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Tontec Leverages SAP Integrated Business Planning Solution’s Real-Time Analytics and Automated Forecasting to Bolster Supply Chain Management

20 Nov 2013 --- Businesswoman preparing presentation on graphical screens --- Image by © Monty Rakusen/Corbis

HONG KONG – March 8, 2023 — Tontec International, a global leader in the design and production of plastic injection molds and moldings, is taking its supply chain management to the next level with SAP Integrated Business Planning for Supply Chain (SAP IBP).

Working in sync with SAP S/4HANA Cloud, the cloud-based SAP IBP will enable the company to monitor and manage complex global supply chains and improve business planning decision-making with multiple scenario visibility, real-time analytics and automated workflow. With SAP IBP’s data-driven forecasting, Tontec will be in a position to reduce inventory and shorten order fulfillment cycles to improve customer service and save costs.

The SAP IBP deployment will kick-start Tontec’s digital supply chain transformation journey and bolster its leading position as a partner to enterprises in the global aerospace, automotive, industrial equipment, office appliances and medical devices industries. Headquartered in Hong Kong, Tontec operates 11 high-tech manufacturing plants worldwide, along with three development centers.

Through RISE with SAP, Tontec has implemented SAP S/4HANA Cloud to create an integrated global platform that leverages advanced machine learning algorithms and automation to enable greater product customization, faster delivery and consistent high quality. Tontec is now in the process of deploying the following SAP IBP modules to further improve its responsiveness and efficiency:

 “As a global leader in the design and production of plastic injection molds and moldings, Tontec is determined to transform towards Industry 4.0,” said Nelson Lam, President, Tontec. “Thus, it is imperative that our supply chain planning processes are harmonized on one platform. With SAP IBP, we can make use of real-time data from multiple functions and locations and align our planning with our financial targets in collaboration with customers and suppliers. This improves the accuracy of our forecasts and the efficiency of our planning processes to significantly impact our working capital, operating costs and income.”

Esmond Tong, Managing Director, SAP Hong Kong, said: “Fast and accurate business planning is vital for manufacturers in an operating environment that is more challenging than ever, with fluctuating demand, long supply lead times and logistics disruption. SAP IBP enables companies throughout the supply chain to handle these challenges and work together to be more agile and resilient. Market leaders like Tontec are leading the way to create an efficient and highly digitalized system with tangible business benefits.”

Learn more about SAP Integrated Business Planning for Supply Chain here or talk with us at +852 2150 2799.

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For more information, press only:

Mr. Benson Chao, Head of Communications, SAP Hong Kong
+852 2539 1947            benson.chao@sap.com

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