Epicor Vietnam

Epicor in Taiwan

Epicor beats 16 others in Taiwan

Epicor has won a contract to replace the ERP solution at Chin Fong Machine Industrial Co Ltd in Taiwan. Chin Fong is the largest manufacturer of mechanical power presses in Taiwan. Founded in 1948 it has revenues of $7.4 billion NTD.

The company is aiming to become the largest manufacturer in the world. It has manufacturing plants in both Taiwan and China. It has also expanded further overseas. Chin Fong acquired Stamtec Inc in 1990 and also has sales offices in China, Taiwan, Malaysia, Indonesia, the USA, and Thailand. It also has a global distribution network. In 2001 it extended its capability to automobile presses and can name Toyota and Ford amongst its customers.

Chin Fong first implemented an ERP solution in 2002. Seventeen years on the business has grown significantly and become more complex. The original ERP could only support standardized products. This increased the burden on staff from workarounds and it decided to replace the legacy solution

Mr. Yuta Tu, IT manager at Chin Fong, said: “Our old ERP system could not cope with the type of orders we were receiving. With customer demands becoming increasingly diversified, whenever we processed orders or managed production, our workforce had to spend lots of extra hours to solve problems caused by the system.”

“Furthermore, since our various subsidiaries used different ERP systems, a lot of additional time was spent compiling data for use in our financial statements. All of this had a negative impact on decision-making within the company.”

A long evaluation process

Chin Fong took its time evaluating the different solutions available. In total it looked at seventeen suppliers. That it took so long is unusual, one might argue that ERP solutions can change considerably over those two years.

However, the answer may lie in another comment by Yuta: “During the testing stage, we found that the combination of Epicor ERP and Microsoft technology complemented each other well. This was especially evident when having to process unexpected financial statements—the system’s ability to quickly input data helped reduce the amount of work for the IT department, thereby greatly increasing efficiency. As a result, we decided to completely switch all of our operations to the new ERP system by the end of this year.”

With such an important decision to make, after all its previous solution had lasted more than 15 years the duration starts to make some sense. Running a pilot to understand the integrations between its different solutions clearly helped. It will also have seen the improvements that Epicor has made to its core ERP solution. Epicor updates its core ERP solution, version 10, every six months. The latest release was in October this year.

Cash flow and mobile ERP key objectives

Chin Fong also had clear objectives for its new solution:

  • Cash flow traceability: required for the core organization and its subsidiaries. By tracking orders and transfers between business units it wanted to manage resources in real-time. This allows it to provide customers with accurate quotations using accurate costs.
  • Mobile-enabled ERP: International growth means it is important that managers can see up to date information on their mobile devices. They can both view information and take action decisions through the mobile application.

Epicor was finally selected based on its integration with Microsoft, the total cost of ownership and positive reference customers.

Implementation begins in China

Chin Fong will first implement the solution at its factory in Jiangsu, China in December. The implementation at Jiangsu will deliver order processing, logistics, purchasing, and finance. Staff from the head office in Taiwan will assist with the implementation.

 Vincent Tang, Regional Vice President, Asia, at Epicor

    Vincent Tang, Regional Vice President, Asia, at Epicor

This will help them gain a deeper knowledge of the solution. It will also be useful when they deploy Epicor in Taiwan in Spring 2020. With a unified solution across its operations, Chin Fong will obtain visibility it has struggled to achieve previously. It should also make further expansion easier.

Vincent Tang, regional vice president, Asia, for Epicor noted: “Epicor has a wealth of expertise in developing ERP software for machinery manufacturers. Our solutions are specifically designed to provide the greatest level of flexibility and promote business growth. We are proud that Chin Fong has selected Epicor ERP to help meet its business goals, and we look forward to supporting the company in its future growth ambitions.”

Enterprise Times: What does this mean

With the Taiwanese manufacturing production index falling in 2019 companies need to ensure that they increase efficiency. Chin Fong will do so over the next few months. This should cut both direct and indirect costs as it rolls out the application. Importantly it will have a better picture of its costs and will be able to transfer production between its plants as required. This should enable it to maximize profits and revenues in the coming years.

