Increasing Vietnamese enterprises participating in Samsung’s production chain
Business improvement consulting program by Samsung experts from Korea. 6 enterprises participating this time include: Manutronics Vietnam Joint Stock Company (Bac Ninh), Tien Thanh Joint Stock Company (Bac Ninh), Bac Viet Technology Joint Stock Company (Bac Ninh), Nhat Minh Company (Binh Duong) ), Minh Man Printing Trading Production Company Limited (Ho Chi Minh City), Vinavit Company (Ho Chi Minh City).
In 12 weeks, Korean experts surveyed and evaluated enterprises for 2 weeks and directly consulted and worked with Vietnamese enterprises in the next 10 weeks to improve production processes and perfect standards in supplying products and components to Samsung’s factories in Vietnam. According to experts, 6 enterprises participating in this consultation have achieved good results in improving production and enhancing competitiveness.
Samsung Vietnam also said that, along with completing the improvement consulting program for 12 potential Vietnamese enterprises, also in 2017, Samsung achieved the goal of increasing the number of Vietnamese enterprises that are tier 1 suppliers to the total number of Vietnamese enterprises. 29 enterprises.
According to experts directly participating in the consulting program, Bac Viet Technology Joint Stock Company is the second-level supplier of Samsung Electronics Vietnam (SEV) and Samsung Electronics Vietnam Thai Nguyen (SEVT) in the field of manufacturing. manufactures precision molds and electronic plastic components. 12 weeks of participating in the consulting program has brought North Vietnam significant improvements in production, product quality as well as inventory management. Accordingly, the inventory ratio decreased from 37% in August to 24% in November. With the support of Samsung experts, Bac Viet has also successfully built a chronic fault improvement system, helping to measure Measure and analyze errors to promptly make improvement plans and preventive measures. The PQC error rate is accordingly reduced to 63% after the improvement process.
Bac Viet Technology Joint Stock Company is a member of BacViet Group, established in July 2008 and officially put into operation in March 2010. With a system of modern and precise mechanical machinery and equipment imported from Switzerland, Japan, Germany, etc., North Vietnam’s detailed products and molds have been approved by partners such as Canon, Samsung, Kyocera, etc. Korg, Nippon Seikei… welcome.
Before becoming a supplier to Samsung, Bac Viet was a major partner of Canon. Mr. Tran Anh Vuong – Chairman of BacViet Group shared: We have been a supplier for Samsung for 2 years now. Currently, North Vietnam provides Samsung with a small part of components in headsets and virtual reality glasses. When Samsung came here, their tier 1 supplier system was Korean companies who came out to find partners and chose businesses as tier 2 suppliers.
“Participating in Samsung’s consulting program this time is a good opportunity for North Vietnam and for Vietnamese enterprises that are manufacturing components to be able to improve their competitiveness and go deeper into the global value chain. of a large corporation, rising to become a tier 1 supplier”, – Mr. Vuong affirmed.
Mr. Tran Quang Huy, Deputy Technical Director of North Vietnam added: The consulting program is really useful for businesses. Samsung experts have supported to improve the competitiveness of Vietnamese enterprises, trying for Vietnamese enterprises to keep up with Korean enterprises in the supply of spare parts and accessories, thereby gradually increasing the localization rate. . Our biggest gain after the consulting program is that there have been many changes from people to general management thinking, workers are more conscious, labor productivity is increased, breakdowns are reduced, waste is reduced; The depth of management as well as production has increased higher than before.
Improving production activities is not only about improving machines and technology, but experts from Samsung have helped businesses from changing their sitting posture to create favorable conditions for workers to operate machines. , equipment … to how to reduce inventory, improve redundancy in the production process… According to the North Vietnamese representative, these are very valuable lessons, helping “big” businesses. in management thinking.
Currently, the product supply for Samsung accounts for 40-45% of North Vietnam’s total revenue; Canon is 35% and about 20% more is left for other businesses. Going through Samsung’s consulting program to become a tier 1 supplier is North Vietnam’s immediate goal. Further, becoming a leading enterprise in the field of supporting industries, specializing in supplying products to foreign corporations and businesses, is still being strived and maintained by the company to support Vietnam’s supporting industry. gradually identified on the global production map.
