Sài Gòn Paper Partners with Finviet to Launch ECO Platform: A New Step in Digital Transformation and Distribution Management

finviet24/07/2024

Recognized for its popular Bless You and Sài Gòn tissue brands, Sài Gòn Paper, a leading player in Vietnam’s paper manufacturing industry, has forged a strategic alliance with Finviet. Together, we are launching a project to digitalize and optimize distribution using the ECO platform’s solutions. This partnership aims to significantly enhance operational efficiency and streamline distribution across Sài Gòn Paper’s supply chain.

DIGITAL TRANSFORMATION THROUGH THE ECO PLATFORM

Finviet’s ECO platform offers Sài Gòn Paper a complete ecosystem, providing management portals for businesses and distributors, along with the ECO Merchant app for retail points. This comprehensive solution empowers Sài Gòn Paper to efficiently manage distribution, streamline order processing, and maintain control over inventory.

Retail shop owners now have direct access to Sài Gòn Paper’s products, pricing, and promotional programs through the ECO Điểm Bán app. With the ability to place orders 24/7 without relying on sales visits or delivery schedules, it’s never been easier to streamline the ordering process. Distributors can promptly process orders through the app, guaranteeing faster order fulfillment.

By recording all activities, Sài Gòn Paper gains a comprehensive real-time view of its distribution system, leading to improved efficiency and swift issue resolution. Key features include:

Real-time Data: The platform delivers real-time information on point-of-sale images, geographic coordinates, customer verification (KYC), and banking details (Mapbank) for the brand.
Price Protection and Regional Control: ECO utilizes a two-way linkage between the Distributor Portal/Salesman app and the ECO app for points of sale to prevent price dumping and cross-region sales.
Effective Sales Management: ECO tracks and records sales history and inventory, enabling Sài Gòn Paper to efficiently manage sales, monitor stock levels, and optimize goods management across the entire distribution network.
Product Display Management: The platform enables easy tracking and management of product display programs. ECO supports all aspects from program registration to timely and accurate reward payments at participating points of sale.

In order to drive a seamless digital transformation throughout Sài Gòn Paper’s distribution system, Finviet is committed to deploying a dedicated team to execute the project, conduct activation programs at sales points, and deliver operational support, ensuring an exceptional user experience for customers.

EXPANDING DISTRIBUTION

By leveraging the distributor and point-of-sale network integrated into the ECO ecosystem, Sài Gòn Paper can effectively expand its product reach to more regions and customer segments without the need for additional sales personnel. Furthermore, Finviet’s team will serve as an extension of Sài Gòn Paper’s sales force, providing dedicated support and care for points of sale.

Sài Gòn Paper will have an official store on the ECO Consumer app for online purchases, catering to end consumers. Additionally, Sài Gòn Paper products will be available offline at Finviet flagship stores and will be featured in consumer development projects aimed at Industrial Zones and Schools.

ADDRESSING PAYMENT HURDLE

The partnership between Sài Gòn Paper and Finviet also aims to transform payment solutions for Sài Gòn Paper’s supply chain. The ECO e-wallet and ECO QR Code serve as seamless transaction bridges, connecting consumers, points of sale, distributors, and brands. Notably, Sài Gòn Paper can effortlessly manage rewards for its Display Program or Loyalty Program directly through the ECO Wallet, enhancing efficiency and customer satisfaction.

The ECO e-wallet and ECO QR Code offer the potential to cut transaction costs by up to 50% compared to existing payment solutions. This is particularly beneficial for supply chain participants as it helps to minimize cash collection losses and speed up cash flow. As a result, users can exercise greater control over their business and operational capital, leading to improved efficiency and higher profits.

CONCLUSION

Head of Supply Chain at Finviet, Mr. Cừ Nguyễn, expressed his honor in collaborating with Sài Gòn Paper to deploy the ECO platform, marking a significant step in digital transformation and enhancing distribution management efficiency. Both companies are optimistic about the partnership, expecting great success and new opportunities, contributing to the overall growth of the paper industry in Vietnam.