ERP Upgrades Accelerate As Iot Drives Digital Transformation

ERP Upgrades Accelerate As Iot Drives Digital Transformation

This research report reveals that effectively leveraging Industrial IoT (IIoT) data is a key driver for digital transformation. However, only a few companies successfully integrate IoT data through their ERP software. The report emphasizes the need for companies to upgrade their ERP systems, invest in talent development, and formulate a clear digital transformation strategy to fully utilize IoT technology and enhance competitiveness. Companies should focus on seamless data integration and analysis to gain actionable insights from IoT data and optimize business processes.

Firms Adopt Digital Procurement to Optimize Supply Chains

Firms Adopt Digital Procurement to Optimize Supply Chains

This paper delves into the critical role of suppliers in the business supply chain, elaborating on supplier classification, tiered management, and the application of digital procurement systems in optimizing supplier management. By effectively classifying and tiering suppliers, and leveraging digital procurement systems, companies can better control their supply chain and enhance overall competitiveness. This includes improved risk mitigation, cost reduction, and enhanced collaboration with key suppliers, ultimately leading to a more resilient and efficient supply chain.

Digital Procurement Systems Cut Costs in Crossborder Ecommerce

Digital Procurement Systems Cut Costs in Crossborder Ecommerce

The demand for green procurement in cross-border e-commerce is increasing, posing challenges to traditional procurement models. The KEYFIL procurement system helps companies achieve efficient, low-carbon, and sustainable green procurement and enhance market competitiveness through multi-supplier management, flexible order splitting and consolidation, connection with logistics and financial systems, and multi-dimensional report analysis. It addresses the evolving needs of businesses seeking to integrate environmentally responsible practices into their global sourcing strategies.

Walmart Expands in Ankang with Localization Digital Push

Walmart Expands in Ankang with Localization Digital Push

This article delves into Walmart's layout and operational strategies in Ankang, highlighting its advantages in localization partnerships, digital upgrades, and cross-border business collaboration. Through initiatives like direct sourcing of fresh produce and traceability systems, Walmart is committed to providing Ankang residents with a more convenient and high-quality shopping experience. It showcases a successful paradigm of traditional retail's digital transformation, demonstrating how Walmart adapts to local needs while embracing technological advancements to enhance customer satisfaction and operational efficiency in the Ankang market.

Foshan Furniture Factory Expands Overseas with Digital Marketing

Foshan Furniture Factory Expands Overseas with Digital Marketing

This article analyzes a case study of a Foshan hotel furniture factory that achieved overseas order growth through a customized full-link marketing solution from Panshi Going Global. The solution centers around a WordPress website, integrating Google SEO, SEM, and social media operations to precisely reach target customers. This case demonstrates the crucial role of digital marketing in the transformation of traditional foreign trade industries. It also extracts replicable methodologies, providing valuable insights and lessons for other companies in the industry. The focus is on a holistic digital approach for measurable results.

Foshan Furniture Factory Boosts Exports Via Digital Marketing

Foshan Furniture Factory Boosts Exports Via Digital Marketing

An office furniture factory in Foshan, Guangdong, successfully transformed to independent overseas customer acquisition through a customized digital marketing solution by Panshi Going Global. Within a year, it generated hundreds of thousands of dollars in new overseas orders and doubled accurate inquiries. This solution, centered around an independent website, integrates SEO, SEM, and social media, providing a new model for digital transformation for foreign trade enterprises. It demonstrates the power of a holistic digital approach in boosting international sales and brand visibility.

US Pushes Digital Trade Transparency for Global Commerce

US Pushes Digital Trade Transparency for Global Commerce

The United States actively promotes the online disclosure of trade clearance information within the WTO framework. This initiative aims to enhance transparency, streamline procedures, reduce trade costs and time, and promote fair competition, ultimately creating a more efficient and transparent future for global trade. Aligned with the digital trend, this proposal lays the groundwork for the global digital transformation of trade and embodies the principles of openness, cooperation, and win-win trade.

Global Trade Adopts Datadriven Customs for Digital Shift

Global Trade Adopts Datadriven Customs for Digital Shift

International Customs Day 2022 focused on data-driven customs digitalization. This report explores the construction of a data ecosystem, emphasizing data culture and the importance of data quality. It analyzes the leading role of the World Customs Organization (WCO) in promoting data sharing and collaboration among customs administrations. The report highlights how leveraging data can enhance trade facilitation, improve risk management, and ultimately contribute to more efficient and secure global trade flows. It also discusses the challenges and opportunities associated with building a robust and sustainable data ecosystem for customs.

HS Code 54 Series Drives Textile Industrys Digital Shift

HS Code 54 Series Drives Textile Industrys Digital Shift

The HS codes in the 54 series cover a variety of textile-related goods, helping businesses optimize their international trade strategies and enhance market competitiveness. These codes represent the importance of industry standards and corporate compliance, serving as a key driver for the digital transformation of the textile industry.