PHARBACO HAS OFFICIALLY GONE-LIVE WITH SAP S/4HANA SYSTEM

PHARBACO HAS OFFICIALLY GONE-LIVE WITH SAP S/4HANA SYSTEM

November 2nd 2020, Central Pharmaceutical Joint Stock Company I (Pharbaco) and Citek had officially announced that It has gone live the SAP S/4HANA system after 7 months deployment in all Pharbaco offices and branches at: Head office in Hanoi, branch office in Ho Chi Minh, factory in Soc Son, 4 vaccine centers and 4 pharmacies.

SAP S/4HANA is the best ERP solution in the world from Germany, with the embedded best practice for Pharmaceutical. The ERP SAP solution has been applied in top 19 pharmaceutical companies in the world. And SAP system has fully qualified all the strict standards of Pharmaceutical like: EU-GMP, PIC/S-GMP, GSP, GLP, GDP, USFDA 21 CFR, GAMP 5…

Pharbaco

Mr.Nguyen Cong Tan – CEO of Citek – shared the points at the Ceremony

Digital transformation is the cumulative journey for the future, and require an implement strategy from now if they don’t want to be eliminated in this 4.0 era. Digital transformation must start from the leaders of enterprises and must have the committed journey. Digital transformation in the right way will help enterprises have a new way of operation and new way of business to lead the market.

At the ceremony, Mr. To Thanh Hung – CEO of Pharbaco said: “Pharbaco strategy is become one of the Top Pharmaceutical company in medicine production by building a factory follow GMP EU standard with more than 1,200 billion VND investment and they will expand the factory in the future. Pharbaco BOD also invests the SAP’s next-generation ERP business suite – SAP® S/4HANA. This will be a useful tool to increase the business performance, products quality to meet the customer demand. The integrated data from departments, factories into a one united system help access data immediately, report promptly, and support Pharbaco BOD makes decision precisely in real time. Then support the enterprise to save cost, minimize risks and increase competition ability as planned”

From Citek, Mr. Nguyen Cong Tan – CEO of Citek – shared the points: “With the investment of a new GMP EU standard factory and applied the best ERP solution SAP S/4HANA in comprehensive management will help Pharbaco increase the competition ability in domestic and also international companies after European-Vietnam Free Trade Agreement (EVFTA) is signed and launched. Operating the enterprise follow the international standard with best practice for Pharmaceutical will help Pharbaco train and develop resources to successfully deploy as planned”

Mr. Nguyen Hong Viet – CEO of SAP Vietnam – affirmed: “The SAP S/4HANA in Pharbaco was implement during the COVID 19 period, but with the highest determination and commitment of Pharbaco BOD, Citek and project teams from both site had lead the project and Go live on time follow planning is the great effort. We look forward to a long-term collaboration to further drive the Pharbaco’s digital transformation to bring Pharbaco become a top enterprise of national pharmaceutical.”

Pharbaco

Mr. Nguyen Hong Viet – CEO of SAP Vietnam – speak at the Ceremony

The core function has deployed at Pharbaco are: Finance accounting, management accounting, purchasing management, warehouse management, production planning, quality management, sale operation, maintenance, QR Barcode, R&D management, FIORI and e-invoice.

According to a recent research of BMI show that, in the next 5 years, Vietnam Pharmaceutical is predicted on top 20 nations have the strongest and most stable grown rate in the world. A forecast from market research company IBM about the size of Vietnam Pharmaceutical market will reach 7,7 billion VND in 2021 and 16,1 billion VND in 2026, with the grown rate up to 11%.

Pharbaco

The project team of Citek và Pharbaco at the ceremony

Citek Joint Stock Company, is partner with experiences in consulting and implement successfully SAP solution for pharmaceutical enterprises in Vietnam such as: Nanogen Pharma, APA Pharma, Tiệp Phát Pharma, BIO Pharma. With practical experiences in successful deployment SAP solutions for Pharmaceutical, Citek has built and packed Citek SAP S/4HANA Pharmaceutical and this package has been approved by SAP Global follow global standard. SAP also supports public this Citek package for Pharmaceutical in SAP Global website so Vietnam pharmaceutical companies can access and find its benefit. The benefits of this Citek Pharmaceutical package are ensuring successful in implement, deployment period is shorter and return investment efficiency for pharmaceutical companies in digital transformation journey.

This link below is for Vietnamese version

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