Core Viewpoint - The article discusses the transformation of traditional food companies in China, particularly focusing on Qinxin Foods, which has embraced digitalization to adapt to changing consumer preferences and market dynamics [1][3][15]. Group 1: Company Overview - Qinxin Foods, established in April 2015 in Nanchang, specializes in nuts, dried fruits, grains, and other traditional snacks, and has built a robust online and offline sales network [3][4]. - The company has been recognized as a "single champion" in Jiangxi's manufacturing sector, highlighting its status as an industry leader [4]. Group 2: Challenges Faced - Qinxin Foods faces two main challenges: changing consumer behavior, particularly among younger generations who desire quick service and personalized experiences, and the competitive pressure from the rise of e-commerce [5]. - The company acknowledges that despite having quality products and extensive distribution channels, operational inefficiencies can hinder its performance in a fast-paced market [5][6]. Group 3: Digital Transformation - To address these challenges, Qinxin Foods has implemented the YonSuite platform, which provides a digital backbone for its operations, enhancing visibility and control across various business processes [8]. - The YonSuite system allows for real-time data collection and analysis, improving production planning, inventory management, risk assessment, cost transparency, and cash flow management [8][9][10][11][12][13]. Group 4: Performance Metrics - The digital transformation has led to a 20% increase in inventory turnover rate, enabling the company to utilize its capital more effectively [14]. - Qinxin Foods has successfully digitized over 100 business scenarios, streamlining operations from procurement to financial settlement [14]. - The accuracy of single product cost accounting has improved to a ±3% error margin, providing precise insights into profitability [14]. - Product pricing efficiency has increased by 80%, allowing the company to respond swiftly to market changes [14]. Group 5: Conclusion - The article concludes that traditional flavors can thrive in the modern market through digitalization, as demonstrated by Qinxin Foods, which has managed to preserve its heritage while enhancing operational efficiency and competitiveness [15][16][17].