This is a romantic love story about beauty blogger Su Yue and tech company CEO Lu Yi.
They met unexpectedly at a fashion and beauty event, then reunited for a collaboration, gradually falling...
By strengthening risk management and building strategic resilience, family businesses are keeping pace with the times and deeply understanding the critical role of deepening digital transformation and upgrading intelligent operations in enhancing their core competitiveness. Against the backdrop of rapid technological advancement, digitalization and intelligentization have become the only path for businesses to achieve sustainable development.
1. Deepening digital transformation
Comprehensive coverage of digital business processes
Enterprises are committed to achieving comprehensive digitalization of their business processes, undergoing in-depth digital transformation across various aspects, including procurement, production, sales, logistics, and after-sales service. In procurement, they are building digital procurement platforms to enable online operations for supplier management, purchase order processing, and bidding processes, improving procurement efficiency and transparency while reducing procurement costs. For example, through this platform, enterprises can compare product prices, quality, and delivery times across different suppliers in real time, enabling rapid purchasing decisions. In production, they are introducing intelligent manufacturing systems to automate production processes and collect data in real time. With production equipment connected to the Internet, managers can monitor production progress, equipment status, and quality data via their mobile phones or computers, promptly identifying and resolving production issues and improving production efficiency and product quality consistency. In sales, they are leveraging customer relationship management (CRM) systems and e-commerce platforms to digitize customer information management, sales order tracking, and marketing promotion. Through in-depth analysis of customer data, enterprises can accurately understand customer needs, develop personalized sales strategies, and enhance customer satisfaction and loyalty. However, in the process of digitalizing business processes, data integration and connection between disparate systems presents a significant challenge. The company organizes a professional technical team to develop data interfaces and middleware to achieve seamless data flow between systems and ensure smooth connection of business processes.
Improved data-driven decision-making mechanism
With the advancement of digital business processes, companies have accumulated vast amounts of data. To fully leverage the value of this data, they are further improving their data-driven decision-making mechanisms. They have established data warehouses and data analysis platforms to integrate data from various business systems and apply big data analytics technologies for in-depth mining and analysis. For example, by analyzing sales data, companies can understand the purchasing behaviors and preferences of different regions and customer groups, thereby optimizing product layout and marketing strategies. By analyzing production data, companies can identify bottlenecks and optimization points in the production process, thereby improving production efficiency and resource utilization. To better support decision-making with data, companies are strengthening data literacy training for management and employees, enabling them to master data analysis tools and methods, extract valuable insights from data, and translate them into decision-making foundations. Furthermore, they are establishing a data-driven decision-making process, requiring data analysis and evaluation before making important decisions, to ensure the scientific and accurate nature of their decisions. However, in practice, some employees' ability to interpret and apply data analysis results needs improvement. The company is helping employees improve their data analysis skills through targeted training courses and case sharing sessions. It has also established data analyst positions to provide professional data support and decision-making advice to various departments.
Building a digital innovation ecosystem
Enterprises are actively building digital innovation ecosystems and strengthening digital collaborative innovation with suppliers, customers, partners, and research institutions. They leverage digital platforms to share information and conduct collaborative R&D with suppliers, jointly developing new products and optimizing supply chain processes. For example, enterprises share product R&D plans and production demand forecasts with raw material suppliers, allowing them to plan production in advance based on this information. Both parties also collaborate to explore the application of new materials and improve product performance. They maintain close interaction with customers through online communities and feedback platforms, gathering customer needs and feedback and incorporating them into product design and service optimization. Furthermore, enterprises are collaborating on digital projects with universities and research institutions, leveraging external research resources to conduct cutting-edge technology research and application development. For example, they are collaborating with a university on research on the application of artificial intelligence in product quality testing to improve testing efficiency and accuracy. However, building a digital innovation ecosystem raises issues such as data security, intellectual property protection, and the distribution of benefits among all parties. Enterprises have established strict data security management regulations and intellectual property protection systems, clarifying data usage rights and intellectual property ownership for all parties. Furthermore, they are establishing a fair and equitable benefit distribution mechanism to fully mobilize the enthusiasm of all parties involved in innovation and ensure the stability and sustainable development of the digital innovation ecosystem.
2. Intelligent Operation Upgrade
Widespread application of artificial intelligence and machine learning in operations
Enterprises are widely applying artificial intelligence (AI) and machine learning (ML) technologies to improve operational efficiency and quality. In customer service, intelligent customer service systems are being introduced, leveraging natural language processing to automatically answer frequently asked customer questions, improving response speed and efficiency. For complex inquiries, these systems can automatically transfer calls to human agents and provide relevant problem analysis and solution recommendations, enhancing the service quality of human agents. In production operations, machine learning algorithms are being used to analyze production data to predict equipment failures, enabling proactive maintenance and minimizing downtime and lowering production costs. For example, by monitoring and analyzing equipment operating data in real time, the system can predict potential equipment failures within a certain period of time and issue timely warnings, prompting maintenance personnel to perform preventive maintenance. In supply chain management, AI technology is being used to optimize inventory management and logistics. By analyzing historical sales data, market demand forecasts, and transportation data, intelligent systems can automatically adjust inventory levels, optimize logistics routes, and reduce inventory costs and logistics expenses. However, the application of AI and ML technologies faces challenges such as low data quality and the need for improved model accuracy. Enterprises strengthen data cleaning and preprocessing to improve data quality, while continuously optimizing machine learning models to improve model accuracy and stability by increasing data volume and adjusting algorithm parameters.
My dear, there is more to this chapter. Please click on the next page to continue reading. It will be even more exciting later!