The advantage of adopting the Epicor solution is that it will also be able to take advantage of the upgrades every few months without a significant cost burden. It is unlikely that it did so with its historic solution.

Source: Steve Brooks


Data V Tech is proud to be one of the leading ERP vendors in the Asia Pacific. We have implemented Epicor ERP for many businesses in Vietnam and China. For direct consultation, please feel free to contact us.

best manufacturing erp software

ERP purchasing: 5 things to consider

Here are five things to consider before going on an Enterprise Resource Planning (ERP) purchasing journey.

The world’s most popular ERP providers now have variations of their products built specifically for different industries and business models. Each one with hosts of add-on modules, “configurable” to a degree can create a bespoke solution meeting your specific business needs. It is recommended that you request a demo in order to check if it really fits.

It is no secret that software costs money and can be expensive. Accepting this is typically a prerequisite to embarking on an EPR purchasing journey. That is a significant commitment required to procure and implement an ERP solution.

The business can decide to embark on the pursuit entirely on its own. Otherwise, it can choose to consult with experts to guide them through the process, the time, resources. In the latter case, monetary costs can escalate quickly. In either regard though, you get out of it what you put in. Implementing the best ERP for your business and learning how to take full advantage of its capabilities can completely transform your enterprise. More importantly, that can lead to tremendous growth in your business. This up-front cost must be weighed against the substantial time and resource savings the solution will unlock in efficiency gains.

An ERP solution can be a significant investment. Thus, it is important to consider the fact that what your business looks like today might not be what it does tomorrow. The natural path of any successful business is growing. With growth comes expanding business needs, often with an increased degree of complexity.

It’s important to seek out and design an ERP tool that can grow and expand with you while offering a platform to drive innovation. This can be as simple as the ability to add additional users or lines of business. However, it can also be as complex as the ability to handle international operations across multiple business entities using local languages. To get the most out of a new ERP tool, decision-makers should keep in mind the overall trajectory of their business and their vision.

This foresight will help a new ERP become an enabler, integral to the business achieving its ultimate mission and vision.

Transitioning to a new ERP is a tremendous opportunity for a business. It opens up the possibility to transform and modernize the way it operates. For example, you can rethink how to work more efficiently today in the digital world. Keeping that in mind, though, the transition can be detrimental to a business if it attempts to completely erase its previous life. Thus, it is vital to consider the end-user when making the decision to move to a new ERP tool and its implementation.

Technology is all well and good. However, if business owners and employees cannot actually do their job, an ERP transition can cause immense turmoil. More seriously, it has the potential to be the beginning of the end. By considering the needs of the end-user “internal customer” rather than only seeking out the dream-like functionality, you can be sure to select the best course of action for the entire enterprise. At the same time, you can make the transition as seamless as possible.

Keep in mind what a new ERP tool means in its most fundamental sense for your business. Furthermore, change inevitably equals uncertainty. In large part, it is easy for a business owner or executive to make a business case for transitioning to a new ERP. Intentions mean nothing if stakeholders do not buy-in to the project, buy-in to the change, and buy-in works its way from the top down. Without it, a new ERP will never achieve its full potential and can possibly fail entirely.

Before embarking on an ERP purchasing journey, consider what it means for the people that will be most affected. Then, make an effort from the very beginning to get everyone on board. Finally, you get to work together toward the ultimate goal of improving your bottom line. Buy-in equals user adoption which equals more certainty towards achieving a return on investment.

Source: Thomas Burns

Contact us for direct consultation and a demo of your interested solution.

Horasis Asia Meeting 2019

Horasis Asia Meeting 2019

Data V Tech Solutions Company Ltd. is proud to participate in the Horasis Asia Meeting 2019 in Binh Duong, Vietnam. Here are some pictures we took in the event:

Data V Tech Horasis

Ms. Trinh, Lan Phuong (rightmost) and some international guests at Horasis Asia Meeting 2019 in Binh Duong

Horasis Asia Meeting 2019

Further information on the event according to Horasis:

24-25 November 2019, Binh Duong New City, Vietnam

Horasis will convene the 2019 Horasis Asia Meeting in Binh Duong New City, Vietnam, over 24-25 November. The event is co-hosted by Binh Duong Province, Becamex IDC Corp., and VSIP Group. The Horasis Asia Meeting will bring together over 500 of the foremost business and political leaders from across Asia and the world.

