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Samyang Group Rebuilding ERP to Accelerate Digital Transformation Facebook Tweeter Print
Writer Administrator Hits 641 Date 2020.05.25

- Held a kickoff event for ‘Samyang Group Process Innovation Project’ on May 20… live-streamed in the group

- Beginning with ‘Work Innovation Project,’ which completely redesigns work procedures… to be completed in 2022

- “Digital transformation is changing the way we work. We can survive in the future if we completely design it anew.

 

▲ Chairman Kim Yoon of the Samyang Group emphasized the importance of digital transformation to employees in the ‘Samyang Group Process Innovation Project’ held on May 20 in Samyang Discovery Center, Pangyo.

 

 

Samyang Group (Chairman Kim Yoon) is rebuilding enterprise resource planning (ERP) to accelerate digital transformation and change the way of working. 

 

 

To establish ‘Global One ERP,’ Samyang Holdings announced in May that it launched the 'Samyang Group Process Innovation Project’ and held a kickoff event on the same day at the Samyang Discovery Center, Pangyo. To prevent the spread of coronavirus disease 2019 (COVID-19), this event minimized physical attendance and was live-streamed to employees in the group.

 

 

ERP is a business management system that accumulates data in business activities such as sales, production, accounting, and management central system and supports decision-making based on accurate information.

 

While Samyang Group has introduced and used ERP since 2001 as one of the very first companies to do so in Korea, the group decided to rebuild ERP due to growing importance of data and a rapidly changing work environment. This newly built ERP will integrate offices in Korea and other affiliates around the world under one system and increase efficiency with cloud technology. Furthermore, AI-based prediction analysis and mobile working process will be introduced to lead data-based work innovation.

 

 

Beginning with ‘Work Innovation Project,’ which redesigns work procedures, systems, and data to be in line with global best practices, Samyang Group is aiming to get this new ERP up and running in 2022 after establishing Korean entity system and connecting with the system overseas.

 

 

Chairman Kim Yoon emphasized employees’ active participation and willingness to change in the event, “Digital transformation is changing the way we work. We can survive in the future if we completely design the company’s process, system, and data anew.”

 

Currently, Samyang Group is seeking 8 initiatives for digital transformation. Rebuilding ERP is one of those 8 initiatives. The group is also nurturing data analytics experts and utilizing digital technology to respond to changes in research and development, production, and marketing. Plus, the group is seeking to expand robot process automation (RPA) with the goal of reducing 40,000 hours annually and using innovative digital technologies such as AI and big data to prepare for the future.

 

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