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Construction Industry
Achieve multi-level collaboration management throughout the entire project lifecycle, improve resource utilization, reduce project risks, and leverage intelligent applications to drive the development of forward-looking business models that reshape market competitiveness.
Key Challenges in the Construction Industry
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Inefficient project collaboration management
Project management is fragmented, with information gaps at multiple levels, leading to numerous issues. The financial management system is outdated, leading to slow approval flows, delays in cash flow, and significant pressure. Revenue and expense data are not synchronized, the debt ratio remains high, and operational risks continue to grow.
Rising Costs, Shrinking Profit Margins
Labor, material, and management costs continue to rise, driving up the overall operating costs for construction enterprises. However, resource utilization is not high, coupled with a highly competitive industry environment, resulting in a decline in profits.
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The low level of asset digitization
Enterprises manage personnel, materials, and cash through hierarchical reporting, which causes delays in information transmission and discrepancies. This leads to a lack of valid data to support business decisions during full-chain collaboration management.
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Difficult Industry Collaboration
Partner enterprises operate on independent databases and engage in frequent industrial interactions, which makes collaboration, operations management, and digital transformation challenging. Their data governance and management capabilities remain underdeveloped, and many still cling to unrealistic expectations about traditional business models, resulting in a wavering commitment to digitalization. They lack systematic digital planning, leading to a "patchwork" situation. As a result, their data systems continue to develop in silos, lacking sustainability and strategic focus.
Solutions for the Construction Industry
Digital solutions for construction enterprises are based on the concepts of project management, enterprise operations management, and supply chain management. They provide a lifecycle management solution for projects, spanning operation, bidding, engineering design, and completion management. This integration enables integrated control over personnel, finance, and taxation for construction enterprises, significantly improving the operations management of engineering projects.
Construction solutions from Kingdee and our partners
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Opportunities and bidding: Standardize operations, improve efficiency, mitigate risks, and digitize operations
Through standardized project management, significantly reduce opportunities for covert activities in potential projects, help decision-makers identify high-value projects, and improve operational efficiency and quality for enterprises through digital management.
- Standardized and transparent management
- Prevention of high-value projects from falling through
- Secure and efficient digital management of certificates
- Digital management of opportunity information to protect assets
Digital design: Seamless integrate with workflows, minimize changes, reduce costs, and improve efficiency
Based on Kingdee Cloud Constellation and using standardized design documents and an integrated management system, standardize drawing connections across departments, prevent economic risks caused by information gaps, and regulate cost management from the source, ensuring that every cost is traceable to its source.
- Standardized design documents
- Integrated drawing management
- Dual-plan coordination system
- Integration of design, cost, and construction
Plan management: Coordinate tasks, maintain control over progress, and improve quality and efficiency
Based on the operational objectives and project PDCA of the enterprise, efficiently develop project goals, promote cross-functional collaboration, consolidate project outcomes, issue alerts for potential progress risks, ensure each function achieves its progress goals, help improve project quality and efficiency, and help the enterprise achieve effective communication and refined management.
- Key node plans, master plans, special plans, department plans, personal weekly plans, and other multi-level plan management models enable refined management.
- Prevent progress risks through alerts and assessment schemes to ensure progress goals are achieved.
- Create a PDCA cycle for plan management to drive continuous improvement and boost quality and efficiency.
Cost management Strengthen cost control to maximize profit
Based on Kingdee Cloud Constellation, the cost management system is designed to meet the management requirements of multiple project types. It simplifies cost settlement and supports dynamic cost monitoring and earned value analysis. With multi-dimensional, multi-calculation cost control and comparative analysis, it helps enterprises strengthen cost control and maximize profit.
- Meet the project management requirements of different project types and management levels.
- Quick accumulation and auto allocation of cost data.
- Linked management of costs to enable dynamic monitoring of the entire cost process and earned value analysis.
- Multi-dimensional, multi-calculation analysis to break down costs and trace them back to the source.
Procurement management: Multiple scenarios, fast flows, high quality, and cost savings
Support procurement models for multiple scenarios, digitize the entire procurement process, and ensure clear responsibilities and rights, transparency, confidentiality, quick approvals, and fairness throughout.
- Support procurement models for multiple scenarios, such as centralized purchasing, strategic purchasing, and material company purchasing.
- Customized purchase methods, implementation of enterprise purchase management policies, and efficient collaboration in purchase processes.
- Intelligent supplier assessment, material inspection, and strict quality control of purchases.
- Help enterprises reduce costs and increase efficiency using various methods, including customized purchase price control, bid invitation lists, and comprehensive supplier profiles.
Contract management: Convenient management, risk prevention and control, and effective control
Kingdee Cloud Constellation provides enterprises with powerful customization features that meet their management needs of various contract scenarios. It allows enterprises to customize standard contract templates to strengthen contract control. By linking revenue/expense contracts and deeply integrating with financial and business systems, it helps enterprises achieve effective revenue/expense control, giving managers clear visibility into business processes and financial data.
- On-demand configuration to meet the needs of various business scenarios.
- Define contract templates to strengthen risk control.
- Comprehensive control, with expenses determined by income.
- Deep integration of business and finance.
Material management: Precise control of purchase plans and dynamic, real-time visibility into inventory
Establish an integration for contracts, costs, and materials, reasonably control the purchase budget, and standardize the material requisition mechanism through dynamic inventory control. Align purchase plans with the output plan to prevent unreasonable use of cash, ultimately achieving dynamic supervision of the entire procurement process through deep integration of finance and taxation.
- Independent control of volume and price
- Dynamic inventory control
- Purchase plan control
- Dynamic full-process supervision
Quality management: Minimize quality risks, prevent cost waste, and reduce invalid input
Using a pre-control system, predict potential project risks to prevent quality risks; support horizontal comparison of project indicators to provide targeted decision-making support for quality inspection and control; analyze the quality of each operation, develop response policies in advance, and optimize costs across multiple dimensions.
- Establishment of a quality pre-control system
- Project quality analysis
- Operation quality analysis
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Project fund management: Flexible control, collaborative fund management at the project and enterprise levels, and mitigation of capital chain risks
Based on Kingdee Cloud Constellation, establish a fund control system that manages the entire flow from contracts to financial payments, meeting the diverse needs of enterprises across different payment scenarios and types. Allow enterprises to flexibly define control policies, adjust cash flow requirements, and support collaborative fund management at the project and enterprise levels, making project fund management more efficient.
- Multi-node fund control system
- Diversified fund business scenario
- Custom control
- Cash flow plan integration and multi-level collaborative control
We make the visons of our customers come into reality
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Das Intellitech collaborates with Kingdee to monitor project costs in real time against the bill of quantities, triggering alerts for excess costs and enabling dynamic cost control. In cases of excess purchases, different procurement flows are implemented based on the overrun amount. Project costs and revenues are tracked in real time, and the project profit is monitored and compared with the target profit, allowing for prompt identification of risks of declining profit.