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Hongchang Dental - Henry Schein

Date:(2022/4/8)   Hits:625


BACKGROUND

Henry Schein Co., LTD, founded in 1932, is a global leader in the wholesale of medical products and services in the fields of oral and medical care. After nearly 90 years of rapid growth, the group has become one of the Top 500 companies in the United States in 2020 and topped Forbes' list of "The World's Most Respected Companies for 2019 and 2020". Known for its superior customer service and competitive value, the company serves more than 600,000 customers worldwide, including dentistry, through a centralized and automated sales network. As an outstanding team, Henry Schein has been named the world's most admired company by Fortune magazine for 14 consecutive years.

 

HCCK Company, as a joint venture of Henry Schein in China, was established in 1996. It is a large-scale supplier and service provider focusing on medical dental equipment, instruments, and materials. Since its establishment, the company has won the support and love of customers for its high-quality products and services and has been awarded "Quality Management Excellence Unit" by Wuhan Drug Administration for two consecutive years, and "Abide by Contract, Credit Enterprise" by Wuhan Administration for Industry and Commerce. Hong Chang Dental has become a major supplier of equipment, instruments and materials used by most hospitals and colleges in Hubei province.

 

ASSISTING BUSINESS & FINANCE INTEGRATION

The integration of business, finance and taxation has become an important trend in the future development of enterprises, which can realize the scientific development of financial management, tax management and business management of enterprises while optimizing the internal structure management. In addition, with the continuous expansion of group's scale, the financial management requirements are also correspondingly improved. In order to enhance the management of subordinate companies, the group headquarters should gradually improve the construction of the group's financial management system and establish a unified accounting system and management platform for the group.

 

Through preliminary communication and research, Huamei learned that Henry Schein Group takes Dynamics 365 F&O as the unified ERP platform of all branches in the Asia-pacific region, while HCCK currently uses the third-party system as the supply chain management platform and financial management. In the future, an ERP platform integrating finance and business will be established on Dynamics 365 F&O.

 

Based on Huamei’s solution of Dynamics 365 F&O and third-party system integration, the first phase project mainly realized the supply chain data docking between Dynamics 365 F&O and third-party system, and realized financial management in Dynamics 365 F&O. In this way, while further realizing standardized financial management, it will be a solid foundation for realizing the integration of industry and finance in the future.

 

SOLUTIONS

Real-time transfer of all process transaction documents of sales, procurement, and inventory in the existing system to Dynamics 365 F&O, and automatic completion of business operations such as receipt and delivery, billing, and inventory transfer according to the corresponding event time node. This requires that master data from existing systems also be transferred to Dynamics 365 to ensure data integrity and accuracy.

 

Further standardize financial management, strengthen financial group control. And through the seamless integration of master data and supply chain data, initially realize the integration of supply chain data and financial data, while conducting sales, procurement, inventory business, automatically generate financial vouchers and related transaction data.


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