YEM CHIO

YEM CHIO
YEM CHIO CO., LTD. (YEM CHIO) was established in 1977 and specializes in the production and distribution of packaging-related products, including BOPP film, OPP tape, PVC tape, and various packaging materials. As the largest packaging manufacturer in Asia, YEM CHIO operates major production facilities in Yangmei and Changbin in Taiwan, as well as in Shanghai, Dongguan, and Shaanxi in China. The company has over 50 distribution centers nationwide, covering northern, central, and southern regions, serving more than ten thousand customers. As the market leader in its industry, YEM CHIO also has subsidiaries engaged in diverse businesses such as chemicals, real estate, hospitality, and construction.
Challenges
- The legacy system operated on a DOS platform, with modules that were not integrated.
- Accounting staff had to manually extract data from the system and process each entry individually, which was inefficient and inconsistent with consolidated accounts.
- The parent company required immediate access to subsidiary data, which was challenging under the existing system.
Benefits
- Improved Efficiency: The ArgoERP system streamlined accounting operations, eliminating the need for manual document handling.
- Multi-Company Support: The system supports configuration for multiple companies without additional costs.
- Enhanced Profit Center Management: ArgoERP’s transfer pricing feature facilitates efficient preparation and management of profit center accounting reports across departments.
- Global Leadership: As Asia’s largest packaging manufacturer, YEM CHIO is committed to achieving international management standards.
- Market Responsiveness: With increasing market demands, the company adopted an ERP system that is both robust and specialized.
- IFRS Compliance: The company transitioned to IFRS-compliant financial reporting to meet 2013 market regulations. ArgoERP played a critical role in supporting this transition, including the implementation of IFRS solutions under a value chain management demonstration project for the manufacturing sector.
Key ERP Features Supporting Business Excellence
- Transfer Pricing Configuration
- Revenue Recognition
- Asset Management
- Functional Currency Management
- Multi-Ledger Structure
- Multi-Company Configuration
These features ensured flexibility and alignment with evolving business requirements, enabling YEM CHIO to maintain its leadership in the global packaging industry while achieving operational excellence.
Contact us
For a demo, please contact us at Contact Us or for further inquiries:
Phone: 0633253640 or 02-6863000 ext. 3042
Email: support@aresth.co.th