On May 9, 2019, Vietnam Electric Cable Corporation (CADIVI) and CITEK Technology Joint Stock Company officially announced the signing ceremony and kick-off of the ERP implementation project.
Accordingly, CADIVI selected SAP's ERP solution SAP S/4HANA to manage and operate the entire enterprise, connecting its headquarters in Ho Chi Minh City with subsidiaries and branches across the country.
With extensive experience and proven expertise in implementing SAP solutions for many industrial manufacturers in Vietnam and abroad, CITEK was chosen by CADIVI as the implementation partner for SAP S/4HANA in this project. As committed, CITEK will complete the deployment within eight months, with the go-live scheduled for January 1, 2020.
Twelve SAP modules will be implemented at CADIVI, including: Sales and Distribution, Procurement and Inventory, Production, Quality, Maintenance, Finance and Accounting, Management Accounting and Costing, Consolidated Financial Reporting, Loan Management, e-Invoice, Barcode integration for automated inbound and outbound transactions, and the SAP Fiori user interface.
Mr. Le Quang Dinh, General Director of CADIVI, stated that as a member of GELEX Electric Equipment Co., Ltd., CADIVI was selected as the pioneer in applying the world’s leading ERP solution, SAP S/4HANA, to plan and manage production and business activities to international standards, enabling real-time performance measurement.
To effectively deploy the ERP system, CADIVI has restructured its organization into specialized production and distribution companies, enhancing operational efficiency and management. "A modern management system helps leaders make quick decisions, strengthening competitive advantages. This also lays a solid foundation for CADIVI to secure its market position in the domestic electrical equipment sector and become one of Vietnam’s leading electric cable manufacturers." After successfully implementing SAP S/4HANA at CADIVI, GELEX Electric may consider expanding the deployment to its other subsidiaries.
Mr. Le Quang Dinh – General Director of CADIVI announcing the kick-off of the SAP S/4HANA project
Mr. Nguyen Cong Tan, General Director of CITEK, shared that ERP is the initial phase of CADIVI’s digital transformation strategy on the SAP S/4HANA platform. CITEK has invested resources and expertise in closely coordinating with CADIVI’s departments, building solutions and processes to international standards tailored to CADIVI’s model, ensuring system stability and long-term development.
"CADIVI is the leading electric cable manufacturer in Vietnam. CADIVI’s trust in choosing CITEK to implement SAP S/4HANA reaffirms CITEK’s leading position in deploying industry-specific SAP solutions in Vietnam," Mr. Nguyen Cong Tan stated.
CADIVI, CITEK, SAP, and partners celebrating the kick-off of the SAP S/4HANA project
SAP S/4HANA is SAP’s next-generation ERP solution that operates on the HANA platform, enabling real-time data storage and processing. SAP S/4HANA also integrates an industry-specific solution package (Best Practices IS Mill for Cable), which incorporates extensive global best practices in complex industries to fully meet the current and future needs of enterprises.
Vietnam Electric Cable Corporation is a member of GELEX Electric Equipment Co., Ltd., a leading manufacturer in the electric cable industry with the CADIVI brand, boasting 45 years of development. CADIVI products are manufactured to national TCVN standards and common international standards such as IEC, ASTM, JIS, AS, BS, DIN, and UL.
CITEK Technology Joint Stock Company is an official SAP partner in Vietnam and has successfully implemented SAP solutions for over 30 major customers in Vietnam across various industries including Hoa Phat Steel, An Hung Tuong Steel, Viet My Steel, Tue Minh Steel, Da Nang Steel, Nghi Son Iron & Steel, Big C, Minh Phu Seafood, Hai Nam Seafood, Hoang Long Seafood, SMC Steel, Rang Dong Plastic, Mainetti Plastic, UPF – Myanmar, Nanogen Pharmaceuticals, APA Pharmaceuticals, Fecon, Diana-Unicharm, Namtheun1, Beko, Maison, Vanel, Lai Thieu Feed, Quan Dat Aluminum & Glass, and Fritta.
