Article & News

At the 8th SCOM China Conference, ESiC Technology’s e-Sourcing platform captivated supply chain professionals with its procurement strategy tools and innovative NPI module, setting a new benchmark for intelligent procurement systems.

A volunteer-led ISMCHINA research team, including ESiC professionals, surveyed 207 Chinese enterprises to analyze procurement’s digital transformation, revealing that while 90% view it positively, only 15% achieve success—with AI adoption and talent gaps as critical challenges.

The ISMChina Digital Transformation Research Project, culminating in a featured presentation at the 2021 ISM World Summit, revealed critical insights into China’s supply chain digitization—highlighting top-down strategy, cultural shifts, and emerging technologies as keys to success, with Schneider Electric and NIO executives sharing real-world applications.

The ISMChina research project revealed that while 74% of Chinese manufacturers pursue digital transformation for efficiency gains, only 15% achieve success – with supply chain digitization leading the way, yet talent gaps and unclear strategies remain major hurdles, as highlighted in Schneider Electric and NIO’s case studies presented at ISM World 2021.

At ISM World 2021, Schneider Electric and NIO revealed how customer-centric digital strategies drive success—from Schneider’s agile global supply chain to NIO’s born-digital car ecosystem—while ESiC’s CEO highlighted how SRM systems empower procurement’s strategic value in the data era.

The 2023 Munich Shanghai Electronics Fair showcased China’s maturing electronics supply chain, with 1,600+ exhibitors covering nearly all industry segments, though sluggish demand and intense domestic competition highlighted market challenges, while foreign participation remained limited post-pandemic.