Digital Transactions & Services

Digital optimization not only improves operational efficiency but also reflects our dedication to delivering low-carbon solutions. 

Continually enhancing digital transactions and information exchange 

WT serves over 25,000 customers and suppliers. By adopting a digital transaction and data exchange operating model, the company significantly enhances employee efficiency across sales and procurement operations. This includes functions such as sales forecasting, customer order creation/modification, delivery schedule responses, and other related processes. These operations are integrated through mutually agreed-upon electronic data interchange (EDI) protocols. In addition, various automation tools are implemented to support manual tasks, aiming to streamline processes and improve overall management efficiency.

Sales Operations
01 Sales Forecasting
02 Pricing Information
03 Customer Order Creation/Modification
04 Delivery Schedule Response
05 Shipping Notification
06 Invoice Information
Procurement Operations
01 Project Design Registration
02 Quotation
03 Purchase Order Creation/Modification
04 Supplier Shipping Notification / Invoice Information
05 Receipt Data
06 Payment
Current status of sales process system enhancements in 2024


Customer Orders Received Through Digital
• Customer sales order creation/modification is conducted through Electronic Data Interchange (EDI) integrated with the document approval system. Upon authorization and verification, delivery schedules are instantly updated in the order system.
• In 2024, seven new corporate clients were onboarded to the digital transaction process.
Customer Delivery Date Response
• In 2024, four new customers began exchanging delivery schedules through digital channels.
• Approximately 6.2% of customers can now access delivery information directly via the website.
Shipment and Related Operations
• Certain customer operations require access to their online platforms. Robotic Process Automation (RPA) has been gradually adopted to streamline repetitive tasks such as Advanced Shipping Notice (ASN) creation, minimizing manual effort and reducing delays and errors.
• As of 2024, over 89,902 tasks have been completed for 10 customers, with the number steadily increasing.
Paperless Invoicing
• Integrated with third-party platforms for direct data exchange, reducing the need for manual input.
• Achieved 100% paperless processing.
• Ongoing process optimization is carried out based on individual customer requirements.
Customer order digitalization outcomes
4.38%
 
2022
5.36%
 
2023
9.58%
 
2024
Digitalization results of RMB invoice processing for reconciliation and payment requests
3.71%
 
2022
77.92%
 
2023
100%
 
2024

Software-assisted automated custom reports to streamline operations and enhance management

In recent years, beyond focusing on enhancing the systemization of supply chain management, the company has also introduced customized automation support modules. Using Excel VBA tools, employees can efficiently convert data into tailored reports, significantly improving work efficiency and value. This practice has become a routine part of daily operations. These tools have been increasingly applied across various functions, including sales, procurement, and other operational areas, contributing to continual improvements in reporting and workflow efficiency year after year.

Number of Improvements via Sales Automation Support Modules

 

162
2022
238
2023
130
2024

Number of Improvements via Procurement Automation Support Modules

 

45
2022
123
2023
53
2024

Number of Improvements via Other Automation Support Modules

 

5
2022
22
2023
7
2024

Plans are in place to begin adopting AI to assist with rapid data identification and extraction.

Current status of procurement process system improvements in 2024


Scope Expansion of Procurement Process Applications

• Rolled out to all business units across the group to strengthen procurement management operations.

Customized Format Automation with Software Support

• Introduced automated modules for customized formats using Excel VBA tools to accelerate the conversion of procurement order changes and delivery date requests into customer-specific formats.

Digital Procurement Transactions

• Continued expansion of B2B/EDI transactions with customers and original suppliers, enabling electronic handling of sales order changes and related processes, with systemized, rapid submission to original suppliers.

Automation of Price Maintenance Operations

• Deployed RPA (Robotic Process Automation) to assist in maintaining procurement pricing information efficiently.

Integrating software automation into procurement systems for enhanced efficiency

The procurement process and order management system enhancements implemented in 2023 have demonstrated significant operational results by 2024. Procurement orders and delivery schedule adjustment requests generated from the process are now integrated with automated support modules using VBA tools to handle customized formatting. This has substantially reduced the number of manual tasks and the time required for order processing.

 

Customization Rate of Procurement Order Format

 

95%
2023
95%
2024

Customization Rate of Delivery Schedule Management Format

 

99%
2023
95%
2024

Note: The customization rate of delivery schedule management formats declined in 2024 due to the integration of Future Electronics into the system.

 

Procurement price maintenance automation – enhancing efficiency and management

Real-time maintenance of procurement pricing data is a critical element of effective supply chain management. In 2024, the company expanded its digital optimization efforts into this area. While existing systems already support bulk updates by staff, Robotic Process Automation (RPA) tools were introduced to assist in routine operations. Currently, automated processes account for approximately 20% of procurement price maintenance activities. Broader implementation is planned for 2025, aiming to further improve operational efficiency and reduce manual workloads.

 

Demonstrating year-on-year improvement in digital transactions and information exchange.

