PhuTai Quartz Stone—a subsidiary of PhuTai Joint Stock Company—and FPT Group officially launched the project to implement an Enterprise Resource Planning (ERP) system on February 16, 2025. A PhuTai representative stated that this marks a significant milestone in the company’s digital transformation strategy, aimed at digitizing management and enhancing competitive advantages in the quartz stone manufacturing industry. At the same time, this collaboration also lays the groundwork for broader future partnerships between FPT and subsidiaries of Phu Tai JSC.

Scope of Implementation

FPT will consult on and implement the SAP S/4HANA Cloud Public Edition—a cloud ERP solution—at PhuTai Quartz Stone. The system is expected to be implemented over approximately 4.5 months, covering key modules: Finance and Accounting, Sales, Purchasing, Inventory Management, Production, Quality Management, and electronic invoice integration.

The implementation of the new management system aims to ensure data consistency, enhance real-time control capabilities, and support data-driven decision-making—thereby helping the company standardize processes, optimize resources, and foster closer collaboration among departments.

Overview of the Quartz Stone Industry

The global engineered stone market was valued at $23.42 billion in 2022, with a compound annual growth rate (CAGR) projected to reach 5.8% from 2023 to 2030. In Vietnam, demand for quartz stone in construction and interior design is also on the rise, prompting companies in the industry to invest more heavily in technology to enhance production capacity and management.

Against this backdrop, PhuTai Quartz Stone—a unit of Phu Tai JSC specializing in the production of high-end engineered quartz—has identified digital transformation as a strategic pillar, guided by the value chain of “Innovation – Speed – Sustainability.” This ERP project plays a pivotal role in enhancing management capabilities and laying the foundation for the company’s long-term development.

Why Choose a Cloud Solution

Choosing SAP ERP on a public cloud platform aligns with the digital transformation trend of modern businesses—helping to shorten implementation time, optimize costs, and increase operational flexibility compared to traditional deployment models. According to SAP, the S/4HANA Cloud Public Edition solution can help businesses significantly reduce operating costs and substantially shorten the time required to process business processes compared to manual, siloed systems.

Comments from the Parties

Mr. Phan Quoc Hoai, Deputy General Director of Phu Tai Joint Stock Company, shared his expectations for the project’s success at the signing ceremony with FPT:

"With the support of FPT, an experienced partner in SAP implementation, we are confident that the project will deliver tangible results, helping to improve productivity, optimize resources, and lay a solid foundation for the future sustainable development of Phú Tài JSC."

On the part of FPT, Mr. Dang Truong Thach—Deputy General Director and Director of the Enterprise Division at FPT IS, FPT Group—emphasized that the project reflects the partner’s vision for its digital transformation strategy, which aims to make technology a competitive advantage:

"FPT is proud to be SAP’s number one partner in Vietnam. We are committed to leveraging the expertise, business insight, and technological proficiency of the FPT team to partner with PhuTai Quartz Stone and create new value in the company’s business performance."

Mr. Nguyen Quang Thi, Senior Business Manager at SAP Vietnam, also expressed his support for the collaboration between the two companies, noting that the SAP S/4HANA Cloud Public Edition system will help PhuTai Quartz Stone enhance its competitive edge, optimize operational processes, and pursue sustainable development.

Prerequisites for a Group-Wide Digital Transformation Strategy

According to PhuTai Quartz Stone, this project not only serves internal operational objectives but also lays the groundwork for expanding its implementation to other member units within Phu Tai JSC—thereby contributing to the realization of the Group’s core objectives: building an efficient and sustainable business, increasing corporate value, and safeguarding the interests of both shareholders and employees.