Younglimwon Soft Lab, an ERP specialist company, announced on the 14th that it has signed a strategic partnership with DM Tech Consulting, an integrated manufacturing management platform company.
At the business agreement signing ceremony held at Younglimwon Soft Lab’s headquarters on the 12th, executives and employees of both companies, including Younglimwon Soft Lab Vice President Park Yoon-kyung and DM Tech Consulting CEO Hwang Soo-jung, attended.
DM Tech Consulting is a company that provides solutions in the smart manufacturing field. A variety of technologies are being distributed, including AI-based virtualized factories, production process management systems (MES), groupware, real-time production line monitoring (LMS), and manufacturing information collection (Edge).
Younglimwon Soft Lab provides ERP solutions based on over 30 years of business experience. Since introducing the first Korean-style ERP in Korea, we have secured over 2,500 domestic and foreign customers through customized ERP solutions specialized for each industry.
Through this partnership, both companies plan to strengthen their enterprise resource planning (ERP) solutions optimized for the manufacturing industry supply chain market. Younglimwon Soft Lab plans to integrate DM Tech Consulting’s smart manufacturing system and groupware into its ERP solutions, ‘K-System Ace’ and ‘System Ever’.
Soo-jeong Hwang, CEO of DM Tech Consulting, said, “We are pleased to be able to provide solutions optimized for the manufacturing industry supply chain through cooperation with Younglimwon Soft Lab.” He added, “Through this strategic partnership, we will maximize the performance of our clients and strengthen their competitiveness in a more efficient manner. “We will provide services,” he said.
Park Yoon-kyung, Vice President of Younglimwon Soft Lab, said, “With this partnership, we will go beyond a simple management tool and play a key role in promoting digital transformation (DX) at the production site.” He added, “This cooperation will help customers utilize ERP functions more efficiently.” “I look forward to realizing innovation in maritime management,” he said.
The two companies plan to hold a joint webinar starting at 2pm on the 27th under the theme of ‘Smart Manufacturing Innovation: Case Analysis of Integrated Management of ERP and MES’.
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Reporter Ji Hee-su [email protected]
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What are the benefits of integrating ERP solutions with smart manufacturing systems?
Interview between Time.news Editor and ERP Expert
Editor: Good afternoon, and welcome to this special segment of Time.news. Today, we are pleased to have with us Park Yun-kyung, the Vice President of Younglimwon Soft Lab, a leading company in ERP solutions. Thank you for joining us, Mr. Park.
Park Yun-kyung: Thank you for having me. It’s a pleasure to be here.
Editor: Let’s dive right into it. Younglimwon Soft Lab recently signed a strategic partnership with DM Tech Consulting. What motivated this collaboration?
Park Yun-kyung: The manufacturing industry is undergoing significant transformation, especially with the integration of smart technologies. By partnering with DM Tech Consulting, we can combine their advanced manufacturing solutions, like AI-based virtualized factories and production process management systems, with our industry-specialized ERP solutions. This synergy enables us to offer a more comprehensive suite of tools that optimize the manufacturing supply chain.
Editor: That’s an interesting point. You mentioned the integration of DM Tech’s systems into your ERP solutions, specifically the ‘K-System Ace’ and ‘System Ever’. Can you elaborate on how this integration will enhance efficiency for your clientele?
Park Yun-kyung: Absolutely! Integrating DM Tech’s smart manufacturing systems with our ERP solutions means that clients will experience a seamless flow of information between their manufacturing processes and resource planning. For example, real-time production line monitoring allows for better decision-making based on up-to-date data, which can lead to reduced downtime and increased productivity. Essentially, we’re not just providing tools, but enabling a significant digital transformation at the production sites.
Editor: Digital transformation is a buzzword these days. How do you believe this partnership specifically contributes to driving that change in the manufacturing sector?
Park Yun-kyung: The partnership represents a shift from conventional management tools to a more integrated approach to operational efficiency. By leveraging data analytics from both manufacturing execution systems and ERP, we empower our clients to make informed decisions quickly. This not only enhances performance but also boosts competitiveness in a rapidly evolving market.
Editor: That sounds promising. Now, looking ahead, what are some of the immediate plans you have post-partnership?
Park Yun-kyung: One of the first initiatives is a joint webinar we’re holding on the 27th, titled ‘Smart Manufacturing Innovation: Case Analysis of Integrated Management of ERP and MES.’ This will allow us to share insights and case studies on how our integrated solutions can drive innovation and efficiency in real-world scenarios. We believe that knowledge-sharing is vital for progress in this landscape.
Editor: That’s a fantastic initiative! In your view, what are the biggest challenges that companies face when trying to implement smart manufacturing solutions?
Park Yun-kyung: One major challenge is resistance to change within organizations. Many companies are accustomed to traditional practices, so embracing new technologies and workflows can be daunting. Additionally, there’s the issue of interoperability between existing systems and new solutions. Overcoming these hurdles requires strong leadership, a clear vision, and often a cultural shift within the organization.
Editor: Indeed, transformation can be challenging. what message would you like to convey to manufacturers considering this shift toward smart manufacturing and ERP integration?
Park Yun-kyung: I would say, don’t hesitate to start the journey because the benefits are substantial. Embrace the changes and invest in partnerships that can guide you through the process. Digital transformation might seem overwhelming, but with the right tools and support, it ultimately leads to sustainable growth and efficiency.
Editor: Thank you, Mr. Park, for sharing your insights today. It’s clear that this partnership between Younglimwon Soft Lab and DM Tech Consulting has the potential to significantly impact the manufacturing industry.
Park Yun-kyung: Thank you for having me. I look forward to seeing how this collaboration evolves and benefits the industry.
Editor: And thank you to our viewers for tuning in! Stay informed with Time.news as we continue to explore the latest developments in technology and innovation.