LOF and FPT kick off digital transformation project with RISE with SAP, targeting billion-dollar revenue goal
LOF (LOF International Dairy Product JSC) and FPT Corporation recently kicked off the “RISE with SAP” implementation project, aiming to build a modern core ERP system. The initiative reinforces LOF’s position as Southeast Asia’s leading food and beverage player. With the project, LOF affirms its bold vision to “Dare to Rise,” laying a solid foundation for operational excellence, digital transformation, and sustainable growth. The RISE with SAP platform is expected to serve as a launchpad for LOF’s aspiration of becoming a billion-dollar enterprise in the near future.
FPT implements enterprise management digital transformation project for LOF with SAP S/4HANA Cloud Private Edition
As a dynamic food and beverage industry player, LOF (formerly IDP – International Dairy Products JSC) has long embraced digital transformation, having adopted the SAP ECC system over a decade ago for its well-known brands such as Kun, LOF Ba Vi, and Malto. However, with rapid business expansion, diversification of distribution channels, and increasingly complex supply chain management, the legacy system began revealing its limitations in scalability and flexibility. Rather than making incremental upgrades, LOF opted for a bold and comprehensive solution: implementing SAP S/4HANA Cloud Private Edition – a next-generation platform that deeply integrates and standardizes all operations, from material planning and production management to supply chain, finance, and strategic decision-making. This marks a technological shift and a pivotal strategic move for LOF to restructure operations and pursue its billion-dollar revenue goal while strengthening its position in the regional market.
As LOF’s strategic partner on this ambitious digital transformation journey, FPT will deploy SAP S/4HANA Cloud Private Edition – SAP’s advanced cloud-based ERP solution. The project will follow an integrated approach, upgrading key modules and expanding from core business operations to advanced management systems.
In the initial phase, the core ERP system will be deployed with key modules including Finance & Accounting, Procurement & Production Material Planning, Production & Farm Management, and Sales Management & Promotion Policies. These modules will be tightly integrated with satellite platforms to create a unified and agile enterprise environment. In the second phase, FPT will implement advanced modules that play a critical role in LOF’s digital transformation journey—empowering the company not only to manage operations effectively but also to forecast trends and proactively adjust its business strategy.
Mr. Bui Hoang Sang of LOF speaks at the event.
Mr. Bui Hoang Sang, CEO of LOF, stated: “In the next five years, LOF aims to double its revenue and become a billion-dollar enterprise. Building a strong management foundation is essential to achieve this, and the ERP system will play a central role. With LOF’s firm commitment, SAP’s advanced technology, and FPT’s proven capabilities and strong dedication, we believe this project will deliver breakthrough results. It marks a strategic step forward in completing LOF’s large-scale management ecosystem and preparing for the next growth phase.”
Mr. Nguyen Hoang Minh of FPT speaks at the event.
Mr. Nguyen Hoang Minh, CEO of FPT IS, FPT Corporation, shared: “FPT is honored to accompany LOF on its digital transformation journey toward becoming a billion-dollar enterprise. This project underscores LOF’s strong commitment to innovation and reflects its strategic vision of adopting cutting-edge technology to stay competitive in an increasingly fierce market. FPT is committed to mobilizing its best resources to help LOF successfully build a digital management system, laying the groundwork for breakthrough growth — not just in the next five years, but well into the future.”
With 36 years of development, FPT has grown into a global technology conglomerate with over 83,000 employees across 30 countries and territories. As a Gold Partner of SAP and the first Vietnamese company certified in specialized SAP ERP deployment, FPT brings over three decades of experience implementing ERP systems and integrated IT platforms for hundreds of multi-sector enterprises, from manufacturing and finance to retail and logistics.
Aaron Ang, Vice President and Head of Mid-Market Business at SAP Southeast Asia, emphasized: “SAP is committed to working closely with FPT to ensure an effective ERP deployment for LOF, enabling the company to maximize data value and streamline operations to achieve its business goals.”
The combination of the advanced “RISE with SAP” solution and FPT’s deployment expertise, recognized as SAP’s top partner in Vietnam for six consecutive years, promises a transformational leap in LOF’s enterprise management. This marks a significant step toward sustainable growth and positions LOF as a leading food and beverage enterprise in Vietnam and Southeast Asia.
About LOF:
LOF (LOF International Dairy Product JSC), formerly IDP (International Dairy Products JSC), has built a strong foundation over more than 20 years of development. Its headquarters are in the Bau Bang Industrial Park, Dau Tieng District, Binh Duong Province. The company currently operates three factories — in Ba Vi, Cu Chi, and Bau Bang — all equipped with modern European-imported machinery. These facilities are expected to reach a production capacity of nearly one million tons by 2025.
LOF owns several well-known dairy brands such as Kun, LOF Ba Vi, and Malto. The company continues to expand and innovate with new product lines that quickly gain consumer favor upon launch. Notable products include Kun Doctor formula milk, Kun 100% fresh milk, Kun jelly milk, Kun rice crackers, and Cascara tea. In addition to domestic success, LOF is actively investing in export markets, expanding its presence in Cambodia, Indonesia, China, and Japan.
