FPT signed digital transformation contract with Kim Tin Group

On the 4th of June, 2021, in Ho Chi Minh City, Kim Tin Group and FPT Corporation had officially closed the deal, signed a contract and started the Digital Transformation Project. This project is setting a revolutionary move in the great vision of bringing Kim Tin to an up-coming breakthrough.  

With the total investment budget of 5 million, this collaboration between Kim Tin Group and FPT Corporation is considered to be one of the biggest deal and the most thorough in the digital transformation among Vietnamese commercial market.

Within 7 months, FPT will deliver solutions for the digital transformation, enterprise management - SAP, S&OP and factory smart management - FPT MES into this management and production process. This will be applied at every of the 10 subsidiaries in Kim Tin Group’s production of welding materials, industrial wood plank and processed wood.

The objectives for this project is to synchronize operation, optimize the overall supply chain, transparence financial management, digitize work processes to push productivity and support a quick, on-time decision making for Kim Tin’s Board of Directors. All of these tasks will be operated on the same platform with a concentrated source of data, hence make sure the mission is customer-centered, the value is modernized, the soft-ability is improved and most of all, Kim Tin’s branding will be secured and claimed a firm position to partners, customers both locally and internationally. This breakthrough decision is to make Kim Tin to grow sustainably and long-lastingly.

Mr. Nguyen Tien Hai, Chairman of Kim Tin Group said: “Kim Tin Group is determined to transform and apply technology in every activity, including management, production, sales and marketing, together creating a resonant power for the whole Group. We expect this investment and companionship with FPT Corporation will quickly help our group to finish and operate the SAP S/4HANA & S&OP system, smart production management MES, then digitize operation methods, and increase customer experience. This will overall bring Kim Tin to the group of top enterprises in the market and return values to the community.

Mr. Nguyen Van Khoa, CEO of FPT Corporation shared: “This is the first time ever that SAP S/4HANA, S&OP, FPT MES systems are executing at this scale, at the same time. This is a fair investment to the scope, potential and growth objectives of Kim Tin. FPT is honored to be a partner to Kim Tin on this strategic path. We believe with our capability and experience in digital transformation, solution and execution supply (such as ERP, MES) for enterprises in Vietnam together with Kim Tin Group achieve further objectives in the future after this project. Alongside with it, FPT will not only be a companion but also an ally - a close connection to Kim Tin, then to share values and management strategy that we have learned in the past 30 years. We would share value and are ready to support Kim Tin to raise market share and approach global market”.

The system of solution, software that FPT will advise and execute for Kim Tin are: SAP S/4HANA - the resource management solution, SAP SAC/IBP S&OP, digitize solution Made by FPT such as FPT solutions on SAP, FPT solution for Sales, for Delivery, for Procurement, digitize solution for management process FPT Spro, FPT MES…. These solutions together join hands in creating a new source of power for Kim Tin, from drafting the business plan, setting budget, optimizing supply chain, smart managing factories, modernizing purchasing, sales, delivery, digitizing work process and payment, exploiting data and exporting smart management reports, ...