en.Wedoany.com Reported - Emro announced on the 29th that it has secured a project to build Kolon Industries' next-generation procurement portal system. The project aims to leverage artificial intelligence to intelligently upgrade the entire process—from strategic procurement and development procurement to procurement execution and supplier management—to simultaneously ensure cost competitiveness and supply stability, achieving an intelligent procurement system.
The core of the project is to build a next-generation portal that integrally supports Kolon Industries' overall procurement process, covering strategic procurement, development procurement, procurement execution, and supplier management. Through this project, Kolon Industries plans to strengthen its strategic procurement capabilities and achieve structural process innovation.
Emro will implement an integrated procurement process reflecting the characteristics of the materials and chemicals industry. By analyzing internal and external data for various procurement categories, it will formulate optimal procurement strategies for each category and support continuous strategic procurement activities. Considering the industry's high volatility in raw material prices, the project will focus on simultaneously improving supply chain stability and cost competitiveness.
Development procurement functions will also be strengthened during the product development phase. If raw material changes are required in the new product design process, artificial intelligence will be used to quickly find alternative materials and simulate expected material costs, aiming to enhance both product competitiveness and price competitiveness. In procurement execution and supplier management, Agentic AI will be applied. The system will collect and share news related to supplier risks in real time to proactively address supply chain risks, and automate major procurement tasks to improve work efficiency and accuracy.
Emro plans to complete the construction of the next-generation procurement portal in the second half of this year after system analysis, design, development, and integration testing. Through this project, the company will also strengthen its offensive in the manufacturing supply chain management market based on its AI technology capabilities in the procurement field. An Emro official stated that the project integrates best practices accumulated in the materials and chemicals field, global standard procurement functions, and procurement-specific Agentic AI technology, combining procurement expertise and technical prowess, and will make every effort to successfully realize Kolon Industries' intelligent procurement innovation.
This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com
