THIBIDI successfully goes live with SAP S/4HANA

On April 1, 2021, the journey of digital transformation at Vietnam Electrical Equipment Joint Stock Corporation (THIBIDI) reached a significant milestone as its SAP S/4HANA enterprise management system officially went live across all departments, branches, factories, and the company’s headquarters. This achievement reflects the dedicated efforts of both the THIBIDI team and their technology partner, Citek, over the past eight months.
During the go-live event, Mr. Phan Ngoc Thao, General Director of THIBIDI, shared: “Citek’s and THIBIDI’s project teams worked tirelessly day and night, managing a surge in workload to achieve our ambitious goals. At the same time, THIBIDI accomplished a double victory: exceeding all targets in production, business, revenue, and profit, while also successfully transforming our management system to sharpen our competitive edge.”
General Director of THIBIDI speaks at the launch event
Mr. Phan Ngoc Thao, General Director of THIBIDI, speaking at the launch event

2021 was designated by THIBIDI as a pivotal year for organizational innovation. The successful implementation of SAP S/4HANA is a highlight in the company’s comprehensive digital transformation roadmap. This system not only optimizes operational processes and enhances management and decision-making capabilities but also establishes a solid foundation for THIBIDI to bolster its competitiveness in the era of Industry 4.0.

GELEX – THIBIDI – Citek – SAP leadership team at the launch event
GELEX – THIBIDI – Citek – SAP leadership team at the launch event

SAP S/4HANA is a next-generation ERP solution that integrates cloud computing, artificial intelligence (AI), and advanced data analytics. By implementing this solution, THIBIDI expects to optimize its supply chain, enhance product and service quality, and improve transparency and operational agility.

The project’s success demonstrates THIBIDI’s vision and unwavering commitment to pioneering technology adoption to elevate its market position. With this advanced management platform, the company is steadily working toward its goal of becoming one of Vietnam’s and Southeast Asia’s leading electrical equipment manufacturers.

Mr. Nguyen Cong Tan, CEO of Citek, presents a commemorative plaque to THIBIDI’s leadership
Mr. Nguyen Cong Tan, CEO of Citek, presents a commemorative plaque to THIBIDI’s leadership

Citek takes pride in partnering with THIBIDI on its journey to modernize enterprise management by applying the latest technology. We believe that with the solid foundation of SAP S/4HANA and an unwavering spirit of innovation, THIBIDI will maintain its leadership position and continue to deliver high-quality products and services to its customers.

Other highlights from the event:

Mr. Nguyen Cong Tan, CEO of Citek, speaking at the event
Mr. Nguyen Cong Tan, CEO of Citek, speaking at the event

THIBIDI’s official SAP S/4HANA go-live ceremony
THIBIDI’s official SAP S/4HANA Go-Live ceremony, marking a significant step in digital transformation

THIBIDI-Citek project team focused on deploying SAP S/4HANA
THIBIDI-Citek project team focused on deploying SAP S/4HANA

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The SAP roll-out project, consulted and implemented by Citek, has helped Nippon Paint synchronize processes and data between our companies in Singapore and Vietnam. Additionally, standardized solutions aligned with VAS standards, VAS reporting packages, E-Invoice, and E-Banking were integrated. As a result, processing time, accounting closing periods, and report submission were reduced by up to seven days, enabling us to fully leverage the strengths of the group's analytical reporting system and apply it across various operations and units.
 

Ms. Nguyen Thi Anh Tuyet

Ms. Nguyen Thi Anh Tuyet

Head of Financial Accounting Department - Nippon Paint Viet Nam