Qinghe Electric Executive Team Leads Learning Initiative to Explore Procurement Cost Reduction and AI Empowerment
Qinghe Electric News – As a leading enterprise with over three decades of expertise in transformer manufacturing, Jinan Qinghe Electric Co., Ltd. has consistently adhered to an innovation-driven development philosophy. Recently, Chairman Wang Qinbo and General Manager Sun Furong personally led the entire procurement department in a specialized training program titled "Procurement Cost Optimization, Win-Win Negotiation Strategies, and AI Technology Applications," aiming to empower supply chain upgrades with digital thinking and initiate a new chapter in cost reduction and efficiency improvement.
The training focused on three core pillars:
Scientific Cost Reduction: Building a sustainable cost optimization system through strategies like full lifecycle cost analysis and supplier collaboration management.
Intelligent Negotiation: Establishing mutually beneficial supply chain partnerships by integrating psychological principles and game theory.
AI Innovation: Implementing AI technologies in demand forecasting, intelligent price comparison, risk early-warning systems, and other scenarios to drive intelligent transformation of procurement processes.
Participants highlighted the program’s seamless integration of theory and practice, particularly noting the tangible efficiency improvements demonstrated during hands-on AI tool exercises. Chairman Wang Qinbo emphasized, "Digital transformation is an essential path for high-quality enterprise development. We must deeply integrate AI across the entire procurement chain, shifting from ‘experience-driven’ to ‘data-driven’ decision-making to deliver enduring value for our clients."
Moving forward, Qinghe Electric will continue advancing technological innovation and talent development in parallel, strengthening operational capabilities and enhancing transformer product quality to provide robust support for global partners.
