Ho Chi Minh City (HCMC) Open University is implementing the latest version of Epicor Software Corporation’s ERP (enterprise resource planning) solution for research and teaching.
Epicor is also providing expertise and support to the University’s research network, training its faculty lecturers and running training and seminars for University students.
Since first collaborating in 2013, the HCMC Open University has experienced great teaching value from the Epicor ERP system for its students. The upgrade to the latest version of Epicor ERP is now integrated into the curriculum for students from the Finance-Banking, Computer Sciences and Accounting-Auditing faculties, plus two new faculties for Business Administration and Advanced Studies.
More than 100 students receive hands-on experience with the full range of Epicor ERP modules, which include financial, manufacturing and distribution processes. Its sales, purchasing and general ledger modules empower students to apply several theoretical business operations into real business scenarios, and help them to be better equipped for their careers after graduation.
“In business, it’s often difficult to visualize or apply theoretical concepts. Subjects such as financial operations and distribution models are not easily taught and having the Epicor ERP system at hand helps students to apply these concepts in a practical and visual manner. This greatly strengthens their ability to explore new business models, test their knowledge, and deepen their understanding of the business world,” explained Assoc. Prof. Dr. Nguyen Van Phuc, principal of HCMC Open University. “The Epicor ERP system also encourages a self-learning approach where students are constantly challenged to deliver results for theoretical scenarios in the most effective way to help increase productivity and satisfaction.”
“When it comes to research and teaching, close collaboration between universities and the industry is essential,” continued Assoc. Prof. Dr. Nguyen. “As students become familiar with business strategies and modern industrial information systems, they also have the chance to develop pioneering solutions based on research into the current needs of the Vietnamese economy. In return, companies can benefit from new ideas and approaches to help them manage complex application environments.”
“We are very excited to renew our collaboration with the HCMC Open University,” said Sabby Gill, executive vice president of Epicor International. “Today’s manufacturing industry relies heavily on technology to drive growth. More millennials are entering the workplace, and they are both technology proficient and digitally literate. Equipping these students with the relevant experience and skills will help organizations to adapt and empower their employees to boost collaboration and innovation.”