Delegates will discuss how to shape the path forward through Asia’s big transitions and how to adopt innovation to build towards a resilient Asia. This year, Vietnam plays again host to the Horasis Asia Meeting. The country aims to become an export economy that can grow fast and provide more jobs with higher income for the people of Vietnam and the whole of Asia.

Horasis Asia Meeting 2019 Horasis Asia Meeting 2019
Trinh Dinh Dung, Deputy Prime Minister, Vietnam Plenary panel at the Horasis Asia Meeting

The annual Horasis Asia Meeting is Asia’s premier gathering of the region’s most senior leaders from business and government. The meeting is poised to be the ideal platform to explore and advance regional cooperation, impact investing and sustainable growth. The location of the meeting rotates annually and recently has been held in Bangkok, Thailand (2016), Kolkata, India (2017) and Binh Duong New City, Vietnam (2018). With this meeting, Horasis aims to present a systemic view of activities affecting the drivers of Asia’s economic success and how Asian businesses interact regionally as well as globally.

Binh Duong Convention Center,
venue of the Horasis Asia Meeting
Binh Duong New City,
Vietnam’s leading smart city

The co-chairs are:

Matlub Ahmad, Chairman, Nitol Niloy Group, Bangladesh
Fernando Gil De Bernabe, Chief Operating Officer Asia Pacific, Japan, and Greater China, Cisco, Singapore
Ed Bullecer, Chief Executive Officer, Paglas Group, Philippines
Herbert Chen Wu, Managing Director, The Economist Global Business Review, China
Thet Thet Khine, Member of Parliament, Myanmar
Don Lam, Chief Executive Officer, and Co-Founder, VinaCapital, Vietnam
  Nguyen Van Hung, Group Executive Chairman, Becamex IDC, Vietnam
Huynh Quang Hai, Group Executive Director, VSIP Group, Vietnam
So-Young Kang, Founder and Chief Executive Officer, Gnowbe, Singapore
Tadahiro Kawada, President, Kawada Technologies, Japan
Sanjay Kirloskar, Chairman, Kirloskar Brothers; President, AIMA, India
Hiroshi Komiyama, President, Kitakyushu Asian Center for Low Carbon Society, Japan
Nguyen Viet Long, Deputy Chief Executive Officer, Becamex IDC, Vietnam
Johan Nyvene, Chief Executive Officer, Ho Chi Minh City Securities Corporation, Vietnam
Ganesh Natarajan, Executive Chairman, and Founder, 5F World, India
Diana Sabrain, Co-founder, OneAgrix, Singapore Diana Sabrain, Co-founder, OneAgrix, Singapore
Vivian Secakusuma, Vice Chairman, Association of Indonesia Investment Advisors, Indonesia
Rita Sim, Chief Executive Officer, CENSE Media, Malaysia
Tan Yinglan, Founding Managing Partner, Insignia Ventures Partners, Singapore
Thong Le Tri, Vice Chairman and Chief Executive Officer, PNJ, Vietnam
Wang Dong, Secretary-General, The Pangoal Institution, China

Horasis – a global visions community committed to inspiring our future – provides a unique platform for companies from emerging and developed markets to globalize their organizations. In addition to the Horasis Asia Meeting, Horasis hosts the annual Horasis Global Meeting, Horasis China Meeting, Horasis India Meeting, as well as the annual gatherings of the Horasis Visionary Circle.

Epicor reports robust growth at 2019 LBM User Conference

At the LBM Insights 2019 User Conference at the Gaylord Opryland in Nashville from November 4-8, Epicor reported a tremendous growth. The event kicked off with Lisa Pope, EVP sales Americas. Pope discussed company news and changes over the past year.

She included the fact that there are 25% more LBM dealers on the BisTrack platform than one year ago, with 10% new locations and 13% new users. Also, with more than 800 industry pros in attendance, this is the biggest LBM user conference in Epicor’s 40-year history.

