At the “Revitalizing businesses for the digital age with ERP” seminar on October 25, 2024, FPT Digital shared strategies for businesses to implement ERP systems and drive sustainable transformation. Mr. Vuong Quan Ngoc – CSO & Partner at FPT Digital highlighted that ERP technology not only aids in automation and cost optimization but also boosts revenue through personalized customer experiences. With a dual transformation strategy, businesses can increase productivity while meeting ESG standards, establishing a long-term competitive edge.
On October 25, 2024, the seminar “Revitalizing enterprises for the digital age with ERP: Unlocking new potential through Low-Code platforms” took place successfully in Ho Chi Minh City, drawing nearly 400 businesses, guests, partners, and media representatives. At the event, Mr. Vuong Quan Ngoc – CSO & Partner at FPT Digital shared strategic insights on leveraging technology to empower internal strength and unlock global potential for businesses.
Robust technological capabilities empower businesses to drive revenue growth and optimize costs, creating a superior competitive advantage.
In a highly competitive economic landscape, the adoption of modern technology in production and operational processes delivers not only immediate efficiencies but also strengthens a business’s long-term competitiveness. ERP (Enterprise Resource Planning) has become a cornerstone in the technology strategies of many companies today. The ERP system automates management processes across financial management, human resources, and supply chain, thereby minimizing errors, saving costs, and enhancing productivity.
Mr. Vuong Quan Ngoc emphasized, “ERP plays a vital role in supporting businesses to operate, optimize processes, and improve performance. However, to maximize the effectiveness of ERP implementation, businesses need a well-planned strategy and in-depth understanding. Thus, the question for companies is no longer whether to implement ERP, but rather how to find reliable and professional partners who can provide tailored solutions, ensuring success on their digital transformation journey.”
According to Mr. Ngoc, ERP technology can drive revenue growth for businesses by enhancing customer experiences and offering more personalized products and services. Additionally, ERP enables businesses to effectively leverage customer data to develop new products, helping to retain existing customers while expanding to new customer segments. On the cost side, ERP optimizes resource allocation, minimizes waste in production processes, and reduces labor costs through automation.
Dual transformation – A sustainable development strategy for businesses powered by technological capabilities
At the event, FPT Digital experts highlighted a long-term approach for businesses through the dual transformation strategy, which combines digital and green transformation. This strategy not only focuses on enhancing efficiency and productivity but also guides businesses toward sustainable development – a crucial factor as ESG (Environmental, Social, and Governance) requirements increasingly become mandatory standards in international markets.
Mr. Ngoc emphasized that dual transformation is the optimal strategy for businesses seeking sustainable growth while boosting competitiveness. To achieve this, companies need to not only implement digital solutions like ERP but also invest in green technologies to minimize environmental impact. According to him, an ERP system integrated with technologies such as AI and IoT can enable businesses to monitor and reduce resource waste, optimize production processes, and improve sustainability metrics across the organization.
Implementing dual transformation requires thorough strategic preparation and strong execution capabilities. For successful implementation, businesses need a clear roadmap and a strong commitment from leadership, supported by experienced consulting partners. “Quick-win” initiatives – solutions that are easy to implement and deliver short-term results – serve as essential starting points, enabling companies to gradually advance their sustainable transformation strategy.
