Vietnam-based food manufacturer selects Oracle Fusion Cloud ERP to automate the integration and management of its sales, operations and financial planning functions to support growing business.
Thanh Thanh Cong Bien Hoa, JSC (SBT), an agriculture corporation in Vietnam, has selected Oracle Fusion Cloud Enterprise Resource Planning (ERP) to support the group’s mission to be the leading producer of clean agriculture products in Vietnam and beyond. SBT will use Oracle Cloud ERP to optimize its supply chain and improve financial management efficiency.
As a top performer of Vietnam’s sugar industry and with the ambition to expand the SBT brand globally, SBT needed to move to a cloud platform that could support its growth and innovation pursuits. Oracle Cloud ERP will be implemented across SBT’s business units in Vietnam, Cambodia, Laos and Singapore.
“Our goal is to lead smart agricultural development in Vietnam within the next three years. To start, we need to transform our business model, improve processes and digitize our business line. With its intelligent analytical reporting system and configured to meet current regulatory compliance needs, Oracle Cloud ERP will help with our transformation. SBT will continue to align our in-depth agricultural experience and skilled manpower with smart technologies,” said Dang Huynh Uc My, Vice Chairman, Board of Directors, SBT.
With Oracle Cloud ERP, SBT will have a standardized overview of all business operations on one enterprise-scale SaaS ERP application. These include financial planning and budgeting, demand forecasting and supply chain planning and distribution, all adhering to international accounting standards. Oracle Cloud ERP will also be integrated with other in-house applications such as Farmer Relationship Management (FRM), Customer Relationship Management (CRM) and eOffice to create a comprehensive, integrated data sharing platform. As a result, SBT will be able to make timely data-led decision, improving competitiveness and minimizing risks – meeting its mission to harmonize the interests of farmers, factories, customers and provide clean agriculture products.
“The agriculture industry in Vietnam is on the cusp of the fourth industrial revolution, with digital transformation leading the way for businesses like SBT to realize their goals. However, today’s business climate remains unpredictable. To better respond to changing market conditions, organizations can’t be held back by disparate on-premise business systems – they need to have a clear view of their business on a single data platform. Oracle Cloud ERP will enable SBT to manage its finance and supply chain on an innovative, extensible and scalable cloud ERP platform to create a more adaptable business and better prepare for whatever comes next,” said Nguyen Thi Mai Hoa, head of applications, Oracle Vietnam.
