Best Practice MVP Go-Live on SAP S/4HANA for EV Manufacturer, Foxconn
Key Takeaways
⇨ Improved Productivity and Efficiency: Foxconn EV Systems achieved a 20% improvement in resource utilization and streamlined workflows by integrating SAP S/4HANA across key business areas.
⇨ Enhanced User Adoption: Post-revamp, the majority of business transactions moved from manual and third-party systems to the SAP platform, significantly increasing user satisfaction and system usage.
⇨ Strategic Transformation Partnership: The partnership with GyanSys led to a successful reassessment and implementation of critical processes, ensuring Foxconn's operational excellence in the competitive EV manufacturing sector.
Established in Taiwan in 1974, Hon Hai Technology Group (Foxconn) is the world’s largest electronics manufacturer. The Group has expanded not only its capabilities into the development of electric vehicles, digital health, and robotics but also three key technologies – AI, semiconductors, and new-generation communications technology. These are key to driving their long-term growth strategy and the four core product pillars – Smart Consumer Electronics, Cloud and Networking, Computing Products and Components, and Others. In 2022, Hon Hai‘s annual revenue reached USD 219 billion.
The company has established R&D and manufacturing centers in other markets around the world including China, India, Japan, Vietnam, Malaysia, Czech Republic, U.S. and more. With a focus on research and development, the company owns more than 54,253 patents. In addition to maximizing value-creation for customers who include many of the world’s leading technology companies, Foxconn is also dedicated to championing environmental sustainability in the manufacturing process and serving as a best practices model for global enterprises.
The company ranked 20th on the Fortune Global 500 rankings in 2022 and 25th in the Top 100 Digital Companies in the Forbes ranking of the World’s Best Employers in 2019. Foxconn is also the only Taiwanese private company awarded for 6 consecutive years of Clarivate Top 100 Global Innovators (2018 ~ 2023).
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