the flow of materials and funds in the upstream and downstream of the supply chain through the purchase, sales and inventory system, such as purchase orders, sales orders, retail orders, collection orders, payment orders, inventory checks, inventory leases, transfers, etc. For the conversion of raw materials and finished goods within a single business entity, there are ERP/MES system management and execution, such as process configuration, process library maintenance, BOM maintenance, material management, workshop team management configuration, production batches, production execution and quality inspection. Supply chain finance hedges supply chain risk exposure by adapting financial instruments that are similar to the actual business flow structure but in the opposite direction, adjust the period-current space-time structure to adapt to the upstream and downstream financial risks and liquidity of the supply chain, and provide the industry with these financial instruments Supply chain financial services. On the one hand, the financial statement shows the operating status of the entity's business and provides a basis for supply chain financial services. On the other hand, it is also a supporting tool to support the legal and compliant development of supply chain finance. Based on this, different regulatory requirements and management requirements can be generated. report. Compared with traditional financial services, the biggest feature of supply chain finance is its dynamism. Through system modeling and system simulation, supply chain finance can truly realize system-level operations and management of systemic financial risks. When performing system simulation, it is first necessary to configure the supply chain process to perform quantitative modeling and parameter combination. Through different convenient search algorithms, including artificial intelligence deep learning neural network, etc., parameter tuning and Monte Carlo simulation are performed. On the one hand, better system-level investment decisions can be obtained through optimization analysis, and on the other hand, risks in the financial system can be discovered and managed through stress testing. At the same time, a dynamically simulated supply chain financial system is also a sandbox exercise platform, which provides a complete set of system-level tools for training and training senior management and investment talents, and also provides an exercise and test platform for trying and testing different strategies.