With over than 10,000 customers and vendors, WT has introduced an operating model featuring electronic transactions and data exchange to significantly improve employee’s efficiency with digital sales and procurement procedures and with mutually agreed electronic exchange protocols that allow data interfacing. The following table shows the numbers of e-transactions with customers and vendors and their shares in revenue or purchase amounts in the past three years.  Currently, 64% of the group’s revenue and 95% of procurement are handled through digital transaction models.

Electronics sales procedures
01 Sales Forecast
02 Price information
03 PO creation/modification
04 Shipment date reply 
05 Shipping notice
06 Invoice information
Electronic procurement procedures
01 Project design registration
02 Price inquiry
03 PO creation/modification
04 Vendor shipping notice/invoice information
05 Shipment arrival information
06 Payment

% of e-transactions in revenue from customers

20%
2021
30%
2022
45%
2023
64%
2024

% of e-transactions in purchase from vendors

30%
2021
40%
2022
90%
2023
95%
2024

 

 

Providing customers with comprehensive services

 

Customer satisfaction in 2024 reached 89%.

WT’s sales representatives regularly communicate with customers about sales orders, shipment dates and other transactions related matters. There is also a customer complaint mechanism in place for customers to provide feedback about service quality, product shipment quality, or other abnormal events. In order to ensure the overall customer service quality, in 2024, a total of approximately 70 Customer Satisfaction questionnaires were sent to important customers and new customers (revenue coverage rate exceeded 65%). Customer opinions were collected through questionnaires, which will serve as an important basis for WT to continuously improve service quality. The survey results of the five major dimensions showed that 47% were very satisfied, 42% were satisfied, and the overall satisfaction rate was 89%.

Customer satisfaction survey results by dimension %
Highly Satisfied 47%
Satisfied 42%
Neither Satisfied nor dissatisfied 11%
Dissatisfied 0%
Highly Dissatisfied 0%

 

The satisfied result for the five dimensions as below: 

Product Logistics&Delivery Price&Cost Service Overall rating
93% 91% 72% 94% 94%

Apart from the Price & Cost dimension, satisfaction in all other aspects exceeded 90%. Although satisfaction in the Price & Cost category was only 72%, when including responses classified as “acceptable”, the combined positive feedback reached 99.6%, with only 0.4% expressing actual dissatisfaction. Due to original suppliers’ pricing strategies, there is limited flexibility to influence changes in pricing.

The chart below shows satisfaction results across different dimensions:

In response to dimensions with lower satisfaction and topics of customer concern, we have followed up and implemented corrective actions. Feedback provided by customers has also been incorporated into our operational policies to drive continuous improvement and ensure service quality.

 

Customer Satisfaction Survey Results by Dimension %

 

Highly Satisfied

 

Satisfied

 

Neither Satisfied nor dissatisfied

 

Dissatisfied

 

Highly Dissatisfied

45.15%
48.13%
6.72%
Product
52.24%
38.81%
8.96%
Logistics&Delivery
29.48%
42.91%
27.24%
0.37%
Price & Cost
53.73%
40.30%
5.60%
0.37%
Service
52.24%
41.79%
5.97%
Overall rating

 

WT has already a customer complaint procedure in place to collect customer feedback about products and services. The complaints are filed to the competent units to analyze the cause, and keep track of improvements. Not only a reply will be given to customers about how the complaint is eventually handled, but internal publicity or training will be strengthened to prevent similar incidents from recurrence.  

Customer complaint possible situations include: logistics delivery, customer relationship service, and product quality 

 

Customer request
Business Unit Or Operation
Cause analysis
Solving problem
Review and improvement

Improving operational efficiency and delivering low-carbon services

Increasing digital transactions and information exchange year by year

With more than 10,000 customers and vendors, WT has introduced an operating model featuring electronic transactions and data exchange to significantly improve employee's efficiency with digital sales and procurement procedures and with mutually agreed electronic exchange protocols that allow data interfacing. The following table shows the numbers of e-transactions with customers and vendors and their shares in revenue or purchase amounts in the past three years.

 

Digital transformation of operation and management procedures

Digitizing supply chain management

The complete establishment of a well-structured enterprise database, which was the Phase I goal of digital transformation, was followed by work on the supply chain operations such as procurement, stock and inventory management, customer order and shipment management in 2022. A trial run of some operation procedures and report management began in Q4 2022, and the optimized procedures have been gradually introduced in 2023 to improve processes such as procurement, shipment date reply, customer PO management, and paperless value-added tax invoicing.

Optimized processes and improved efficiency

Visual procurement decisions greatly improved work efficiency

In 2023, a centralized procurement platform was created to provide a one-page view of the necessary information for procurement decision-making, so that the dedicated sales and procurement personnel and procurement approval supervisors can quickly determine and proceed with procurement-related procedures and approval, and reduce inventory risks. Electronic procedures for shipment date change request and order cancellation request were also introduced.

Customized reports are generated with software assistance to simplify operations and enhance management work

Supply chain management are increasingly performed on the system. In addition, a customized automation-assisted module using Excel VBA tools to export customized reports was introduced to improve employees' work efficiency and value by facilitating some time-consuming and labor-intensive tasks that require manual processing or customized reports.

