GOVERNANCE - THE FOUNDATION FOR CREATING SUSTAINABLE VALUE

Governance - the foundation   for creating sustainable value
Double Down

DIGITAL TRANSFORMATION - THE FOUNDATION FOR EFFECTIVE GOVERNANCE

To implement the strategy set forth by the Board of Directors (BOD), Ca Mau Petroleum Fertilizer Joint Stock Company (PVCFC) has undertaken various digital transformation activities aimed at optimizing production processes, enhancing business efficiency, and improving service quality. These activities include the adoption of modern technologies in operational management, automation of production processes, and the development of digital solutions to strengthen governance and decision-making capabilities.

OBJECTIVES OF DIGITAL TRANSFORMATION

In recent years, PVCFC has intensified its digital transformation efforts across the entire company by equipping itself with modern tools and technologies, enabling the business to optimize processes, enhance operational efficiency, and quickly respond to the daily changes in the market. To date, PVCFC has continued to invest in digital transformation activities by implementing and applying various IT-based systems such as the ERP Management System, Eoffice Electronic Office System, Risk Management System, Digital Business Operations System (DMS), “2Nông” App, Customer Service and Marketing Communication System (CRM), Big Data, DMS, and others at different levels to effectively utilize information and data from the market, distributors, and farmers. These efforts have begun to yield certain positive outcomes in the company’s production and business operations.

The digital transformation objectives at PVCFC by 2025 focus on completing the database system, expanding data utilization, and connecting various application systems into an ecosystem that serves corporate governance, leading to improved operational efficiency and sustainable development in the future.

DEVELOPMENT ORIENTATION FOR DIGITAL  TRANSFORMATION ACTIVITIES

In the coming years, PVCFC will continue to make significant investments in digital transformation to enhance governance, production, and business activities.

Digital Transformation in Governance

  • Develop and deploy a Data Platform system on the Data Lake and Power BI platforms; utilize a dashboard system for leadership to centralize all of PVCFC’s data and create data visualizations.
  • Focus on improving IT infrastructure, with an emphasis on system and data security in an era of accelerated digital transformation.
  • Apply AI technology platforms and chatbots to leverage specific data unique to PVCFC.

Digital Transformation in Production

  • Build a centralized database for production operations, maintenance, and manag
  • Transition the existing Management Information System (MIS) to a new system.
  • Develop a smart, highly automated plant.

Digital Transformation in Business Activities

  • Continue to enhance and increase the value of digital applications in managing distribution channels and customers.
  • Implement and launch the artificial intelligence project named “Anh Hai Ca Mau” to enhance customer experience, thereby strengthening customer engagement and increasing the brand image of Ca Mau Fertilizer in customers’ minds.
  • Collect agricultural data and improve customer experience.

SPECIFIC ACTIVITIES AND KEY PROJECTS

  • Completed and deployed the Data Platform system and several BI reporting systems
  • Expanded the implementation of the DMS system to support distribution activities, while also integrating RFID technology in inventory management and implementing loyalty programs.
  • Completed and deployed the system for monitoring and managing the operational performance of the Plant on the OSisoft (PI system) platform