Molding development and management for manufacturing procurement
Molding accounts for one of the largest areas of expenses in mass manufacturing. Our Mold Management System helps companies drastically reduce these expenses by integrating procurement, development and asset management within the molding value chain into a single, cohesive ecosystem through SAP BTP.
Overview
Experience 8-10 percentage reduction in mold procurement expenses
By consolidating all the necessary asset information for mold development and management into one integrated solution, our solution helps streamline processes and lower expenses caused during mold procurement and management. This includes everything from purchase orders to mold inspections, remodeling, repairs, replacements, and discards.
Leverage DX technology to analyze and manage mold spending effectively
The integration of cutting-edge DX technology such as IoT, GPS, and QR allows instant confirmation of the mold's valid lifespan. This enables a timely response and effective management of mold spending in areas of new mold development, remodeling, and repairs.
Reduce manual labor time for procurement managers by up to 1,700 hours
Significantly reduce labor-intensive tasks associated with mold asset due diligence, evaluation, and reporting through real-time location tracking for molding equipment, spread across numerous domestic and international manufacturing factories.
Details
Solution type
Extensions and Add-ons
Industry
Cross-Industry, Automotive, Industrial Manufacturing, Engineering, Construction, and Operations, High Tech
Compatibility
Works with
Features
Integrate Mold Development Management within a unified ecosystem
Determine and analyze competitive production costs through detailed information on processed materials required in mold development, such as press dies and injection molds. Additionally, monitor the status of supplier quotations and mold development after a purchase order has been issued.
Manage the lifespan of Mold assets through repairs, remodels and inspections
Consolidated results from Mold Due Diligence supply critical information for asset management, such as inspection, remodel, and repair history. This process helps identify the current lifespan of the mold and allows timely decision-making on when to replace or discard the mold.
Conduct quick and easy Mold asset due diligence
The GPS embedded in the QR code of individual Mold Asset allows effortless tracking of Mold Equipment spread across multiple locations. The mobile app enables mold asset due diligence, inspection, evaluation, and real-time monitoring of aggregated results without restriction to time or location.
Plans and pricing
Procurement Mold Management
Based on customized level reflecting your needs
Price upon requestBased on customized level reflecting your needs
Subscription Condition
[Onboarding] - Pre-setup process - Setup of infrastructure, basic information, and other linked work areas - Varies depending on requirements and legacy size and is charged separately for one time
[Infra] - Use SAP BTP as basic infrastructure - SAP BTP costs vary depending on the number of users and data processing, so will be billed monthly after separate discussion.
[Ariba] - Interface with Ariba SLP, Sourcing, Contract - When using Ariba, separate interface development and setup changes are required. - Ariba license not included, separate purchase required
[Subscription fee] - Monthly billing per user - Users are divided into purchasing managers who perform mold work and other users, with a minimum of 5 users each. - See Revenue/Price below
Price unavailable in this region[Onboarding] - Pre-setup process - Setup of infrastructure, basic information, and other linked work areas - Varies depending on requirements and legacy size and is charged separately for one time
[Infra] - Use SAP BTP as basic infrastructure - SAP BTP costs vary depending on the number of users and data processing, so will be billed monthly after separate discussion.
[Ariba] - Interface with Ariba SLP, Sourcing, Contract - When using Ariba, separate interface development and setup changes are required. - Ariba license not included, separate purchase required
[Subscription fee] - Monthly billing per user - Users are divided into purchasing managers who perform mold work and other users, with a minimum of 5 users each. - See Revenue/Price below
Technical Information
| Solution type | Extensions and Add-ons |
| Category | Application Development and Automation |
| Industry | Cross-Industry, Automotive, Industrial Manufacturing, Engineering, Construction, and Operations, High Tech |
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The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
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The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
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| Privacy policy |
SAP's privacy policy is not applicable to the use of this app. Please refer to the privacy policy provided by this app's partner. |
Resources
Procurement System Brochure
Customer Success Story
Procurement System Key Features
Procurement System Webpage
Publisher
LG CNS Co., Ltd.
LG CNS is a leading provider of digital transformation (DX) services. We are driven by an unwavering Commitment to our clients' business success. Our cutting-edge Technology keeps our clients ahead of the curve ― enabling them to seize new opportunities and consolidate market leadership. Our team of industry-leading experts works collaboratively with our clients to address their unique challenges, craft tailored solutions and create tangible business value. As a global DX leader, our relentless pursuit of innovation and passion for excellence allow us to both transform client experiences and fuel their Growth.
