Manshi Investment Group Co., Ltd. (“Manshi Group”) is a multi-industry enterprise integrating energy, logistics, real estate, cultural tourism, and healthy food, and is recognized as one of China’s top 500 energy companies as well as a benchmark private enterprise in Inner Mongolia. In 2021, Manshi Group partnered with Yonyou to implement a digital transformation project covering core areas such as financial accounting, expense control, treasury management, supply chain, enterprise performance, human capital, and asset management. They also established a shared services center to integrate all business finance operations. The unified intelligent platform enables cross-functional collaboration, providing data-driven support for operational management from multiple dimensions. Procurement, as a key part of the supply chain, plays a pivotal role in this system, successfully creating an end-to-end intelligent procurement ecosystem. This system covers everything from demand submission to payment settlement, setting a new benchmark for intelligent transformation in the coal industry.

01 Breaking the Mold: Reflections on Intelligent Transformation in the Energy Sector

Founded in 1991, Manshi Group has grown into a large private enterprise with multi-industry collaboration spanning energy, logistics, real estate, cultural tourism, and healthy food. Its energy sector produces and sells over 20 million tons of high-quality thermal coal annually, with significant achievements in clean and efficient coal utilization. As the business expanded, traditional procurement models began to show limitations, highlighting common challenges in digital supply chain management for energy companies: low digitalization and online procurement levels, insufficient centralized and intelligent procurement and inventory, weak coordination across multiple business units, and a lack of upstream-downstream collaboration and ecosystem integration.

Facing these challenges, the core demands for intelligent transformation in energy supply chain management are clear:

• Enhance digital and online procurement and supply chain capabilities;

• Strengthen procurement risk management to mitigate potential compliance and financial risks;

• Innovate operational models to upgrade procurement and warehouse services, improving efficiency;

• Deepen IoT applications for mobile, visualized, and intelligent WMS/TMS;

• Explore industrial internet models to strengthen upstream-downstream collaboration and integrate ecosystem resources.

02 Building a New Intelligent Procurement Ecosystem with YonBIP Enterprise AI Full-Stack Cloud

After extensive discussions and research, Yonyou collaborated with Manshi Group to develop an intelligent procurement solution tailored to its business needs. This solution focuses on six core procurement management areas:

1. Managing Categories and Supplier Resources: Unblocking Coordination through a Unified Data Foundation

Standardizing materials and supplier data solves the previous issues of scattered records and redundant data, laying a solid foundation for subsequent business-finance collaboration. Information that previously had to be entered across multiple systems is now maintained once, reducing errors from the source.

2. Managing Procurement Sourcing and Operations: Full-Chain Intelligence for Visible Progress

Manshi Group’s procurement involves the Material Supply Department (centralized and distributed procurement execution) and a General Department, with each supply station and subsidiary participating in demand collection and acceptance. The YonBIP Procurement Cloud digitalizes end-to-end procurement—from demand submission, sourcing and pricing, order issuance, goods receipt, to payment settlement. All departments can track progress in real time, greatly improving transparency and efficiency in procurement sourcing and fulfillment.

3. Supplier Collaboration: Multi-Platform Integration to Solve Communication Gaps

To address communication bottlenecks, a dual-platform system (WeChat and YouSpace) was implemented, allowing suppliers to receive real-time order updates and tasks. This improves collaboration efficiency and strengthens dynamic supplier resource management.

4. Risk Control: Order Amounts as a “Safety Valve” for Payments

Compliance is critical in procurement. An intelligent payment control mechanism ensures settlement amounts are automatically compared against purchase orders, triggering real-time alerts for any discrepancies. This mitigates overpayment risks and provides a technical safeguard for financial compliance.

03 Value Reimagined: From Efficiency Enhancement to Strategic Upgrade

Following implementation, Manshi Group’s procurement management has been upgraded from operational execution to strategic collaboration. YonBIP’s “Domain Cloud Deep Collaboration” architecture provides an extensible, highly integrated intelligent procurement foundation:

• Management Improvement: Standardized processes and shared data free procurement staff to focus on strategic sourcing and supplier management;

• Process Optimization: Digital end-to-end workflows shorten business cycles, integrating demand, procurement, fulfillment, and settlement;

• Collaboration Optimization: Standardized cross-departmental workflows enable real-time online updates to changes, avoiding offline processing errors;

• Resource Sharing: The finance shared service center automatically retrieves procurement data for seamless business-finance integration, improving reconciliation and settlement efficiency.

Looking ahead, Manshi Group will deepen its strategic partnership with Yonyou, leveraging YonBIP Enterprise AI Full-Stack Cloud to expand intelligent scenarios and drive the energy industry toward safer, more efficient, and greener operations. Yonyou will continue to empower enterprise transformation through technological innovation, helping industry leaders like Manshi Group seize opportunities in the intelligent era and achieve high-quality development.