XinxinKft
Why SAP?
• SAP S/4HANA® Cloud to provide cloud ERP and support applications with diversified end points • Support for rapid business development and the requirements of fast deployment, continuous updates, and low-cost operations • SAP® Preferred Success services to provide a strong cloud culture and continuous coaching support • Customer care for SAP S/4HANA Cloud, which helped solve problems during implementation
Consumer Products | China SAP S/4HANA Cloud Public Edition and SAP Preferred Success
By running direct wholesale stores in six countries Founded in 1991, Europe Xinxin Kft (Xinxin), once known as China’s “King of Socks,” is now the country’s leading clothing company. It combines manufacturing, export, and overseas distribution for an even greater global reach, and it has expanded its product range to include jeans, outerwear, underwear, and sportswear. The company’s annual sales reaches Y 700 million (US$108.1 million). To continue growing in overseas markets, Xinxin sought to address challenges in security and data analysis by updating its IT system. The company hoped IT enhanced by cloud ERP would lead a high- quality digital transformation project and move Xinxin toward becoming an intelligent enterprise. “ SAP systems are very rigorous and stable. SAP S/4HANA Cloud provides us with a digital foundation for future growth. It helps us build various capabilities that match our future development needs of the digital era. ”
31.6% Increase of underwear sales in Polish stores, from 31.625 million units in 2019 to 41.169 million units in 2020
30% Reduction in inventory,generating indirect profits of several millions
Challenges
• Complex system landscape & integration. No Single source of truth • Poor inventory planning & accuracy
Outcomes
CIO, Europe Xinxin Kft -Teng Yongzhong,
• Optimized operations, inventory and supply chain management • Improved decision-making • Reduced Costs • Increased revenue growth
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