Suntory Pepsico Vietnam Fully Digitalizes Enterprise Resource Planning System
Suntory PepsiCo Beverage Vietnam Limited (Suntory PepsiCo Vietnam) has signed a strategic partnership agreement with Deloitte Consulting Vietnam to start the world’s leading enterprise resource planning project (SAP S/4HANA), aiming towards the full digitisation of Suntory PepsiCo Vietnam to build a solid foundation for business development.
The full enterprise digitisation strategy
After 25 years living up to its motto 'In Vietnam - For Vietnam - With Vietnam', Suntory PepsiCo Vietnam has been pushing beyond the limits to maintain its leading position in the beverage industry with positive contributions to national socio-economic development. Specifically, Suntory PepsiCo Vietnam has been contributing billions of VND to the State budget and providing thousands of career opportunities for Vietnamese labourers, whilst implementing practical community-oriented initiatives in education and training, water and environment, healthcare, etc. In the rapidly changing technology world, Suntory PepsiCo Vietnam decided it is time the company invests for business transformation.
Uday Shankar Sinha, CEO & GD of Suntory PepsiCo Vietnam, speaking at the ceremony
The application of the Enterprise Resource Planning solution SAP S/4HANA helps Suntory PepsiCo Vietnam effectively plan and manage all corporate business activities. After completing the project, Suntory PepsiCo Vietnam will have a world-class corporate administration system with all business data recorded and retrieved in real time. This system will help the Board of Directors in supervising the always-on key performance indicators, making timely yet accurate decisions and increasing competitive advantage in the market for the corporate. SAP S/4HANA also supports the business in processing financial statements in a prompt, exact and transparent manner.
Commenting on the implementation of this project, Aamir Muhammad, Senior Vice President & CFO of Suntory PepsiCo Vietnam said:
“At Suntory PepsiCo Vietnam, we have made the choice to embrace the change and have chartered a course towards becoming a future ready organization to ensure sustainable growth and also continue our contribution in the success of Viet Nam. We have partnered with SAP and Deloitte Consulting Vietnam to help us in taking the first step in this journey by investing in SAP S/4HANA, a state-of-the-art cloud based ERP solution, which sits at the heart of our pursuit for change.”
Representatives from Suntory PepsiCo Vietnam and Deloitte Consulting Vietnam at the signing ceremony
SAP S/4HANA is the advanced Enterprise Resource Planning (ERP) suite of SAP, built on HANA - the advanced in-memory computing platform (data to be stored on main memory instead of disk storage mechanism for faster access) that enables the system to operate and get access to real-time data.
Besides decreasing the time to actualise the values, the SAP S/4HANA solution helps connect headquarters, branches and business partners within the same system for better customer service quality, whilst ensuring the smooth and effective information flow and business procedures.
Looking towards sustainable development
Nowadays, SAP S/4HANA has been successfully applied in various companies across the world. However, in Viet Nam, there are only a few enterprises using this solution due to its large investment costs. Suntory PepsiCo Vietnam is one of the first beverage companies to apply the most advanced Enterprise Resource Planning solution - SAP S/4HANA to build a solid corporate administration platform for promoting the accelerated and sustainable development in the future. This is a bold but promising decision of the company in the age of Industry 4.0.
Pankaj Rathi - Vietnam Country Consulting Leader of Deloitte Consulting Vietnam emphasised:
“The SAP S/4HANA project of Suntory PepsiCo Vietnam is one of the largest projects nowadays due to its large scope of work and requirement of huge investment in finance and human resources. We have been working closely with Suntory PepsiCo Vietnam in building solutions and procedures based on the most advanced international standards, which are suitable for their business operation model in Viet Nam.”
A representative from Suntory PepsiCo Vietnam received the Sustainable Business Award from VCCI in 2018
Today, the booming success of Suntory PepsiCo Vietnam is not limited to the impressive revenue or manufacturing output, but also to the long-term commitment for sustainable development in Viet Nam, in which, the full digitisation in operating business endeavors and the corporate value of 'Giving back to society' are the most specific examples.