In order to further drive digital transformation, and promote the implementation of China's plan on building Hangzhou as the First City with a Digital Economy in China, leaders of the Hangzhou Municipal Commission of Economy and Information Technology went to the business park of High Fashion (China) on 13 March to do a site visit regarding High Fashion's supply chain integration project. Ms Kathy Zheng, General Manager of High Fashion (China) and Secretary of Party Committee, Mr Ye Gonghui, Deputy General Manager of High Fashion (China) and the managers of High Fashion's digital transformation projects attended the meeting.
During the meeting, managers of High Fashion's digital transformation projects reported the progress of implementation, and elaborated on the blueprint and detailed plan of the project.
Based on the company's two-year strategic development plan, High Fashion launched its digital transformation project in 2018. Under the objectives of "Moving online, Data-driven, Intelligence and Automation", High Fashion already started to enhance its soft skills and hardware, and our progress is evident. The first stage was completed in 2018, including 9 projects touching on smart manufacturing, financial integration and internal control (human resources, finance, OA, etc.), basic databases, big data platforms, etc.
In 2019, High Fashion will step up its efforts to promote digital transformation, upgrade its core business and realise high quality development. The second stage will focus on three areas - smart manufacturing, supply chain management and big data platforms. A total of 25 projects are expected to be completed in this stage.
Ms Zheng explained that High Fashion's digital transformation is nothing like developing a simple digital infrastructure. It penetrates into all aspects of production and management of the entire industrial chain of printing and dyeing, garment manufacturing and retailing. These measures will greatly enhance the efficiency of the company's internal resource allocation and reduce internal transaction costs.
Therefore, not only should traditional manufacturing companies improve their competitiveness through digitalisation, but they should also realise that the role of digitalisation in companies has changed from being an extra change driver to a fundamental lynchpin. The support we receive from the government has been key to the successful implementation of High Fashion's digital transformation project.
Having listened to our latest progress, leaders of the Commission spoke highly of High Fashion's endeavours in its transformation and upgrading, and its unwavering pursuit for improvement. They also provided constructive advice on how High Fashion should seize future opportunities and tackle challenges along its pathway towards further digitalisation.
As a forerunner of the silk and garment manufacturing industry, High Fashion has the abilities, solid foundation and courage required for transformation and upgrading. The spirit of innovation lies at our core. We hope that through continuously pushing for digital transformation, High Fashion can become the benchmark of digital development and intelligent transformation within the silk and garment manufacturing industry.