Furthermore, she discussed the acquisition of Majure Data. She also emphasized it was not to add customers but to provide improved service to existing customers.

epicor reports growth 2019

Jason Parchomchuk, BisTrack product manager (left) and Kevin Hodge, senior LBM product director shared features that have been added recently, as well as some to watch for.

Resiliency was the theme of her opening remarks. The increasing frequency of weather-related disasters—especially hurricanes, tornadoes, and wildfires—have cost billions of dollars in government disaster aid.

Pope carried the theme into resilient organizations and resilient systems. They segued into the elements of Epicor’s BisTrack and LumberTrack software. Their design is to help companies position themselves for growth as well as withstand the disasters that affect so many companies.

Pope recognized two winning companies of Epicor LBM Customer Excellence Awards: E.C. Barton for Technology Innovation, and Northwest Hardwoods for Business Transformation. In addition to the recognition, the two companies received $2,000 to donate to local charities of their choice.

Kevin Hodge, senior director, products and Jason Parchomchuk, manager of project management revealed new features in BisTrack. Many of them were the result of user feedback. The two biggest announcements at the event itself were Epicor Warehouse Management (formerly Majure Data) and the Epicor Payment Gateway

Source: Rick Schumacher

erp supports software implementation

Top ERP Solutions for 2019 and Beyond

The marketplace for Enterprise Resource Planning (ERP) platforms is maturing on a daily basis. It is getting increasingly crowded with excellent software tools for a variety of use cases, verticals, deployment methods, and budgets. In order to assist you with selecting your ERP, here are the best 24 best ERP solutions for 2019.

1.ABAS ERP

best erp solutions 2019

For more than 35 years, abas has helped production-related companies around the world create change and profit from digital transformation—with our advanced ERP software, smart business process consulting. In particular, abas provides ERP and business process management (BPM) software built on open standards that enable organizations to unlock the power of their business-critical content. Whether management or controlling, purchasing or sales, service or accounting, production or warehousing: As a comprehensive solution, abas ERP provides each user the exact functions and information they require.

2.ACUMATICA – The ERP Cloud

best erp solutions 2019

Acumatica provides cloud and browser based-business management software designed for small and mid-sized businesses. In addition, its ERP solution offers a suite of fully-integrated applications powered by a flexible platform. The company offers ERP software for both manufacturing and distribution companies: Manufacturing Edition and Distribution Edition. As one of the fastest-growing providers of cloud ERP software, the company can help streamline your processes while gaining visibility over all aspects of your operations to accelerate your business growth.

3.APTEAN

best erp solutions 2019

Aptean provides various industries within different verticals with very specific ERP, supply chain management and customer experience solutions. The company builds and acquires solutions to support the evolving operational needs of businesses, helping nearly 5,000 organizations. Aptean’s ERP solutions include Cimnet ERP, Encomprix ERP, Ross ERP, and more. Furthermore, the designs of ERP solutions from Aptean connect with deep functional fit built-in. However, they are also highly customizable to align even more closely with your unique business processes.

4.DDISYSTEM

best enterprise resource planning

DDI System’s offering, Inform ERP, is a fully-integrated, real-time system that ties every aspect of distributor operations into a seamless workflow. Inform harmonizes distribution operations using powerful tools designed to align daily tasks with new, opportunistic revenue sources and a focus on the customer first. Inform ERP delivers industry-specific solutions for distributors to succeed in today’s competitive landscape.

5. DELTEK

best enterprise resource planning

Deltek offers a range of ERP products to fit the unique demands of clients. The offers include Costpoint, Maconomy, Deltek for Professional Services, Ajera, and Vision. Deltek’s ERP solutions are available as cloud-based and on-premise systems. Some have the prices on a per employee per month basis. These solutions help efficiently manage resources, better service clients, and grow profitability for firms of any size.

6.EPICOR

epicor erp

Epicor looks to help organizations take advantage of economic changes with its ERP solutions suite. Its ERP solution is a global resource planning platform that provides choice, flexibility, and agility to promote growth and opportunity. This is a software tool for manufacturers, distributors, retailers, and service providers. Moreover, built for companies of all shapes and sizes, Epicor ERP solution gives you better visibility into global business processes and supply chain, build a more data-driven organization, improve productivity and collaboration and raise the bar for quality and compliance.

