Blog

Full Harvest for Tai Hing in 2023

Release time:2024-01-08 11:49:00

Since 1985s, Tai Hing has been committed to digital transformation, with the goal of management innovation, through information technology of cloud computing, BI analysis, and excellent performance assessment for staff, finally achieving the goal of improving product quality and employee working efficiency.

 

Digital Management

Microsoft`s BI system helps Tai Hing process lots of data about sales analysis, inventory analysis and consumer analysis.

 

Sales Analysis

Through analyzing consumer`s orders data, it can automatically offer the sales forecast report, valuable market insight, and help enterprises make more accurate sales decision.

 

Inventory Analysis

The availability of real-time information allows financial work to take advantages of larger context to deal with traditionally narrow profit margins, which ensures the maximum profit from the inventory investment. All these processes are dealt with through the cloud computing technology instead of traditional books and hardware, therefore the hardware and maintenance costs are reduced.

 

Consumer Analysis

By accessing real-time consumer demand pattern information, enterprises can accurately match inventory with consumer`s orders, which will greatly increase customer satisfaction. It can also forecast the seasonal peak and marketing trend to help enterprises plan the inventory levels reasonably for each quarter or certain period to match consumer demand.

 

Staff Excellent Performance Assessment

Staff excellent performance assessment includes PPV evaluation system(personal production value), point system, KSF performance system and project partner system.

 

PPV Evaluation System

In the past year, Tai Hing all staff successfully improved their working efficiency and project quality. PPV evaluation system aims to motivate staff work more efficiently and actively, with the goal of `more work, more pay and result oriented`. PPV evaluation system increased Tai Hing`s competitiveness and provided the best service for customers.

 

Point System

Staff can apply B/C/D point and coupon based on their working performance. Staff with higher point will get `Excellent Employee Award` in the commendation conference. Besides, employee can participate in the draw activity by using their coupon. Point system motivates all employee work more efficiently and improve their working performance.

 

KSF Performance Evaluation System

KSF system aims to motivate employee work hard and therefore improve their working performance and theirs salary. Finally, KSF system promotes business development and achieve sustainable development goal.

 

Project Partner System

Tai Hing`s R&D team and production department has successfully completed the optimization project of tapered brush filaments production process, which totally exceeds the expected goals.

 

The project successfully reduced the product`s loss rate by up to 12%. This improvement not only greatly increased the competitive advantage of tapered filaments, but also allowed customers to enjoy more favorable price and high-quality products, achieving win-win prospect.

 

The core concept of this system is that each member jointly bears risks and pressures by investing their own project initiation funds.

 

After the successful implementation of the project, all participants will share the fruitful results of the added value of project together.

 

Project partner system successfully motivated employee`s working attitude and improved their working performance, finally finishing high-quality project. It achieved the goal of shared management among all employees and each employee can get corresponding compensation based on working performance.

 

Management System Integration

In the past year, through the continuous improvement and optimization of "R & D, quality control, warehouse management, production, sales" and other aspects of the process, such as `streamline the number, improve the efficiency of nail approval, optimize the interface of the approval form` and other initiatives, Tai Hing`s digital management successfully improved staff efficiency, strove to achieve the whole process online, and maintained the competitive advantage of enterprises.

 

In 2024, we will continue to explore new business areas and service modes, continue to maintain this full enthusiasm and innovation power, meet new challenges and embrace new opportunities with higher standards, stricter requirements and more pragmatic style. Let's work together to create a better future.

Facebooktwitterredditpinterestlinkedinmail
TOP