Fangtian Software signed a contract with Bear Electric Appliances, helping to become the first stock

2023-08-28

Molds are the mother of industry, and this is also true for home appliance companies. The timely supply and quality of molds directly affect product quality, cost, and new product development. The digital transformation of molds has become an industry consensus. By using digital products and services to form a home appliance ecosystem, the efficiency of R&D, production, marketing, and other links can be improved, and data analysis, efficient collaboration, and intelligent response can be achieved in each link to reshape core competitiveness.


By the end of 2022, Bear Electric Appliances will introduceMould MES systemThe project was formally approved and included in the group's annual budget.


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Bear Electric Appliances was established in March 2006 and was listed on the Shenzhen Stock Exchange on August 23, 2019. As an industrial company driven by the innovative business model of "creative small home appliances + Internet", Bear Electric Appliances has always maintained rapid and steady development, with an average revenue growth rate of more than 37% in the past five years. The company has built a three-level R&D system, 10 R&D teams, and a total of more than 300 R&D personnel. It develops more than 100 new products each year, and the compound growth rate of R&D investment in the past three years has been more than 60%. At present, the company has more than 60 categories, more than 500 SKUs, and a total of 5 major production bases. In addition, 1 billion yuan of funds raised from the listing will be used to build three intelligent production bases.


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As a well-known home appliance brand, Bear Electric Appliances stated that it must establish a long-term and stable supply chain cooperation relationship with a leading company in the software industry to determine common goals and business values.


After half a yearMould MES systemWith the selection, Bear Electric Appliances Co., Ltd. has finally ushered in a new milestone in the high-quality development of the company: In June 2023, Bear Electric Appliances and Fangtian Software held the mold MES system project launch conference, starting a new journey of digital transformation and upgrading.


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At the launch meeting, Bear Electric established the following five goals for the digital transformation of molds:

  • Group operation:Based on the value chain, realize efficient collaborative management within the group;

  • Mould project progress control:Transparent management of the entire project process and convenient tracking;

  • R&D and production integration:Standardize the processes of mold design, procurement, machining, clamping, and mold trial;

  • Workshop production efficiency:Based on machine networking, shorten the production cycle and achieve quality traceability;

  • Cost breakdown:Fast and scientific cost accounting shortens the monthly settlement cycle.


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Guangdong Fangtian Software Technology Co., Ltd. Xu ZefuGeneral managerHe said: "Fangtian Software has been deeply involved in the mold manufacturing industry for nearly 30 years and has rich experience in digital services. The strong combination with Bear Electric will greatly enhance its mold digital transformation."


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