APAC CIO Outlook is a print magazine media that provides a communication platform for CIOs, CTOs and other senior management decision makers of IT buyers and CXOs of solution providers. It shares the experience, wisdom and suggestions of the IT community in the Asia-Pacific region. 

Entroyi successfully ranked among the TOP10 procurement consulting service providers in the Asia-Pacific region in 2020 "APAC CIO Outlook". It is not only the embodiment of the company's own technical strength, but also the company's emerging horn in the procurement service industry. So what exactly does Entroyi Technology do? Why can it stand out among many companies?

In fact, Entroyi Technology itself contains the DNA of decades of world-class enterprise architecture service experience. After several years of localization in China, it has become one of the top enterprises in China's digital transformation technology service company. The business covers the world, and it has provided services to more than 260 large-scale corporate customers such as Kangmei Pharmaceutical, Creative Home, Lingnan Group, Greater China Hotel, Kanglai Hotel, and has more than 30,000 high-quality supplier resources.


What exactly does Entroyi Technology do?
ENTROYI focuses on the intelligent management of the global supply chain, providing companies with comprehensive solutions for the supply chain system from procurement to end consumers, meeting the diversified supply of corporate procurement management, marketing channels, intelligent traceability, and big data management. Chain management help companies carry out digital transformation and upgrading of supply chains, reduce costs and increase efficiency, and improve corporate competitiveness.


What can Entroyi provide to customers?
1) Procurement platform: a collaborative tool that helps companies to manage their procurement digitally
EntroBuy (Entroyi Procurement Platform) is a SaaS-based digital procurement collaboration platform. Through systems such as procurement inquiry, bidding, tender, Entroyi enables internal and external collaboration of all processes in the interaction between buyers and suppliers. Covering functional needs of all procurement scenarios, Entroyi enables enterprise digital transformation to reduce the cost and increase efficiency in their supply chain processes.
 
2) Consultation service: provide professional digital solutions
The Entroyi consulting team will make a diagnosis based on the specific situation of the enterprise and propose targeted digital procurement solutions to help the enterprise carry out group procurement management, master data management, supplier life cycle management, and optimization of the procurement organization business system, etc. Exclusive White Paper on digital procurement, to form institutionalized procurement specifications.
 
3) Data analysis: mining data value for scientific decision
Entroyi is able help the enterprises identify expenditure risks and improve the procurement expenditure data management system by building a supply chain business data center, constructing a procurement data asset catalog, multi-dimensional knowledge mining, and visual data analysis.

 

What are some of the challenges that you see within the procurement landscape and how does Entroyi address these hurdles?
1) Procurement efficiency
Challenge: the general procurement process of the buyer is to send the procurement requirements to different suppliers, and then to summarize the supplier quotation information, make a table and report to the supervisor. If the supplier's feedback is slow sometimes, you need to call, send text messages, send e-mail and other means to communicate, the buyer's work is trivial and numerous, and the efficiency is not high;
Solution: Through the Entroyi Platform, the buyer only needs to upload the procurement requirements and the supplier will go online to quote. The buyer only needs to see the results in time. In addition, the buyer does not need to report to the supervisor one project by project and the supervisor can log in the system and review all the purchase prices and process. If the supplier forgets to quote, the system will automatically send a message through the WeChat or mail to remind the them, which will greatly improve the efficiency of procurement;

2) Cost
Challenge: every buyer hopes their purchase cost can be reduced to increase their profit;
Solution: Entroyi mainly helps enterprises reduce costs through two ways:
a. Help enterprises realize business process automation to save costs, simplify mechanized work, open up information flow, save time, improve efficiency, and save labor costs;
b. Reduce enterprise procurement cost by constructing a competitive environment for suppliers, continuously optimizing suppliers, improving procurement cost performance and reducing actual procurement costs through centralized procurement;
 
3) Legal compliance
Challenge: the procurement business is an important part for corporate capital expenditures, where there may be some gray areas that cause losses;
Solution: By using Entroyi Platform, all processes are carried out on the system, each supplier quotes online, the buyer will award the project via the platform, each step is clearly recorded. The auditor can review all records in the platform. In addition, our tender system has a multi-person unlocking function. After the supplier submits the bidding documents, only after multiple users enter the unlock password then the buyer could review all the submitted documents which could make it more transparent;
 
4) Supplier management
Challenge: in large enterprises, the supplier resources of each subsidiary are distributed in different enterprises, and the supplier resources cannot be shared, which may cause repeated work;
Solution: using Entroyi platform, the group's supplier resources can be gathered for resource sharing. In addition, the platform can perform full lifecycle management from recruitment, qualification certification, introduction, performance evaluation to abolition and withdrawal of suppliers. Suppliers compete in a fair environment, constantly update and optimize supplier resources, and better serve the enterprise;
 
5) Data management
Challenge: Many companies need to make a variety of forms in the procurement process. The procurement staff spends a lot of time to summarize the data, but often cannot further explore the value of them;
Solution: By using Entroyi platform, all data will be automatically collected, and various reports will be automatically generated. The administrator only needs to log in to the system to query directly. Moreover, the data can be compared in different dimensions, such as the price of a product, the price of each purchase can be queried through the system, which is difficult for humans to do, or it needs a lot of manpower and material resources to achieve. Through the system, various reports can be simply summarized to further mine the value of data.
 

Why can it stand out among many companies?