Stavian announces go-live of SAP ERP project, inks deal with FPT

The event was attended by Dinh Duc Thang, chairman cum CEO of Stavian Group, Nguyen Van Khoa, general director of FPT Group, Nguyen Hoang Minh, general girector of FPT Information System (FIS), and Nguyen Hong Viet, general director of SAP Vietnam.

The event marked an important movement of Stavian in the Industry 4.0 era and helped improve the group’s competitiveness in the international market.

Mostly known for its outstanding achievement in the supply chain and manufacturing sector of the petrochemical industry, Stavian is also rapidly expanding its business worldwide, focusing on a variety of industries including petrochemicals, chemicals, pulp and paper, high-tech new materials, recycling, circular economy, industrial parks, logistics, and industry 4.0 venture capital.

To operate this business ecosystem in an always-changing and multifaceted global trade situation, Stavian needs to tackle the challenges of a decentralized information system, resulting in limited resources and inconsistent availability of data for employees. Therefore, digital transformation has become one of the group’s key focus with lot of potential for further development.

Responding to Decision No. 749/QD-TTg on introducing a program for national digital transformation by 2025 with orientations towards 2030, Stavian implemented the business management system SAP S/4HANA, one of the most advanced enterprise resource planning software in business management. This is the digitalization solution that FPT Group has accompanied Stavian to deploy, covering the enterprise’s four main pillars in the 4.0 era, namely information system, ecosystem, customer experience, and Internet of Things.

This will be the key for Stavian to streamline the operating system, enhance corporate governance, increase competitiveness, and expand international businesses. The Go-live event of the SAP ERP Project has truly marked a successful and important milestone for Stavian in its business digital transformation roadmap.

At the ceremony, Stavian and FPT also signed a comprehensive cooperation agreement. Accordingly, FPT will accompany Stavian to develop and apply technology in various business aspects including agents and distributors management, distribution, business process automation, and other digital transformation solutions such as domestic and international transmission services, Internet connection, and advanced 4.0 technology solutions (e.g., AI, Chatbot, RPA, Data Analytics, Blockchain, etc.).

“The SAP ERP solution is the foundation for Stavian Group in our next phase. With the vision of becoming a multinational industrial corporation, digital transformation is a sustainable movement that not only brings profits to businesses but also increases the competitiveness of the Vietnamese economy in the international market. We believe that FPT will help Stavian to accelerate digital transformation, thereby standardizing the entire business protocol, centralizing data, and connecting business subunits to the best corporate governance model. This cooperation with FPT is one of the important steps in our journey to become a leading digitalized industrial corporation in Vietnam and the region,” said Dinh Duc Thang, chairman cum CEO of Stavian, at the ceremony.

“The cooperation between FPT and Stavian is an important milestone in accelerating digitalization for one of the leading enterprises in the petrochemical industry in Vietnam, making an important contribution to realizing the transformation goal for Stavian. With SAP ERP and the digital transformation solutions from FPT, Stavian can optimize operations, reduce costs and save resources, thereby accelerating growth. We hope to continue to accompany Stavian and Vietnamese manufacturing enterprises, providing the right and winning digitization solutions for businesses,” shared Nguyen Van Khoa, general director of FPT Corporation.

Established in 2009, Stavian is currently a multinational industrial corporation operating in many fields including petrochemical, chemical, pulp and paper, new hi-tech materials, recycling industry & circular economy, industrial park, logistics, and industry 4.0 venture capital. The group has headquarters in Vietnam and a network of branches and warehouses in nearly 30 countries.

Stavian aims for sustainable development, creating thousands of jobs and ensuring a high income for employees, bringing benefits to shareholders and investors, and contributing to prosperous development in any localities where the Group operates. It has actively participated in environmental protection and social responsibility in many fields such as education, sports, environmental protection, and charity activities.