Business dashboard for a quick grasp of practical work information

At WT, business dashboards are customized for users in different roles at different levels to meet their functional and decision-making requirements. Operational data automatically collected, sorted, and compiled on a daily basis by the system are made conveniently accessible via mobile devices or the Intranet to appropriate executives and employees, so that they are kept well-informed of the up-to-date operation status and trends and thus able to respond to and take action on any anomaly at the earliest possible moment.

Providing customers with comprehensive services

WT's sales representatives regularly communicate with customers about sales orders, shipment dates and other transactions related matters. There is also a customer complaint mechanism in place for customers to provide feedback about service quality, product shipment quality, or other abnormal events.In order to ensure the overall customer service quality, a plan to set up customer satisfaction survey system has been launched in 2023. Opinions will be collected through questionnaires from important customers and new customers in 2024 as a basis for WT to continuously improve its service quality. The survey will be divided into five major aspects to understand the satisfaction level of each aspect. In addition, the input from customers will be gathered, and an improvement solution for each problem formulated and followed to ensure service quality.WT has already a customer complaint procedure in place to collect customer feedback about products and services. The complaints are filed to the competent units to analyze the cause, and keep track of improvements. Not only a reply will be given to customers about how the complaint is eventually handled, but internal publicity or training will be strengthened to prevent similar incidents from recurrence.

 

 

Operational efficiency was improved toward low-carbon services

Following the establishment of a well-structured enterprise database‭, ‬which was the Phase I goal of digital transformation‭, ‬the‭ ‬Phase II kicked off in 2022‭ ‬to introduce digital tools and technologies for a comprehensive review and analysis of supply chain‭ ‬operations such as procurement‭, ‬stock and inventory management‭, ‬customer order and shipment management‭. ‬Along with relevant digital tools and system development‭, ‬the trial run of some operation procedures and management reports started in Q4‭ ‬2022‭ ‬with the‭ ‬full introduction expected in 2023‭.‬

Introduction of RPA‭, ‬B2B/EDI and automation further enhances operation efficiency

To improve the existing manual handling with RPA and automated procedures‭. ‬A total of 100‭ ‬vendor-related operating procedures and management reports‭, ‬including price request and maintenance‭, ‬procurement operations‭, ‬project registration and maintenance‭, ‬and‭ ‬273‭ ‬customer-related operating procedures and management reports‭, ‬including order and shipping operations‭, ‬delivery management‭,‬‭ ‬and sales forecast‭, ‬have been automated to meet the customized operation requirements of different vendors and customers‭. ‬As a‭ ‬result‭, ‬the working time of relevant personnel was greatly reduced‭, ‬and the feedback turnaround time and service quality were effectively improved‭ .‬

Improved Business Dashboard Information

At WT‭, ‬business dashboards are customized for users in different roles at different levels to meet their individual functions and decision-making requirements‭. ‬Operational data automatically collected‭, ‬sorted‭, ‬and compiled on a daily basis by the system are made conveniently accessible via mobile devices or the Intranet to appropriate executives and employees‭, ‬so that they are kept‭ ‬well-informed of the up-to-date operation status and trends and thus able to respond to and take action on any abnormality at the earliest possible moment‭.‬

Digitization achievements in procurement, stock and inventory management procedures

Digitization achievements in customer ordering and freight management procedures

Introducing RPA Establish efficient and highly automated processes and systems

To improve various major operation efficiency and enhance corporate insight, WT advances continuously on process optimization. By promoting digital optimization, we can internally set up new operations to match the current scale and help automate operations and reports for relevant operation units. Externally, we can promote B2B transaction operations to vendors and customers by linking them with Electronic Data Interchange, further establish efficient standard operation processes and management mechanisms, so that the person in charge of various departments can immediately grasp data changes and deploy relevant strategies and response in advance.

 

Business dashboard for quick access to practical work information

In order to assist the company’s business-related personnel at various levels in making decisions, WT customizes business dashboards to meet the requirements of each unit and level. Business data Which are collected daily, classified and compiled through system automation. Practical information is produced according to different usage objectives, which is provided to supervisors and responsible colleagues for quick review on mobile devices or the company’s internal website, so as to grasp the current status and trends of operations and identify abnormal situations for tracking and management. As of 2021, we have completed the digitization of data collection for all product lines, and with the rapid changes in market demand, we will continue to optimize the data content to enhance the efficiency of decision making.

 

In addition to data analysis as an aid to decision making, the business dashboard also provides real-time inquiry of shipment information from the shipping location to the customer’s receiving location, making it easy to track shipments and enhance customer satisfaction. In addition, the dashboard also supports real-time exception alerts and reminders for important to-do items.

 

Digital approval processes substitute paper work: efficient and energy-saving

Starting from 2019, WT has been continuing to promote the use of digital tools to replace paper-based approval process. We completed the digitization of general procurement process in 2020, improving administrative efficiency and reducing the amount of paper used. Compared to 2019, the paper consumption in 2020 is reduced by 20%, and by 2021, all approval process of general procurement is digitalized, which reduces paper consumption by approximately 35,000 sheets, achieving a significant reduction in paper consumption.