CADIVI invests 2 million USD to deploy SAP solution

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On May 9, 2019, Vietnam Electric Cable Joint Stock Company (CADIVI) and CITEK Technology Joint Stock Company officially announced the Contract Signing Ceremony and kicked off the implementation of the enterprise resource planning project (ERP).
CADIVI invests 2 million USD to deploy SAP solution
Mr. Le Quang Dinh – General Director of CADIVI and Mr. Nguyen Cong Tan – General Director of CITEK signed the contract
Accordingly, CADIVI chose to apply ERP S/4HANA solution of SAP (Germany) to attain the overall management and operation of the business, connect the headquarters in Ho Chi Minh City with other affiliates and branches across the country.
With the capacity and experience in implementing successfully SAP solutions for many domestic and foreign industrial enterprises, CITEK was selected by CADIVI as a partner to deploy SAP S/4HANA solution. According to the commitment, the system will be deployed by CITEK within 8 months and officially go live in January 1, 2020.
12 SAP modules will be deployed for CADIVI including: sales and distribution management; purchasing and warehouse; manufacturing management; quality management, plant maintenance; finance accounting management; controlling accounting, integrated business report, treasury; electronic invoice; integrated barcode to perform automatic import, export transactions and modules using SAP Fiori.
Mr. Le Quang Dinh, General Director of Vietnam Electrical Cable Joint Stock Company – CADIVI said: As a member of GELEX Electric Electrical Equipment Co., Ltd., CADIVI has been selected as a pioneer to apply the world’s leading ERP solution SAP S/4HANA in manufacturing planning and business management with international standards, ready metrics of business performance with real-time data.
In order to deploy and apply the ERP system effectively, CADIVI has restructured into groups of manufacturing companies and distribution companies to improve operating efficiency. “Modern management system helps leaders to make quick decisions and increases competitive advantage. This will also be the foundation for CADIVI to firmly consolidate its position in the equipment market and become one of the leading electrical cable manufacturers in Vietnam.” After successfully deploying SAP S/4HANA solution at CADIVI, GELEX Electric may continue to deploy it for member companies.
CADIVI invests 2 million USD to deploy SAP solutionMr. Le Quang Dinh – General Director of CADIVI announced the launch of SAP S/4HANA project.

Mr. Nguyen Cong Tan, General Director of CITEK said, ERP is the first stage of digital transformation on SAP S/4HANA platform to serve the management and development strategy of CADIVI. CITEK has invested resources and experience, coordinated with CADIVI departments to build solutions and business processes with international standards in accordance with the CADIVI model and ensure stable operations and expansion of CADIVI in the long-term and maintain the leading goal.

“CADIVI is the leading power cable company in Vietnam, CADIVI choice of CITEK as a partner to deploy SAP S/4HANA solutions helps CITEK to further assert its leading position in deploying specialized SAP solutions in Vietnam,” said Mr. Nguyen Cong Tan.

CADIVI invests 2 million USD to deploy SAP solutionCADIVI, CITEK, SAP board of directors and their partners congratulated the ceremony.
SAP S/4HANA is a new ERP solution of SAP operating on HANA technology platform with data stored and processed on in-memory, this will help the system operate and retrieve data in real time. SAP solutions also have Best Practices IS Mill for Cable with many successful stories in complex industries around the world to meet all the needs of today’s businesses and future.

Vietnam Electric Cable Joint Stock Company is a member of GELEX Elextric Electrical Equipment Co., Ltd – a leading enterprise in the field of trading and manufacturing electrical cables with the CADIVI brand with 45 years of development. CADIVI products are manufactured with national standards TCVN as well as common international standards such as IEC, ASTM, JIS, AS, BS, DIN, UL…

CITEK Technology Joint Stock Company is an official partner of SAP in Vietnam. CITEK has successfully consulted and implemented SAP solutions for more than 30 customers in Vietnam in many industries such as Hoa Phat Steel, An Hung Tuong Steel, Viet My Steel, Tue Minh Steel, Da Nang Steel, Nghi Iron and Steel. Son, Big C, Minh Phu Seafood, Hai Nam Seafood, Hoang Long Seafood, SMC Steel, Rang Dong Plastic, Mainetti Plastic, UPF Plastic – Myanmar, Nanogen Pharmaceutical, APA Pharmaceutical, Fecon, Diana-Uncharm, Namtheun1, Beko , Maison, Vanel, Lai Thieu Feed, Quan Dat Aluminum Glass, Fritta.

View more: Digital Transformation to transfer resources to assets

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