7.EXACT SOFTWARE

top erp software 2019

Exact Software provides cloud-based business software for small to medium-sized businesses. It offers the Globe Next ERP solution, featuring accounting, inventory management, billing and invoicing, financial reporting, and more. Globe Next can be deployed in the cloud or on-premise. Globe Next was originally designed as a software program but evolved to become a comprehensive ERP system. Exact Software can assist you with their proven ERP solutions for your financial administration with fully integrated industry-specific solutions.

8.FINANCIALFORCE

top erp software 2019

Founded in 2009 and headquartered in San Francisco, FinancialForce is the leading cloud-based ERP for the new services economy. Moreover, it unifies data across the enterprise in real-time, enabling companies to rapidly evolve their business models with customers at the center. Built on the Salesforce platform, FinancialForce software offers centralized billing capabilities to facilitate accurate invoicing for products/services, subscriptions, contracts, projects, and more.

9.INFOR

best erp solutions 2019

Infor is a private software company founded in 2002 and offers both cloud and on-premise ERP solutions for a wide variety of industries worldwide. As a company that’s been building ERP solutions for enterprise-level and small-medium sized businesses for more than 15 years, Infor’s industry-focused CloudSuite solutions help to minimize cumbersome modifications and take advantage of continuous innovation.

10.INTACT SOFTWARE

best erp solution

Founded in 1992 creating accounting software, Intact Software is currently known for providing the flexible Intact IQ, its ERP solution directed towards small and medium-sized businesses. Intact ERP offering, Intact IQ, is a next-generation ERP solution designed for today’s digital economy. Particularly, it removes distracting noise from your business data and allows customers to be presented with the most streamlined and relevant information.

11.IQMS

best erp solution

IQMS provides manufacturers the best choice for reliable, real-time ERP software solutions developed especially for manufacturing processes. Despite the size of your company, EnterpriseIQ ERP is the solution to fit your needs. Their product library consists of Manufacturing ERP, Manufacturing Software, Mobile ERP, Small Business ERP, Private Equity ERP, MES software (and for Enterprise), Quality Management, and more.

12.MASTERPLAN

best erp solution

Masterplan Solutions is a leading provider of cloud business and process integration software including ERP, material requirements planning (MRP), supply chain management (SCM), Sales and Manufacturing software solutions. This software is available as both an upfront perpetual license fee and as a monthly subscription, based on the size of business. In addition, it offers standard manufacturing applications including financial accounting, manufacturing execution, quality management, product life cycle management, supply chain management, supplier management, customer relationship management (CRM) and business intelligence.

13. ODOO

best erp solution

Odoo is an open-source ERP software provider for businesses of all sizes and industries. With the “On-premise” offer, Odoo is the most installed business software in the world; used by over 3.700.000 users worldwide ranging from startup companies (1 user) to large enterprises (300,000+ users). Furthermore, its distinction is that the whole system revolves around a collection of apps. The software has apps to cover everything from warehousing, manufacturing, and sales channels, to timesheets, websites, purchasing, and more.

14. SHOPTECH

best erp solution

Shoptech Software is a provider of best-in-class manufacturing software for your shop. The E2 Shop System is designed with the job shop and make-to-order manufacturer in mind. For 35 years, this software has helped businesses with quick and accurate quoting, real time data collection, flexible scheduling and tight inventory control, and much more.

Furthermore, Shoptech takes the responsibility of hosting your data very seriously. Thus, the’ve partnered with the most reliable cloud management company in the business: Rackspace. Customers can benefit from the seamless integration with QuickBooks too.

data v tech new domain

Data V Tech New Domain

Data V Tech Solutions, Epicor ERP partner in Vietnam, is in a transition to change our domain from https://datavtech.com.au to https://www.datavtech.com recently. You may see non-secure web page appears when entering https://datavtech.com.au. If you further proceed to the page, you will be redirected to our new domain. We apologize for any inconvenience caused.

We expect to complete this transition within May 2019.

In the meantime, we are excited to announce that Data V Tech will be attending Epicor Insights 2019 conference. We will be sharing news and information in our next blog post. Stay tuned!!!