Local firm United Paints Group (UPG) has officially launched the ERP (enterprise resource planning) project implemented by Vietnam-based FPT Corp, the latter said in a statement.
With this contract, UPG becomes the first enterprise in Myanmar to apply SAP All in one – a leading ERP solution – to its operation.
This is also the first ERP project of FPT in Myanmar. FPT is one of the first Vietnamese IT firms to have presence in Myanmar, where it established operation in July 2013.
According to the contract, FPT will offer SAP A1 for UPG with modules including production, purchasing, stock balances, financial accounting and reporting.
The project is estimated to be completed within seven months.
With SAP A1, UPG seeks to replace its current outdated management system with a more efficient tool to monitor its daily operation.
FPT said the application will help UPG manage its production, storage, purchasing activities, accounting; increase production efficiency and business performance; manage effectively cash flow; offer real-time data and reporting system for UPG managers.
Recently, the number of Myanmar enterprises applying advanced IT solutions to their management and production process has increased dramatically.
FPT, which is present in 19 countries, said it expects to have more cooperation opportunities in ERP in Myanmar. FPT said it expects to reach sales of $3 million in ERP sector in 2015.
UPG, established in 1995, produces a wide range of products including architecture paints, decorative paints, industrial paints, marine paints, protective coatings, wood coatings and other painting-related products.
