Tontec Leverages SAP Integrated Business Planning Solution’s Real-Time Analytics and Automated Forecasting to Bolster Supply Chain Management
HONG KONG, March 8, 2023 /PRNewswire/ — Tontec Intercontinental, a world wide chief in the structure and generation of plastic injection molds and moldings, is taking its source chain administration to the upcoming amount with SAP Integrated Business Planning for Source Chain (SAP IBP).
Doing the job in sync with SAP S/4HANA Cloud, the cloud-dependent SAP IBP will allow the business to keep an eye on and take care of sophisticated global supply chains and make improvements to business enterprise setting up determination-producing with a number of state of affairs visibility, true-time analytics and automatic workflow. With SAP IBP’s knowledge-driven forecasting, Tontec will be in a placement to reduce stock and shorten buy achievement cycles to enhance customer support and help save fees.
The SAP IBP deployment will kick-get started Tontec’s electronic supply chain transformation journey and bolster its primary posture as a associate to enterprises in the world wide aerospace, automotive, industrial products, place of work appliances and professional medical units industries. Headquartered in Hong Kong, Tontec operates 11 significant-tech production crops throughout the world, along with a few advancement facilities.
As a result of Increase with SAP, Tontec has executed SAP S/4HANA Cloud to create an built-in world platform that leverages state-of-the-art device discovering algorithms and automation to allow increased item customization, more quickly delivery and steady superior high-quality. Tontec is now in the method of deploying the following SAP IBP modules to more boost its responsiveness and performance:
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Desire Arranging: By automating statistical forecasting and bringing desire planners and internet marketing, finance and offer chain into its digital processes for nearer collaboration, Tontec can create demand forecasts primarily based on knowledge. It will be in a situation to repeatedly keep an eye on segmented inside and exterior info resources so it can respond more quickly and deploy products and solutions extra precisely to satisfy shorter-expression demand. Tontec will also be capable to standardize its need evaluate meetings, supporting it acquire a balanced action prepare with input and guidance from a variety of stakeholders, like its output, income and advertising teams and customers.
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Product sales and Operations Preparing: Enabling cross-useful course of action orchestration and collaboration with suppliers, Tontec has the capacity to pick out and look at many vital constraints around an prolonged forecast horizon to make sure it can correctly equilibrium demand and supply and meet its financial targets. This will empower Tontec to get advantage of distinctive “what-if” and simulation scenarios to establish risks and chances and enable it meet the customer at a balanced stock stage to drive profitability.
“As a global leader in the structure and production of plastic injection molds and moldings, Tontec is decided to renovate in the direction of Industry 4.,” said Nelson Lam, President, Tontec. “So, it is imperative that our source chain arranging procedures are harmonized on just one platform. With SAP IBP, we can make use of actual-time facts from various features and areas and align our scheduling with our monetary targets in collaboration with clients and suppliers. This increases the precision of our forecasts and the performance of our setting up processes to drastically influence our operating funds, functioning costs and revenue.”
Esmond Tong, Running Director, SAP Hong Kong, mentioned: “Rapidly and accurate company arranging is crucial for brands in an running natural environment that is extra tough than ever, with fluctuating demand, lengthy source direct times and logistics disruption. SAP IBP allows companies all through the provide chain to handle these problems and operate alongside one another to be extra agile and resilient. Marketplace leaders like Tontec are major the way to create an productive and very digitalized method with tangible organization benefits.”
Find out far more about SAP Built-in Small business Organizing for Supply Chain here or chat with us at +852 2150 2799.
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